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InfoSpi Appoints New Chief Operating Officer to the Board of Directors

FORT LAUDERDALE, Fla., March 18 /PRNewswire-FirstCall/ -- InfoSpi (OTC Bulletin Board: ISPI) announced today the appointment of Mr. Ashley Hollington, BSc (Hons) to the Board of Directors as Chief Operating Officer.

Mr. Hollington has over 30 years in the construction industry in which he has held senior positions with project costs well in excess of $300 Million. Strategic implementation, procedures/processes and operational requirements together with contractual and financial responsibility represent his main areas of experience. More recently he has been directly focused in the Water Sector, specifically Sewer plants and grey water infrastructure. Chris Hamilton, CEO said that "having Ashley on board is a significant step in the right direction for the company. His knowledge of contract management and the sewer business will enhance our ability to roll out the 'sludge to oil' project".

Educated in the United Kingdom, graduating with a BSc (Hons) Quantity Surveying, Ashley is a member of the Royal Institution of Chartered Surveyors.

Safe Harbor Statement

This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of InfoSpi Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

SOURCE InfoSpi

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Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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