Dynamic Alert Announces Appointment of Jennings as VP Business Development and Director
December 22, 2009 Symbol: DYMC
Contact Tom Sawyer, CEO: 1-801-944 4090
San Diego: Dynamic Alert Ltd. (the “Company”) is pleased to announce the appointment of Phillip E. Jennings as Vice President Business Development and a Director of the Company, effective immediately.
Mr. Jennings, 68, is an investment banker with significant experience in financing and merger and acquisition activities over the past thirty years. He has created and financed companies in the resource and technology sectors in Asia and South America, as well as the U.S. Throughout his career, Mr. Jennings has been a leader in applying new technology to existing businesses to increase efficiency and profitability.
In 1992, Mr. Jennings was CEO and founder of Teleres, a joint venture with Dow Jones & Co. and AEGON USA that created the first national online real estate system. In 1997, he created a similar company in China (Soufun.com) which has grown to be the largest in the world in that industry. He has significant experience and connections in the South American resource business where, since 2001, he has been involved in using tertiary recovery technology methodology in oil and gas exploration in Colombia. His time in South America led him to become the founder of two ventures using leading-edge technology to identify and map landmines and to distribute water-purifying devices to local communities in Colombia that have been negatively affected by war and the accompanying explosive remnants of such conflict. To enhance those efforts, he recently co-founded Molecular Resonance Corporation (MRC) to research and develop an electromagnetic spectroscopy system for the airborne detection of Improvised Explosive Devices using sensors developed by Lawrence Livermore National Laboratory combined with MRC proprietary technology. Mr. Jennings is also the founder of Brazil Gold Corporation, a US-based privately-held mineral exploration company active in South America. He currently sits on the board of directors of quant fund managers First Forge Capital LLC, and is a member of the board of directors and the CEO of Avalon Holding Group Inc., an SEC-listed company.
Mr. Jennings was born and educated in the United States, graduating from Oklahoma State University with a degree in Business Administration. He attended the University of Mexico for graduate studies. He is a former U.S. Marine Captain.
NOTE: The information contained in this press release contains forward looking statements which are based on the current expectations of the management of Dynamic Alert, Ltd. only, and actual results may differ materially. For a more detailed discussion of risks and other factors related to Dynamic Alert, Ltd., please refer to its Form 10-K and Form 10-Q reports, as filed with the U.S. Securities and Exchange Commission.
- Contact Information
- Tom Sawyer
- Dynamic Alert Ltd.
- Contact via E-mail
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