AEGY Retains Corporate General Counsel

LOS ANGELES, May 28, 2013 /PRNewswire/ -- Alternative Energy Partners, Inc. (OTCBB: AEGY) today announces that it has appointed Jeffrey Benz, a corporate legal expert and experienced senior executive with substantial sports, entertainment, technology, and public company experience, as its contract General Counsel.  The Company also announces the relocation of its corporate offices to Los Angeles, California.

"We are so pleased to have Jeff agree to join our team as we continue to advance our business of providing ancillary services to the medical marijuana space," said Mario Barrera, President of AEGY. "Jeff's broad experience and background, and his legal leadership skills, particularly with public companies and most recently with SK3 Group, Inc. in the medical marijuana space, are well suited to our needs as we move our company to the next level.  In the interests of transparency, we wish to make clear that Jeff will continue his roles assisting both AEGY and SK3 Group, Inc., as contract general counsel." 

Jeff Benz has broad experience as a senior executive, lawyer, and entrepreneur in entertainment, sports, licensing, intellectual property, and technology. He has been a trusted advisor to a variety of companies, both private and public, and has advised a number of high profile executives. Among other things, Mr. Benz was the General Counsel and head of business and government affairs for the United States Olympic Committee, AVP Pro Beach Volleyball Tour, and a variety of private companies in sports, entertainment (television, film, and online), and technology (mobile phone applications, computer software and hardware, and medical devices), and has lead high profile legal and operational functions in a wide array of industries, including internationally.

Mr. Benz has BA and MBA degrees from the University of Michigan and a JD from the University of Texas.  Mr. Benz is also an accomplished, and certified, arbitrator and mediator with substantial experience in a wide variety of commercial disputes.

About AEGY

AEGY had recently signed a definitive agreement to acquire both PharmaJanes^™  and Simple Prepay^™ .  PharmaJanes^™ is an on-line and smart phone ordering platform allowing medical marijuana patients to order, process and pay for their authorized needs, in a simple, safe and secure ordering and payment interface.  Simple Prepay^™ is a merchant payment solution developed to offer dispensaries, collectives, and delivery services of medical cannabis a convenient payment solution.  

Safe Harbor Statement

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes", "expects", "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. This news release speaks as of the date first set forth above and no responsibility or obligation may be assumed or exists to update the information included herein for events occurring after the date hereof.

Contact:
Mario Barrera
[email protected]

SOURCE Alternative Energy Partners, Inc.

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