New CEO Appointed to Steer Todays Alternative Energy's Growth Strategy


FAIRFIELD, Conn., Aug. 4, 2012 (GLOBE NEWSWIRE) -- Todays Alternative Energy Corporation (OTCBB:TAEC), in keeping with its commitment to their clients and shareholders, announced today the appointment of Albertus Hendrik van Leiden to the role of CEO. Mr. van Leiden brings to Todays Alternative Energy over 40 years of expansive and diverse experience in the energy field.  Mr. Len Amato, who had recently served as CEO, and who will be remaining as a board member, says that the addition of Mr. van Leiden will help to take the company to the next level and beyond. We are very excited, as Mr. van Leiden comes to us from running a very successful and profitable mid-size worldwide energy engineering company, whose clients included top companies in the energy field, such as GE, Exxon, Royal Dutch Shell, and BP, just to name a few.

In addition, Mr. van Leiden, 70, was the founder and has been the Chief Executive Officer of ProOne Europe B.V. since 2010. ProOne Europe B.V. is based in the Netherlands and specializes in the sale and distribution of cost-effective and environmentally friendly lubrication and cutting fluids. From 1985 to 1992, Mr. van Leiden served as Chief Executive Officer of TOP Systems, a company that develops portable energy for cars and ships, which he founded. Since 1980, Mr. van Leiden has been the Chief Executive Officer of Q.E. Holding B.V. and Q&P Trading B.V., holding companies for investments in noise and vibration abatement businesses that have been sold, including Quietflo Engineering B.V., a multinational noise and vibration abatement company, which he founded, and of which he was Chief Executive Officer. In March of 2012 Mr. van Leiden was chosen to be a director of our Company based on his executive management experience with both established and newly formed companies, and his experience with the development and commercialization of innovative technology in environmental products and services. We now welcome him to the position of CEO.

"I look forward to working with him to provide a smooth transition as well as remaining an active member of our board, as our company continues to grow and expand," added Mr. Amato.  

Todays Alternative Energy Corporation (TAEC) is a public company that has specialized in exploring for new green, non fossil fuel energy sources which benefit their clients, while causing no harm to our planet.  

If you are interested in learning more about this innovative company, please reference their stock symbol TAEC or visit our website at www.taec.biz

Forward-Looking Statements

This press release contains certain "forward-looking statements" within the meaning of federal securities laws including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions. Although the Company believes that the statements were reasonable when made, these forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: competitive and general economic conditions, adverse effects of litigation, the timely development and acceptance of our products and services, significant changes in the competitive environment, the failure to generate or the loss of significant numbers of customers, the loss of senior management or increased government regulations.



            

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