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Svante Appoints Daryl Musselman as New VP Manufacturing Operations

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VANCOUVER, British Columbia —August 31, 2017 — Svante (formerly Inventys Thermal Technologies) announced that Daryl D. Musselman, PhD, P.Eng. was recently appointed Vice President, Manufacturing Operations, filing a strategic position as the carbon capture technology company builds the world’s first pilot-scale plant using structured adsorbents to capture CO2 for Husky Energy.

“Daryl has unique experience in the gas separation business and comprehensive understanding of structured adsorbent bed manufacturing process,” President and CEO Claude Letourneau said. “Furthermore, with more than 25 years’ experience as a mechanical expert, he will be responsible for the strategy, planning, direction and execution for all of our manufacturing operations, including supply chain management, engineering group (manufacturing process and full turn-key gas treatment plants) and field services of gas plants.”

Dr. Musselman commented, “Svante is pioneering the development of a compact adsorption machine to separate CO2 from dilute flue gas. This approach, in my opinion, has the potential to significantly improve the speed, size, and costs of carbon capture system deployment. I look forward to contributing to the commercialization of this technology.”

The VeloxoTherm™ System is a next-generation CO2-capture technology that has the potential to deliver breakthrough capture costs. By combining a uniquely patented solid adsorbent structure with a rapid cycling temperature swing adsorption process, Svante has successfully demonstrated economical CO2-capture capabilities with its compact adsorption machine.

Earlier this year, Svante announced plans to commission a 30-tonne per day (TPD) CO2-capture pilot plant to capture CO2 from a once-through steam generator (OTSG)  at Husky’s Pikes Peak South Lloyd thermal project. The pilot plant is planned to be commissioned in the fall of 2018.

ABOUT SVANTE

Svante offers companies in emissions-intensive industries a commercially viable way to capture large-scale CO2 emissions from existing infrastructure, either for safe storage or to be recycled for further industrial use in a closed loop. With the ability to capture CO2 directly from industrial sources at less than half the capital cost of existing solutions, Svante makes industrial-scale carbon capture a reality. Svante’s Board of Directors includes Nobel Laureate and former Secretary of Energy, Steven Chu; former Airbus Group’s Chief Technical Officer Jean Botti; and Ganesh Kailasam, Technical Director of the Oil and Gas Climate Initiative. To learn more about Svante’s technology, mission and people, click here. You can also connect with us on LinkedIn or Twitter @svantesolutions.

For investor inquiries:

Julia McKenna
jmckenna@svanteinc.com
1(778) 985 5722

For media inquiries:

Martin Cej
mcej@longviewcomms.ca
1(587) 319 2828

For printing or downloading a pdf copy of the release: 2017-08-31_VP-Manufacturing.pdf

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“It is empowering to know, given my Alberta heritage, our technology can change the climate impacts of the Alberta oil sands regions and generate significant additional economic benefits.”

Brett Henkel

Co-Founder and Vice President Strategic Accounts & Government Affairs

Brett Henkel’s unabashed optimism tempered by his mechanical engineering background and gas separation experience combine to bring a rare perspective to his position on Svante’s executive team.

Transferring the company’s breakthrough CO2 capture technology to customers’ sites will rely heavily on Brett’s strengths for identifying and understanding the technical and business details and relating those details to partners’ teams, approving agencies, and stakeholders.

As co-founder, he was instrumental in creating the process and the hardware used to prove the technology’s effectiveness as well as mobilizing external support throughout the path to becoming a successful innovation. These experiences strengthened his knowledge of business development and program management priorities.

Prior to launching Svante, Mr. Henkel was the program manager for QuestAir Technologies’ compact hydrogen production system with its partner, ExxonMobil. He is credited with designing the world’s first solenoid-driven rapid pressure swing adsorption test station.

Brett received his Bachelor of Science in Physics, with distinction, and a Mechanical Engineering degree from the University of Victoria.

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