ASX ANNOUNCEMENT Soil Sub Technologies Appoints New Managing Director Soil Sub Technologies Limited (ASX:SOI) is pleased to announce the appointment of Mr Terence Timms as the Managing Director of the Company. Mr Timms, who has been serving as a non-executive director on the board of Soil Sub Technologies, will take up the role of Managing Director from 12 September 2008. Mr Timms is currently Chairman of the Timms Cho Group Limited, a company with extensive interests in China. Soil Sub Technologies Chairman, Mr Graeme Scott said that, “Mr Timms’ wealth of global experience means he is very well placed to provide the Company with great insight into industry-related issues and the management requirements of the Company”. “Mr Timms has had a close association with Soil Sub Technologies over the past few years and has been instrumental in helping us to forge our strong and fruitful relationships in China. He will be an excellent leader for Soil Sub Technologies as we work towards the delivery of some critical business milestones over the coming months,” Mr Scott said, Previously, Mr Timms was the Asia Pacific Vice President for Operations of Mincom Limited, which is Australia’s largest provider of specialist services to global mining. Mr Timms has had extensive executive mining experience throughout Australia, South America, South Africa, Chile and the US working with companies such as BHP Billiton, Western Mining Corporation, and Rio Tinto. Mr Timms brings to the Company extensive experience in project management, strategic business assessments, business continuity planning, and international business relations. Mr James Callianiotis will take up the newly established role of Marketing Director. Mr Scott said Mr Callianiotis has had many years experience in strategic market planning and new market penetration. “The Board thanks James for his contribution to Soil Sub Technologies to date. This new role will play to his strengths and, in this capacity, I’m certain that he will play a large part in achieving the Company’s objectives in the earliest possible time” he said. Mr Callianiotis will remain on the Board as an Executive Director. About Soil Sub Technologies Limited: Soil Sub Technologies Limited has developed intellectual property rights including patents enabling it to manufacture and market, a highly water retentive, nutrient efficient fully organic growing medium product under the brand name “NutriMix®”. NutriMix® is manufactured from renewable waste resources produced by the processing of other agricultural products which are available in abundance in many parts of the world. The efficacy of NutriMix® has been shown in independent international trials, while the commercial utility has been demonstrated in the Company’s first licence agreement in June 2007 for the use of the product in a Chinese government sponsored bio-diesel project in the Jiangxi Province. For more information, contact Graeme Scott, Chairman Soil Sub Technologies Limited Suite 18, 30 Park Road Milton Qld 4064 Telephone +61 (0) 7 3368 3557
SOI Price at posting:
28.0¢ Sentiment: None Disclosure: Held
