Basanite strengthens its board of directors

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Add two experienced industry members

POMPANO, FL / ACCESSWIRE / December 20, 2021 / Basanite inc., (OTCQB: BASA) (“Basanite” or the “Company”), a manufacturer of environmentally friendly, high performance composite building materials made from basalt fibers and basalt fiber reinforced polymer (” BFRP ”), today announced that the Company has has appointed two construction industry veterans to its board of directors.

Following the recently signed exclusive supplier agreement with Concrete Products of the Palm Beaches, Inc. (“CPPB”), and a distribution agreement with US Supplies, Inc. (“USS”) announced on December 13e, 2021, Mr. Manuel A. Rodriguez and Mr. Frederick H. Tingberg, Jr. have joined the Basanite Board of Directors.

“We applaud the leadership and industry experience that Manny and Fred bring to our Board of Directors,” said Simon Kay, CEO of Basanite. “They have already had a substantial impact since joining our team. “

Mr. Manuel A. Rodriguez

Since 2004, Mr. Rodriguez has been Senior Director of CPPB and Vice President of USS. In this role, Mr. Rodriguez leads the two companies in their main activities, including the manufacture and distribution of concrete products nationally and internationally, as well as environmental engineering services. Mr. Rodriguez has an intimate knowledge of the construction industry, with practical experience in operations and elements of supply chain management. He is also a master electrician with a career spanning nearly forty years in the construction industry. He has been involved in the senior management of numerous concrete companies, in addition to being a member of numerous industry trade groups. Mr. Rodriguez received a Bachelor of Science in Geology from the University of Florida.

Frederick H. Tingberg, Jr. (M. Tingberg)

Mr. Tingberg is a construction industry executive with extensive experience leading construction and rehabilitation projects. Mr. Tingberg is the President and CEO of his own construction consulting firm, Technicon Consulting Group. Since 1993, Mr. Tingberg has worked for Lanzo Corporation, an infrastructure construction company. First, he held the position of Director of Business Development and, since 2018, he has held the position of Director of Operations, where he oversees underground infrastructure construction project operations, completing more than 20 projects. per year. He directly leads a team of 160 people and is responsible for safety oversight, environmental compliance, proposals, guaranteed tenders, material selection, purchasing, financial controls, budgeting and contracts with strategic partners. Mr. Tingberg holds several state general contractor licenses and received a Bachelor of Science in Materials Engineering from the prestigious Rensselaer Polytechnic Institute in Troy, NY.

About basanitis

Basanite, Inc. (OTCQB: BASA), through its wholly owned subsidiary Basanite Industries, LLC, is a manufacturer and developer of environmentally friendly high performance basalt fiber composite products used in the construction industry. construction. Superior to traditional steel components, durable Basanite products are non-corrosive, lighter, stronger and more durable. For more information, please visit www.BasaniteIndustries.com.

Forward-looking statements

This press release contains “forward-looking statements” which are based on the current expectations and assumptions of the management of the Company at the date of this press release concerning the activities and performance of the Company, its outlook, current factors, economy and other future conditions and forecasts of future events, circumstances and results and are made in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as “believe”, “objective”, “Feel”, “can”, “plan”, “” will “,” expect “,” anticipate “,” estimate “,” intend “,” potential “and similar expressions (as well as d (other words or expressions referring to future events, conditions or circumstances) are intended to identify forward-looking statements. The forward-looking statements contained in this press release involve substantial risks and uncertainties that could cause future results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. All forward-looking statements contained in this press release reflect Basanite’s current analysis of trends and existing information and represent Basanite’s judgment only as of the date of this press release. The actual results (including, without limitation, the anticipated benefits of the exclusive supplier and distribution agreements and of the new members of the board of directors of the Company, as well as the potential for future investment in the Company, each as described herein) may differ materially from current expectations based on a number of factors, many of which are beyond the control of the Company. For a more detailed description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as the risks associated with the Company’s business (including the risk that the Company will continue to operate), please see the Company’s Annual Report on Form 10-K for the year ended December 31, 2020, including, but not limited to, the discussion under “Risk Factors”, which has been filed with the Securities and Exchange Commission on March 31, 2021, as well as other documents filed by the Company with the Securities and Exchange Commission, all of which can be viewed at http://www.sec.gov.

Investor contact
Marc Komonoski

Full communications
Phone: 1-877-255-8483
Email: [email protected]

THE SOURCE: Basanite Industries, LLC

See the source version on accesswire.com:
https://www.accesswire.com/678560/Basanite-Strengthens-Board-of-Directors

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