FOR IMMEDIATE RELEASE
Peter A. Mantas President and CEO of SpillGuard Technologies Resigns
Benicia, California – March 30, 2012 - SpillGuard Technologies, Inc. (SGT, Inc.) (www.sgtinc.com),the leading provider of green innovative end-to-end spill prevention solutions for the fuel movement and petrochemical industry waves goodbye to Peter A. Mantas, its President and CEO. The Board of Directors received Mantas' resignation effective March 30, 2012.
“It has been an enormous opportunity and privilege to have led SpillGuard since its founding in 2003,” said Mantas. “I am extremely proud of our success as well as our efforts in positioning the company to take advantage of future opportunities. In leading the charge, I have always maintained an unwavering focus on value creation not only for the company but equally for our customers and partners.”
Mantas continued, “It is difficult for anyone to close a chapter in their life, but as one door closes, another awaits its opening. I am eager to explore my next challenge. I will miss working with the talented team and family of SpillGuard and firmly believe the company's best days lie ahead.”
"Peter's leadership has been invaluable over the past nine years as the company has undergone a successful transformation from an idea to a reality," said Mr. Gardner, Director of the Board at SpillGuard. "We wish Peter the best in the next phase of his career."
The Facts About SpillGuard’s Technology
The firm’s technology, the GuardDog™ has quickly become the industry's de facto standard for spill prevention. Developed from the ground up to protect lives, the environment, and security, the GuardDog's patented design continuously monitors from 1 to 8 loading or transfer streams per unit. Built with the future in mind, its innovative design is compliant with the American Petroleum Institute's (API) RP1004 requirements, streamlines operations, dramatically reduces the risks of spills, detects leaks, and even detects attempted product theft.
Under normal conditions, The GuardDog is silent until it detects a catastrophic valve failure. Springing to action, the GuardDog pre-empts spills by automatically shutting down pumps; closing storage tank base valves and locking out the loading operation while alerting management personnel of the problem and providing an opportunity for investigation. The GuardDog empowers management with complete control -- not allowing loading to continue or resume until management determines it is safe to load again by initiating a keyed system reset switch.
Impressively flexible, the GuardDog is easily integrated into the Terminal Management System at tank truck, rail car, commercial and military aviation refueling and marine ship and barge loading operation facilities. A typical configuration requires only one "GuardDog" unit per load lane. The unit works in concert with SpillGuard's Pump & Valve Controller and other existing safety components and emergency shutdown circuits to provide a fail-safe mechanism for stopping flow when a valve failure is detected.
SpillGuard Technologies, Inc., is the leader in green spill prevention technologies, and dedicated to providing spill prevention solutions to the petroleum and petrochemical industries. The company develops unique solutions that overcome human error and equipment failures. Designed to protect lives, the environment and assets, SpillGuard's core product the GuardDog is quickly becoming the de facto standard in spill prevention technology. The GuardDog was built from the ground up to meet future industry specifications like the American Petroleum Institute's (API) RP 1004, Section 5, titled Independent Secondary Shutoff Control Systems (SSC) associated with bottom loading tanker vehicles.