Industry News II

Ridgeline Hires Chief Operating Officer – Press Releases

August 24, 2012 No Comments »

CALGARY, Aug. 24, 2012 /PRNewswire/ – Ridgeline Energy Services Inc.
(“Ridgeline” or the “Company”) (TSXV: RLE, OTCQX: RGDEF, FSE: RL7) an
energy services and water treatment company, today announced that
Richard Winterich has been hired as Chief Operating Officer for the
company.

Tony Ker, CEO of Ridgeline Energy Services, stated, “Ridgeline is very
pleas ed to announce the appointment of Mr. Winterich at an exciting
time in our company's progress. We are expecting accelerated rates of
growth as our water treatment business develops. His background is well
suited for this stage of our company's expansion.”

Over the past 35 years Mr. Winterich has gained significant financial
leadership and operational management experience that he will bring to
Ridgeline Energy Services.  He has held numerous CFO and COO positions
in a variety of public and private companies ranging in size from
Fortune 500 to start-up technology companies.    Throughout his career
he has successfully completed numerous merger and acquisition
transactions.   His main areas of expertise are operations, strategic
planning, cash flow management, expense control and M&A, all focused on
optimizing shareholder valuation.

Prior to joining Ridgeline, Mr. Winterich was the CFO/COO of Ensynch, a
Microsoft Gold Partner which was successfully sold to Insight.  Prior
to Ensynch, Mr. Winterich was the CFO/COO of Horizon Waste Services. 
He served as CFO of Mobility Electronics, a start-up technology company
that raised $55M in an IPO in 2000.  He held both CFO/COO positions in
companies owned by the venture fund operated by the Harbour Group.  As
Director of Finance for Square D Corporation, a $1.8B Fortune 500
Company, he was responsible for strategic planning, IT and the
operation of domestic and foreign production facilities managing a
staff in excess of 200 employees.  He holds a Bachelor Degree in
Accounting from Baldwin-Wallace College.

About Ridgeline Energy Services Inc.

Ridgeline Energy Services Inc. is an energy services and water treatment
company. The Company is applying proprietary technology to treat water
generated from industrial and commercial waste water markets. These
markets include a wide variety of clients across a broad spectrum of
industries including oil and gas. Through its environmental consulting
and remediation divisions, Ridgeline Environment has built a reputation
as an established provider of environmental services to the Western
Canadian oil and gas industry. Ridgeline GreenFill provides soil
remediation and wet waste disposal services to the oil and gas
industry.  The Company trades on the TSX Venture Exchange under the
symbol “RLE”, the OTCQX as “RGDEF” and the Frankfurt Stock Exchange as
“RL7”.

Additional information is available on the Company's website at: www.ridgelinecanada.com.

ON BEHALF OF THE BOARD OF DIRECTORS
“Tony Ker”
Tony Ker, CEO

“Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this news
release. This news release may contain forward-looking statements.
Forward-looking statements address future events and conditions and
therefore, involve inherent risks and uncertainties. Actual results may
differ materially from those currently anticipated in such statements.
Such information is subject to known and unknown risks, uncertainties
and other factors that could influence actual results or events and
cause actual results or events to differ materially from those stated,
anticipated or implied in the forward-looking information.  Readers are
cautioned not to place undue reliance on forward-looking information,
as no assurances can be given as to future results, levels of activity
or achievements.”

SOURCE Ridgeline Energy Services Inc.

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