Targeted Microwave Solutions Provides Corporate Update

Targeted Microwave Solutions Provides Corporate Update


Vancouver, British Columbia (FSCwire) - Targeted Microwave Solutions Inc. (CSE: TMS; OTCQX: TGTMF) ("TMS") announced today, upon mutual agreement, the departure of Mr. Steve Sears as chief operating officer of TMS's United States subsidiaries.

Mr. Larry Siegel, chief executive officer, stated, "There will be no change to our commercialization activities, which will continue to be led from our facility in Virginia under the leadership of our chairman Dr. James Young."  TMS would like to thank Steve for his service and wish him well in his future endeavours."

About Targeted Microwave Solutions Inc.

TMS is focused on commercializing its unique, clean-coal upgrading technology, a low-cost microwave technology that reduces moisture in coal resulting in an upgraded energy content of coal. This process is expected to provide significant financial benefits to coal-fired electrical generating utilities such as: cost savings from switching to low-rank coal, increases in boiler efficiencies and heat output, improved ash efficiencies and reductions in scrubber costs. Important environmental benefits such as reductions in greenhouse gases and mercury may also be derived from implementation of TMS's technology. TMS has completed constructing a commercial-scale facility in King William County, Virginia, U.S.A. and has entered into joint ventures for China and India to develop and market its technology.

On behalf of the Board of Directors,

"Dr. James Young"

Chairman of the Board of Directors

For further information, please contact:

Targeted Microwave Solutions Inc.

Telephone: (778) 995 5833 

office@tmsenergy.com

FORWARD-LOOKING STATEMENTS

This news release contains certain forward-looking statements that reflect the current views and/or expectations of TMS with respect to its performance, business and future events. The reader is cautioned that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other factors which are difficult to predict and that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which TMS operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Accordingly, readers should not place undue reliance on forward-looking statements, which are qualified in their entirety by this cautionary statement. Except as required by law, TMS does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.


To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/targetedmicro12312015.pdf
Source: Targeted Microwave Solutions Inc. (CSE:TMS)

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