Lanny
has
over
30
years
of
experience
in
district
energy,
utility
systems, district
cooling,
deep
water
cooling,
combined
heat
and
power, building
energy
and
control
systems,
and
commercial
and
industrial refrigeration.
Since
1984,
Lanny
has
provided
leadership
for
over
$240
million
in central
plant
and
building
energy
projects
at
Cornell.
He
led
the campus
wide
$45
million
Energy
Conservation
Initiative
and
energy management
program
from
2001
to
2015
which
kept
energy
use
flat while
campus
space
grew
by
20%.
He
was
the
project
director
for
the $83
million
Combined
Heat
and
Power
Project
which
allowed
the university
to
eliminate
coal,
reduce
central
utility
use
associated carbon
emissions
by
50%,
exceed
its
stated
Kyoto
compliance
goal, and
usher
in
a new
era
of
high efficiency heating
and electricity.
Lanny
initiated
and
was
project
manager
for
the
Lake Source
Cooling
deep
lake
water
cooling
project,
an
innovative
and award-winning
project
completed
in
2000
that
provides
all
of
the chilled
water
production
on
the
central
campus
utilizing
a
renewable resource
and
86%
less
energy.
Lanny
has
a
Bachelor
of
Science
in
Mechanical
and
Aerospace Engineering
from
Cornell
with
distinction
and
is
a
member
of
the International
District
Energy
Association
(IDEA),
Association
of
Heating, Refrigerating,
and
Air
Conditioning
Engineers
(ASHRAE)
the
American Society
of
Mechanical
Engineers
(ASME),
and
the
Association
of Energy
Engineers
(AEE).
"We
are
very
pleased
to
welcome
Lanny
to
our
advisory
board."
said
Jeremy P. Feakins
,
Chairman
and
CEO
of
Ocean
Thermal
Energy Corporation.
“Our
company
will
benefit
greatly
from
his
expertise
and practical
knowledge
of
district
cooling
and
energy
systems
based
on innovative
deep
water
technology.”
Lanny
said,
”I
look
forward
to
using
my
expertise
to
assist
OTE
in
its quest
to
create
truly
exceptional
systems
around
the
world.
I
believe strongly
that
innovative
highly
efficient
energy
systems
and
aggressive conservation
are
required
to
reduce
global
climate
impacts.
”
Other
members
of
OTE’s
prestigious
advisory
board
include
Roy Bernardi,
Former
U.S.
Deputy
Secretary
of
Housing
and
Urban Development;
Ed
Rendell,
Former
Governor
of
Pennsylvania;
Rear Admiral
(Ret.)
Janice
Hamby,
Chancellor,
National
Defense
University; Tom
Wells,
Founding
Partner
of
Wells,
Jaworski,
&
Liebman,
LLP;
Diane Poillon,
CEO
at
Willow
Valley
Associates,
Inc.;
and
Linda
Duncan,OTE’s
London,
UK
based
Director.
About
Ocean
Thermal
Energy
Corporation
OTE
is
a
Lancaster,
Pennsylvania-based
Company
that
designs
and develops
deep-water
hydro thermal
clean-energy
systems
which include
producing
fossil
fuel
free
electricity
through
Ocean
Thermal Energy
Conversion
(OTEC)
and
environmentally
friendly
cooling though
Seawater
Air
Conditioning
(SWAC).
An
important
part
of
the technology
is
the
production
of
large
amounts
of
water
for
drinking, aquaculture,
and
agriculture.
OTE’s
technology
is
best
suited
to
tropical
and
subtropical
regions
of the
world
where
about
3
billion
people
live.
It
utilizes
the
natural temperature
differential
in
oceans
to
generate
base-load,
24/7, clean,
non-polluting
electricity,
as
well
as
alternative,
energy-efficient cooling
systems
and
fresh
water,
the
latter
of
which
is
essential
for
the entire
world,
particularly
developing
communities.
Since
the
1970s, OTEC
and
SWAC
systems
have
been
successfully
demonstrated
and operating
in
several
locations
around
the
world.
For
additional
information
regarding
OTE,
please
visit
the
Company’s website
at
Safe
Harbor
Statement
Except
for
the
historical
information
contained
herein,
this
press release
contains
forward-looking
statements
made
pursuant
to
the "safe
harbor"
provisions
of
the
Private
Securities
Litigation
Reform
Act of
1995.
Investors
are
cautioned
that
statements
in
this
press
release regarding
OTE’s
plans
or
expectations
constitute
forward-looking statements.
These
statements
involve
risks
and
uncertainties
that
can cause
actual
results
to
differ
materially
from
those
in
such
forward-looking
statements.
These
risks
and
uncertainties,
include,
without limitation:
a
decision
by
any
of
the
interested
parties
to
not
enter
into a
definitive
power
purchase
agreement;
the
inability
of
the
parties
to successfully
negotiate
and
enter
into
a
definitive
power
purchase agreement;
the
inability
of
the
parties
to
meet
every
closing
condition contained
in
such
definitive
power
purchase
agreement
and
the protection
and
maintenance
of
OTE’s
intellectual
property
rights. Additional
information
and
factors
that
could
cause
actual
results
to differ
materially
from
those
in
the
forward-looking
statements
are
contained
in
OTE’s
periodic
reports
filed
with
the
Securities
and
Exchange
Commission
under
the
heading
"Risk
Factors."
Undue reliance
should
not
be
placed
on
forward-looking
statements,
which speak
only
as
of
the
date
they
are
made,
and
the
facts
and assumptions
underlying
the
forward looking
statements
may
change. Except
as
required
by
law,
OTE
disclaims
any
obligation
to
update these
forward looking
statements
to
reflect
future
information,
events or
circumstances.
Investor
Contact
Brian
Barnes
858-264-6502
Ocean Thermal Energy Corporation
800 South Queen Street | Lancaster, Pennsylvania | 17603 5818 | United States of America
Phone: +1 717 299 1344 | Fax: +1 717 299 1336
Offices also in: The Bahamas | Cayman Islands | U.S. Virgin Islands
info@OTEcorporation.com | www.OTEcorporation.com
