|John Bernander, through his Company Tophdal
AS, has offered managerial support and has been key in the commercialization of
the Company through negotiating several important Testing- and Partnering
The field testing of the CraftEngine now
being performed, will be followed closely and with the aim of establishing
distribution, licensing or other long term commercial relations with major
companies with a strong market presence and placing power. For this purpose it
has been agreed that Tophdal AS and John Bernander will focus on these future
commercial relations and offer financial advisory services to the Company as and
when required by its Management Team.
To allow the most efficient use of personnel
and administrative resources Mr Tor Hodne will assume responsibility as Managing
Director of Viking Heat Engines AS as soon as possible, and no later than 1
March this year. John Bernander will from the same time be a Director of the
Company and serve as an advisor to the Management.