PENNINGTON, N.J., June 14, 2001 — WorldWater Corp., a full-service water management and solar engineering company specializing in solar pumps and solar electrical systems to provide clean water and electricity to users in developing countries around the world, announced today that shareholders attending the annual meeting had ratified the appointment of Lange Schermerhorn, former U.S. Ambassador to Djibouti, as a member of the company's Board of Directors.
"Lange Schermerhorn's knowledge and well-grounded understanding of the problems facing developing countries will be invaluable to WorldWater as the company continues to penetrate markets in developing countries around the world," Chairman and Chief Executive Officer Quentin Kelly told shareholders attending the meeting.
"Her background in economics and contacts with international organizations that assist in funding new construction and development projects will be extremely helpful to the company."
WorldWater, which has signed an agreement with the government of Somalia to be the East African country's master consultant and contractor for all water and energy programs, currently has solar pumping and solar electrical systems operating in the Philippines, Sri Lanka, Pakistan, Tanzania, and Ecuador, among other countries. It also is negotiating projects in other developing nations.
Ms. Schermerhorn, who recently retired as U.S. Ambassador to Djibouti, is a 30-year veteran of the U.S. Foreign Service, holds expertise in the politics and economics of East African countries such as Djibouti, Ethiopia, Somalia and nations where WorldWater does business.
She has covered the globe as senior foreign officer on assignments ranging from Deputy Chief of Mission (Deputy Ambassador) in Brussels, with specific emphasis on economics involving Belgium, the European Union and the North Atlantic Treaty Organization (NATO), to posts in Sri Lanka, Vietnam, Iran, London and Washington. Ms. Schermerhorn holds a B.A. from Mount Holyoke College in South Hadley, Massachusetts.
She is a 1982 graduate of the National War College, National Defense University in Fort McNair, Washington, and obtained a certificate in Economics from the Foreign Service Institute in 1974. Ambassador Schermerhorn joins other Directors Quentin T. Kelly, Joseph Cygler, Rolf Hafeli and Dr. Davinder Sethi. Two current Directors, Dr. Martin Beyer and Dr. Russell Sturzebecker, are retiring from the active Board but will remain as Emeritus Directors.
Shareholders attending the meeting and those voting by proxy also ratified the appointment of Civale, Silvestri, Alfiere, Martin & Higgins, LLC, as the company's independent auditors.
WorldWater Corp. (http://www.worldwater.com) is a full-service water management and solar engineering company specializing in solving water problems through use of solar energy.
The company produces and distributes the proprietary AquaSafe™ and AquaMax 2200™ solar water pumps, capable of delivering water in volumes from 5 gallons to more than 2000 gallons per minute. to more than 2000 gallons per minute.
