Synthesis Energy Systems Strengthens Operational Capabilities - Quick Facts

(RTTNews) - Synthesis Energy Systems, Inc. (SYMX) Monday announced that its Board of Directors is strengthening the company's operational capabilities by putting more experienced and high level resources to accelerate and improve financial performance of its multiple global initiatives, including distributed power, DRI steel and Chinese joint ventures.

"We believe this realignment brings new capability to SES. Executive leadership on the ground, combined with an increased vigor in financial creativity and structuring, will position the company to drive financial results," said Robert Rigdon, president and CEO.

Charles Costenbader, who joined the company as Chief Financial Officer in September 2013, will now focus on SES operations as Chief Operating Officer. Roger Ondreko, who joined SES in May 2014 as Chief Accounting Officer and Corporate Secretary, will be given additional financial responsibilities serving as Chief Financial Officer and Corporate Secretary. Both Costenbader and Ondreko will report to Rigdon.