BLDW News

Building Turbines, Inc. Announces Engagements With Dallas Premier CPA, MBA Rick Toussaint to Become a Fully Reporting Company

2012-07-31 09:33 ET - News Release

AUSTIN, TX -- (Marketwire) -- 07/31/12

Building Turbines, Inc. (PINKSHEETS: BLDW) proudly announces that the company they have entered into agreements with is Rick Toussaint CPA, MBA and director of Salient Management. The engagement will focus on identifying a qualified PCBOA external auditor, preparing the S-1 or Form 10 SEC filings, the quarterly (10-Q) and the annual SEC filing (10-K), and coordinating the quarterly reviews and annual audits with the board appointed PCBOA external auditor.

This engagement represents the first steps for Building Turbines, Inc. to becoming a fully reporting company. Rick Toussaint has over 15 years' experience as a management and finance leader, focusing on all aspects of corporate finance, internal audit (financial, operational, compliance, IT), operational effectiveness, profit/performance enhancement, teambuilding, and project management. He has strong technical knowledge in US GAAP and GAAS for both private and public entities. Some of his esteemed clients include: Duke Energy, First Energy Corp., City of Dallas, and Dallas Independent School District.

John F. Graham, CEO of BLDW, states, "We are happy to make good on our promises to shareholders to move forward with our goals of becoming fully reporting. Hiring someone with the expertise and experience of Mr. Toussaint should ensure a quick audit, filing and registration process. We look forward to working with Salient's team."