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HyOrc Appoints Andrea Magalini to Board, Achieves Key ISO Certification

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HyOrc Corporation (OTC: ASPZ), a clean energy technology company, has announced two significant developments. First, Andrea Magalini has joined as Non-Executive Director, bringing extensive experience from Turboden (Mitsubishi Heavy Industries) and McKinsey & Co. in OEM leadership and industrial product commercialization.

The company has also achieved three ISO certifications for Quality Management (9001:2015), Environmental Management (14001:2015), and Occupational Health and Safety (45001:2015). Additionally, HyOrc has filed a PCT application for its vertical combustor, expanding its global IP coverage for hydrogen engine technology.

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Positive

  • Appointment of experienced executive Andrea Magalini to Board with significant OEM and industrial scaling expertise
  • Achievement of three key ISO certifications validating operational excellence and safety standards
  • Expansion of global IP protection through PCT application for vertical combustor technology

Negative

  • None.

HOUSTON, June 25, 2025 (GLOBE NEWSWIRE) -- HyOrc Corporation (OTC: ASPZ), a clean energy technology company advancing advanced green methanol production systems, and hydrogen-based combustion systems for transport & off-grid power, is pleased to announce that Andrea Magalini has officially joined the Board of Directors as a Non-Executive Director.

Andrea brings deep international experience in OEM leadership, industrial product commercialization, and global scale-up strategy. As the former General Manager of Turboden (a Mitsubishi Heavy Industries group company) heat generation business unit and with over a decade as global sales leader at the same company and strategic management consultant at McKinsey & Co., Andrea's appointment marks a major step as HyOrc enters its commercialization phase.

“We’re thrilled to welcome Andrea to the Board,” said James McNaught-Davis, Chairman of HyOrc. “His global track record in scaling clean technologies and forging industrial partnerships will be invaluable as we prepare for manufacturing ramp-up and global deployment.”

HyOrc is also proud to announce that its R&D and manufacturing operations have successfully passed external audit and are now fully certified under the following international standards:

  • ISO 9001:2015 – Quality Management Systems
  • ISO 14001:2015 – Environmental Management Systems
  • ISO 45001:2015 – Occupational Health and Safety Management Systems

These certifications represent a critical milestone in HyOrc’s journey, affirming its operational excellence, environmental stewardship, and worker safety — key pillars for strategic customers, EPC partners, and institutional investors.

Additional Milestone: HyOrc recently filed a PCT application for its vertical combustor, broadening global IP coverage for its patented hydrogen engine platform. This innovation underpins HyOrc’s locomotive, PAYG power, and green methanol systems — enabling high-efficiency, multi-fuel energy solutions across multiple sectors.

HyOrc Green Methanol

About HyOrc Corporation
HyOrc Corporation (OTC: ASPZ) develops and commercializes advanced waste to methanol systems, and hydrogen combustion engines for rail, maritime, and distributed power. Backed by a growing patent portfolio and ISO-certified operations, HyOrc’s mission is to decarbonize hard-to-abate sectors without subsidy reliance.

HyOrc has 728.19 million shares issued and outstanding with 26.30 million shares at DTC.

Contact:
Laura Donohoe
Investor Relations
laura@hyorc.com
www.hyorc.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/15b65587-19c2-40c7-b562-aea71f2f92a4


FAQ

Who is Andrea Magalini and what is his role at HyOrc (OTC: ASPZ)?

Andrea Magalini is HyOrc's new Non-Executive Director, bringing experience as former General Manager at Turboden (Mitsubishi Heavy Industries) and strategic management consultant at McKinsey & Co.

What ISO certifications did HyOrc (ASPZ) receive in 2025?

HyOrc received three ISO certifications: ISO 9001:2015 (Quality Management), ISO 14001:2015 (Environmental Management), and ISO 45001:2015 (Occupational Health and Safety).

What is HyOrc's (ASPZ) latest patent development?

HyOrc filed a PCT application for its vertical combustor technology, expanding global IP protection for its hydrogen engine platform.

What products does HyOrc (OTC: ASPZ) develop?

HyOrc develops advanced green methanol production systems and hydrogen-based combustion systems for transport and off-grid power applications.
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