MOP Environmental Solutions Founder Charles M. Diamond Dead at 69


Source: Marketwire

Wayne King, Recently Appointed CEO, to Implement Seamless Transition

BATH, NH -- (Marketwire) -- 10/13/11 -- MOP Environmental Solutions, Inc. (PINKSHEETS: MOPN) today announced the death of its founding President and CEO, Charles M. Diamond, inventor of the Maximum Oil Pickup (MOP) line of oil cleanup products as well as a host of other products.

Wayne King, recently appointed CEO and President of MOP, said that Diamond died peacefully at home surrounded by his family. 'All of us in the MOP family are saddened by the passing of our friend and mentor Charlie but we are inspired by his life of meaning and purpose. Charlie continued to work right up to the final two weeks of his life when he gathered his company team together and initiated a well planned transition.' This transition then elevated Wayne King to the position of CEO, President and Chairman of the MOP corporate Board of Directors along with Reuven Rubinson as CFO and board member.

Ryan Vizena and Jerry Esposito, who head the manufacturing division of MOP, spoke fondly of The North Country Icon who rode into Bath, NH on his motorcycle fresh out of college and talked his way into ownership of the Bath Hydroelectric Plant and then proceeded to use the electricity generated by that plant to invent the world's first -- and still premier -- green oil spill cleanup absorbent.

'Charlie's mind was always running in overdrive,' said Vizena. 'Every day there was a new idea and a new revelation. Our task was to pay attention and make sure that we wrote down the ideas for action later on.'

Charles M. Diamond's final act was undoubtedly his biggest -- the orchestration of a Purchase and Sales agreement for the Groveton Paper Mill, intended to establish a Green Technology Manufacturing, & Research Park. The dream of the Green Technology Park will now be implemented by his friend and colleague Wayne King.

Diamond's son Ben will serve on the board of directors of the Corporation to assure that his father's vision is preserved, but the day to day responsibility for the company will fall to King who says that he has been schooled well by Charlie Diamond and is prepared for the challenge.

But the North Country won't soon be able to forget Diamond and his contributions, Wayne King has announced that a lasting memorial to the Diamond family will be capitalized in Charlie's name soon. Details will be forthcoming in the near future.

The plan is to fund a Technology Education Center & Foundation at the Groveton Park said Michelle Chamberlain, Director of Budget and Logistics for MOP.

Reuven Rubinson, CFO said that the mission of the Center and Foundation would be to develop 'Transformational Technologies to Save the Planet,' a cause which has been Mr. Diamond's life work. In addition Rubinson said the company hopes to develop the Diamond Technology Training Center at the Moses Payson Mansion in Bath.

'People will long remember how Charlie Diamond literally stood between the Payson Mansion and a wrecking ball until the owner agreed to sell him the aging but grand old building,' said Kathy Martin, Executive Assistant to Mr. Diamond. Years later he repeated that moment virtually with the purchase agreement on the Groveton Mill.

MOP Environmental Solutions, Inc. is an Environmental Solutions Company focusing on the development of solutions to the planet's most difficult environmental challenges including Oil Spill cleanup, Recycling and Solid Waste Disposal, Renewable Energy Research, Development and Commercialization, and Contained Environment Agriculture.

Forward-looking statements in this news release are pursuant to safe harbor provisions of Section 21E of Securities Exchange Act of 1934. Investors are cautioned that statements in this release are not strictly historical statements, including without limitation, management's plans and objectives for future operations, assessment of market factors, statements regarding strategy, company plans and its strategic partners. These constitute forward-looking statements, are not guarantees of the company's future performance and are subject to risks and uncertainties, such as funding for machinery and materials, success in acquiring customers, maintaining needed government relationships, and successfully executing a business plan, which could cause the company's actual future results to differ materially from the forward-looking statements. For all such forward-looking statements, we claim the safe harbor for forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. MOP Environmental Solutions, Inc. disclaims any obligation to update any forward-looking statement made herein.

Wayne D. King
CEO & President
MOP Environmental Solutions, Inc.

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