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TSXV:EEN TSX Venture Common Stock
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Estrella Announces Appointment of New Chief Financial Officer

09/10/2012 2:39pm

Marketwired Canada


THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR
DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.


Estrella International Energy Services Ltd. (the "Company" or "Estrella") (TSX
VENTURE:EEN), wishes to announce that it has appointed Javier Vedoya as Chief
Financial Officer of the Company. 'Hernan Montoya, the acting interim Chief
Financial Officer will continue with the Company in the role of Vice President
of Finance.  


Mr. Vedoya has two decades of international experience in finance, consulting
and executive management. He has advised clients and businesses in North and
South America, Europe and Australia. He holds an MBA from INSEAD, and Industrial
Engineering Degree from the Instituto Technologico de Buenos Aires. Most
recently, Mr. Vedoya has been an independent M&A and strategy advisor for a
variety of Latin American and Spanish private equity funds. Previously, he was
Chief Financial Officer of Recoletas Diagnostico, a medical imaging and
diagnostic company based out of Spain; Chief Financial Officer MMCinemas, a
private Mexican Film exhibitor; Chief Financial Officer for Primayor Foods, a
subsidiary of Groupo Campofrio, the largest meat processor in Spain. . Mr.
Vedoya is also a former consultant of The Boston Consulting Group. Mr. Vedoya is
fluent in Spanish and English, and has a working knowledge of Italian and
French. 


Statements in this press release may contain forward-looking information. Any
statements in this press release that are not statements of historical fact may
be deemed to be forward-looking statements. Forward-looking statements are often
identified by terms such as "may", "should", "anticipate", "expects" and similar
expressions. Forward-looking statements in this press release include, but are
not limited to, statements with respect to the future business plans, prospects
and services. 


The reader is cautioned that assumptions used in the preparation of any
forward-looking information may prove to be incorrect. Events or circumstances,
such as future availability of capital on favourable terms or the current market
price of oil may cause actual results to differ materially from those predicted,
as a result of numerous known and unknown risks, uncertainties, and other
factors, many of which are beyond the control of Estrella. The reader is
cautioned not to place undue reliance on any forward-looking information. Such
information, although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may differ materially
from those anticipated. Forward-looking statements contained in this press
release are expressly qualified by this cautionary statement. The
forward-looking statements contained in this press release are made as of the
date of this press release, and Estrella does not undertake any obligation to
update publicly or to revise any of the included forward-looking statements,
whether as a result of new information, future events or otherwise, except as
required by securities law.


THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR
DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES,
AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL
ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES
HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES
ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR
SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT
THEREFROM.


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