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Walters Power International Adds Business Development, Accounting Staff

Walters Power International Adds Business Development, Accounting Staff

FOR IMMEDIATE RELEASE

Walters Power International Adds Business Development, Accounting Staff

WPI adds Jana Sanders as Director of Accounting; Tim Emrich returns as director of business development

OKLAHOMA CITY (Jan. 22, 2009) -- Oklahoma City-based Walters Power International, a global leader in supplying, developing, servicing and managing electrical generation power plants, announced today the hiring of Tim Emrich as Director of Business Development and Jana Sanders as Director of Accounting.

"Tim is returning to WPI, where he was involved in more than $50 million in transactions from 2002 to 2006, and we're happy to welcome him back," said WPI President David Walters. "Tim will help us increase our visibility in the energy and financial markets and enhance our ability to operate effectively in today's economy."

"Jana comes to us from Chesapeake Energy and brings a great deal of energy-related financial experience to Walters Power International," he said.

Emrich most recently worked as business development manager for United Van Lines in Ft. Collins, Colo. He has been active in state and national politics. He ran for the Oklahoma State Senate in 2006 and served as director of strategic planning for Sen. Joe Biden's 2008 presidential campaign.

From 1998 to 2001, Emrich was deputy director of scheduling for the White House, where he was responsible for executing all public trips and appearances for President Bill Clinton. Emrich was then hired by the Harry Walker Agency in New York, one of the world's top speakers' bureau, as speaker and client relations manager. Here, he managed all speaking engagements for former President Clinton.

Emrich is a graduate of the University of Oklahoma

Since November 2007, Sanders served as corporate accounting coordinator for Chesapeake Energy, where she coordinated the company's accounting staff and was responsible for hedge accounting for natural gas and oil and other accounting-related management, audits and analysis. She was the finance accounting manager for Advanced Financial Solutions from 2005-07. Prior to that, Sanders was the accounting manager for Loves Travel Stops and Country Stores from 1977 to 2005.

She is a graduate of the University of Central Oklahoma.

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