Monday, July 25, 2011

Scorpex, Inc. (SRPX) Announces Additions to Board of Directors and Executive Team

Scorpex, Inc., an emerging leader of industrial, hazardous and toxic waste disposal    services in the Baja Mexico/California region, announced the appointment of Kenneth I. Denos to its Board of Directors, and Chene Gardner as interim Chief Financial Officer who will also serve on the Board of Directors. Furthermore, both individuals will be part of the audit committee, sharing in the responsibility of overseeing the audit preparation.

Kenneth Denos brings with him extensive top management experience as he has served as the Chief Executive Officer of numerous successful companies, both public and private, including Equus Total Return, Inc., SportsNuts, Inc., MCC Global N.V., and Moore, Clayton Capital Advisors, Inc. He has also served on the Board of Directors for Secure Netwerks, Inc., Healthcare Enterprise Group PLC and Tersus Energy PLC. Currently, Mr. Denos serves as Deputy Chairman of the Board of London Pacific & Partners, Inc., in addition to working in other endeavors. He earned a Bachelor of Science degree in Business Finance and Political Science, a Master of Business Administration Degree, and a Juris Doctor from the University of Utah.

Chene Gardner is currently serves Alto Group Holdings, Inc., a filer of reports pursuant to requirements of the Securities Exchange Act of 1934, as Chief Financial Officer. He is also an executive officer and director of Nano Dimensions, Inc. and an executive officer and director of Secure Netwerks, Inc. Mr. Gardner previously served Fuelstream, Inc. as the Financial Controller and has auditing and accounting experience with the firm Deloitte & Touche LLP, serving clients in the banking, manufacturing, and retail industries. Mr. Gardner holds Bachelor and Master of Accounting degrees from Weber State University.

Joseph Caywood, Chief Executive Officer, commented, “We are committed to strong corporate governance and believe these additions will further our efforts in this regard. With plans to continue adding proven leadership and executive talent to our board and executive team, Scorpex will continue to keep shareholders updated on further additions and other corporate developments.”

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