Enrichment Technology Company COO Appointed as New CEO

Beaconsfield, England (ots/PRNewswire) -

The Board of Directors of Enrichment Technology Company (ETC) is
pleased to announce the appointment of Reinhard Hinterreither as the
new Chief Executive Officer (CEO) of ETC and Benjamin Fremaux as his
successor as Chief Operating Officer (COO) of ETC effective 1 January
2013.

Reinhard Hinterreither replaces Guillaume Dureau who joins the
AREVA Group where he has been appointed as Senior Executive Vice
President of the Front End Business Group, in charge of Chemistry,
Enrichment and Fuel Activities for AREVA.

"I would like to thank Guillaume for his significant contribution
in bringing ETC to its current stage of development," says Joel
Pijselman, Chairman of the Board of Directors of Enrichment
Technology Company. "Under his leadership the company has realised
significant strategic changes and established major improvements in
the delivery of enrichment capacity." Looking to the future, Joel
Pijselman adds: "The Board is delighted that Reinhard has agreed to
take on the leadership role of ETC and that Benjamin has joined
Enrichment Technology as the new COO. Reinhard's extensive experience
in the nuclear and broader energy industry will ensure the execution
of the strategic and operational mission of the company. With
Reinhard and Benjamin we are confident we will be successful in the
next phase of our business strategy."

Hinterreither has been the Chief Operating Officer of Enrichment
Technology since May 2010. Before joining ETC Reinhard served as
President and CEO for Louisiana Energy Services LLC (URENCO USA)
between 2006 to 2010, leading the successful licensing, design, safe
construction and operational readiness of the first centrifuge
enrichment facility in the United States based on ETC technology.
Previous to that he held a number of senior management positions at
URENCO Limited. He joined URENCO from Texas based Reliant Energy,
where he served in management positions in strategic planning, risk
management and business development in the USA and Europe. He holds
an MBA from Texas A&M University and also has a Masters Degree in
Technical Physics from an Austrian University.

Fremaux, who joins ETC from the AREVA Group, has held the position
of Senior Executive Vice President, Strategy, Mergers and
Acquisitions of AREVA since 2011 and was also Secretary to the AREVA
Executive Management Board. Previous to AREVA Fremaux was appointed
in 2008 as technical advisor to the cabinet of the French Minister of
Economy, Industry and Employment, first on tax policy and
subsequently on sustainable economic development. He began his career
as head of the Industrial Development and Energy Division of the
Languedoc-Roussillon DRIRE and the regional Prefect's program officer
for research and economic development. Fremaux is a graduate of Ecole
Polytechnique and holds the rank of Ingenieur in the Corps des Mines.

Enrichment Technology is an innovative high-technology company
delivering uranium enrichment plants to its customers. In these
facilities our unique ultra gas centrifuge technology is used to
enrich natural uranium for energy generation in nuclear power plants.
As a market leader our technology currently covers 45% of the world
market. Today Enrichment Technology operates 8 sites in 5 countries:
Germany, France, the Netherlands, United Kingdom and USA.

ots Originaltext: Enrichment Technology UK Ltd.
Im Internet recherchierbar: http://www.presseportal.de

Contact:
Frank Terhorst, Group Manager Communications,
+31(0)546-54-5607 / +31(0)6-20609701, info@enritec.com