Basanite Retains Construction Engineering Expert Fred Tingberg Jr. as Chief Technology Officer – Yahoo Finance


POMPANO Seashore, FL / ACCESSWIRE / June 1, 2022 /Basanite Inc.(OTCQB:BASA) (“Basanite” or “The agency”), a producer of environmentally nice, extreme-efficiency composite enchancment supplies Produced from basalt fiber and basalt fiber-strengthened polymer, introduced that it has retained enchancment engineering professional Fred Tingberg Jr. as Chief Know-how Officer.

Basanite Industries, Wednesday, June 1, 2022, Press launch picture

Leveraging over 25 yrs of expertise Inside The enchancment enterprise, Mr. Tingberg will take A quantity one position in advancing The agency’s product enchancment, gross sales, facility and product certification packages, As properly as To Making sure The agency’s adherence To various authorities constructing codes and enchancment legal guidelines.

Mr. Tingberg joined Basanite in December 2021 as a member of The agency’s Board of Directors And shortly thereafter started taking an lively position in aiding Basanite. So far, his efforts have facilitated Basanite’s securing of contracts and specs Similar to Bahamian authorities approval of The agency’s basalt fiber-strengthened polymer in structural and seawall purposes, and Broward County’s Utility Technical Consider Committee approval for Using Basanite merchandise in native infrastructure reinformationrcement tasks. Mr. Tingberg Can additionally proceed in his position as board member.

“From every facet of our basalt manufacturing course of, to developments in enchancment and concrete composition, technology Is An monumental factor of our enterprise,” Basanite President and CEO Simon Kay said. “Fred’s extreme-diploma beneathstanding of simply how a lot manufacturing and engineering have modified In current occasions makes him a trusted asset in consulting with our consumers on The biggest Method to biggest get Their very personal jobs carried out. We’re very grateful for his efforts to date and are excited to see him in movement On this new position.”

Mr. Tingberg, a supplies engineer, has over 25 yrs of expertise main enchancment operations, capital planning, enchancment and engineering administration. A printed technical author, he has developed and patented a quantity of enchancment-associated merchandise.

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He additionally holds enchancment-associated licenses in Florida, Arizona, Georgia, Louisiana, and South Carolina, and is a member of the North American Society for Trenchless Know-how, American Water Works Affiliation, American Public Works Affiliation, Underground Construction Know-how Worldwide and the Nationwide Affiliation of Sewer Service Corporations.

Mr. Tingberg earned his Bachelor of Science diploma in supplies engineering from Rensselaer Polytechnic Institute.

Mr. Tingberg will current providers to Basanite in a consulting performance. Further particulars relating to this association Shall be made out there in a Type 8-K to be filed by The agency with the U.S. Securities and Commerce Fee.

About Basanite
Basanite, Inc. (OTCQB:BASA), by way of its wholly personaled subsidiary Basanite Industries, LLC, is a producer and developer of A selection of environmentally nice, extreme-efficiency basalt fiber composite merchandise Utilized by The enchancment enterprise. Superior to conventional metallic parts, Basanite’s sustainable merchandise are non-corrosive, lighter, stronger and longer lasting. For extra information, please go to

Cautionary Notice Regarding Forward-Wanting Statements
This launch inagencys “forward-looking statements,” That are based mostly on Company administration’s current anticipateations and assumptions as of the date of this press launch relating to The agency’s enterprise and efficiency, its prospects, current factors, the financial system, and completely different future circumstances and forecasts of future occasions, circumstances, and outcomes, and are made pursuant to the protected harbor provisions of the Private Securities Litigation Reform Act of 1995. Phrases Similar to “think about,” “objective,” “really feel,” “might,” “plan,” “will,” “anticipate,” “anticipate,” “estimate,” “intend,” “potential” and comparable expressions (As properly as to completely different words or expressions referencing future occasions, circumstances or circumstances) are meant to decide forward-looking statements. Forward-looking statements On this press launch contain substantial hazards and unsureties That would set off future outcomes, efficiency or achievements To vary significantly from these expressed or implied by the forward-looking statements. All forward-looking statements On this press launch mirror Basanite’s current evaluation of current tendencies And information and recurrent Basanite’s judgment solely as of the date of this press launch. Exact outcomes (collectively with, with out limitation, the actual outcomes of Mr. Tingberg’ association with The agency) might differ materially from current anticipateations based mostly on Pretty A pair Of issues, Lots of That are past The agency’s administration. For An additional description of The hazards and unsureties That would set off actual outcomes To vary from these expressed Inside these forward-looking statements, As properly as to hazards Referring to the enterprise of The agency (collectively with The hazard of The agency persevering with as a going concern), please see The agency’s Annual Report on Type 10-K for the yr ended December 31, 2021, collectively with however not restricted to the dialogue beneath “Danger Factors” therein, which was filed with the U.S. Securities and Commerce Fee on April 15, 2022, As properly as to The agency’s completely different filings with the Securities and Commerce Fee, all of Which Might Even be seen at

Investor Contact
Mark Komonoski
Integrous Communications
Telephone: 1-877-255-8483
E-mail: [email protected]

Supply: Basanite Industries

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