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Jim Schofield Joins Recaptured Energy Technologies

CHICAGO, Illinois – October 14, 2008 – Jim Schofield has joined Recaptured Energy Technologies as vice president of business development, according to Sam Jones, president of Recaptured Energy Technologies. In this position, Schofield will be responsible for the sales and business expansion functions of the company.

“We are very pleased to have Jim as part of our management team,” said Jones. “He has extensive experience in sales and business development as well as an in-depth knowledge of fuel optimization that will prove to be invaluable as we seek to expand the application of our unique energy solutions for fleet, commercial and transit vehicles.”

Prior to joining Recaptured Energy, Schofield served as vice president of national operations for Grubb & Ellis Company. He is a veteran business development management professional with 16 years of experience in successfully expanding organizational market presence, improving profitability and enhancing customer satisfaction.

Recaptured Energy has developed a unique hydraulic braking and propulsion system that captures wasted brake energy and converts it to an auxiliary source of energy to power the vehicle. The result is lower emissions, less engine maintenance and, most importantly, reduced fuel consumption. Because the system is designed to be retrofit to existing vehicles, there is no need to purchase new vehicles that may not provide anticipated fuel economy.

About Recaptured Energy Technologies

Headquartered in Chicago, Recaptured Energy Technologies (RET) is a leader in providing energy solutions for fleet, commercial and transit vehicles. Incorporating cutting-edge technology and manufacturing, RET helps corporations, government agencies and fleet managers improve fuel economy, reduce emissions and lower vehicle maintenance costs through energy optimization. For more information, call 312-214-7266.

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