LAS VEGAS, NV--(Marketwire - Feb 20, 2013) - Matmown, Inc. ("Matmown") (PINKSHEETS: MTMW) (www.Matmown.com)
Matmown, Inc., an energy E&P company with producing oil and gas assets in Texas, announced the appointment of William A. Sawyer as its President and Chief Executive Officer effective on February 18, 2013. Mr. Sawyer brings over 35 years of diverse experience in the energy industry with such firms as, ARCO, Houston Oil & Minerals, and The Superior Oil Company. He is the former President, CEO, and co-founder of Lucas Energy Inc.(a company currently trading on the NYSE) Mr. Sawyer, 64 years of age, has a Bachelor of Science in Chemical Engineering from Louisiana State University in 1970 and his Masters of Business Administration from Southern Methodist University in 1976.
Mr. Sawyer is quoted as saying, "I am extremely pleased to take the reins at Matmown, Inc. and feel that it has the assets, proper structure, and management to become a fundamentally strong company in the public markets."
Former President and CEO, Michael Boyko is quoted saying "I am very pleased to hand over the reins of Matmown to Mr. Sawyer. His experience in leading larger companies is exceptional. It has always been my primary goal to bring in the right people to rapidly develop our mineral assets. Mr. Sawyer brings with him some remarkable abilities, contacts, and a history of success. It has been my pleasure to work with Matmown and its shareholders."
Chairman Alex Portelli said "As a founder of Matmown, Inc., and from its inception, it has always been my goal to be of benefit to the shareholders and to grow the company. I believe that Mr. Sawyer has excellent technical and business skill in the natural resource sector which will allow Matmown to accelerate the development of our assets. In addition, Mr. Sawyer has the proven market success, experience, and drive to bring Matmown to an entirely new level of development. As a company, we are fortunate to have someone of his caliber driving us to our goals."
Matmown is natural resource company focusing on exploration, production and acquisition of various assets through their wholly owned subsidiaries. Matmown, Inc. currently controls mineral assets in South America and central Texas.
For additional news and information on Matmown, contact us at 702.998.9853 or visit
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. As with any projection or forecast, these forward-looking statements and forecasts are inherently susceptible to uncertainty and changes in circumstances, and Matmown is under no obligation, and expressly disclaims any obligation, to update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Actual results may differ materially from the expectations contained herein due to changes in economic, business, competitive, technological, strategic and/or regulatory factors and other factors affecting the operation of the businesses of Matmown.