ProOne Inc. Adds Three New Members

Houston, Texas, June 3, 2013 – ProOne Inc., announces today the addition of three new members to their Texas sales team – Ned Russell, Mark J. Charette and Robert Slater.

Ned Russell comes to ProOne with over 25 years of experience in sales development and management and will be based in the Odessa office. Russell was recently employed by National Oilwell Varco as a Permian Basin Sales Account Representative where he managed drilling contractors for NOV and helped to introduce ProOne in the Permian. Russell will take the role of Sales Director, working closely with NOV to expand ProOne’s presence in the Permian Basin.

When asked about Russell’s accomplishments, Elton Alderman, CEO of ProOne said “We are very pleased to have Ned on board. His addition to the ProOne team further proves our commitment to provide our customers with outstanding service. In addition, Ned’s overall knowledge and experience will play an integral part in establishing our position in the Permian and reaching our sales goals.”

Mark Charette, based in the Houston office has over 30 years’ experience in the oil industry as a Senior Fluids Engineer. He is recognized not only for having a vast knowledge in developing creative solutions to drilling and completion challenges but also for his strong sales & business development background in senior positions with companies such as Occidental Petroleum, Halliburton/Baroid and Katch Kan. With both land and offshore experience, Charette has worked throughout Texas and Oklahoma as well in the Gulf of Mexico, South America, Asia and Africa.

Charette talked about what prompted him to join ProOne “In thirty plus years in the oil field, I’ve never seen a product perform like this and the industry needs to know about this technology.’’

Robert Slater comes to ProOne with 20 years in outside sales management experience. His track record clearly demonstrates his ability to deliver and exceed positive sales results. As a field specialist with MS Energy, one of the leading independent directional services company, he has applied knowledge in various Downhole tools, technology and operational planning. Slater, who played as a Defensive Tackle in the NFL in the 1980’s, resides in Tulsa, Oklahoma. Slater was quoted as saying “I’m excited to be a part of a company that is making a difference environmentally. Every oil and gas company should be using ProOne because it saves them money by reducing drill time and does away with the need to use toxic products.”

ProOne Inc. was established in 2007 and manufactures an industrial line of high film strength, earth-friendly lubricants able to withstand extreme pressure and heat. With over 50 times the film strength of conventional lubricants, ProOne’s proprietary XPL+® technology takes lubrication to the next level. It is environmentally friendly and can reduce costs for drilling companies by reducing torque and drag, increasing ROP, and reducing costs to mitigate the environmental impact of drilling fluids. ProOne Downhole Drilling Fluid Treatment is biodegradable and made with plant oils.

About ProOne:

Based in Orange County, California, ProOne, Inc. (ProOne), the operating division of ProOne Holdings, Inc., is in the business of developing and marketing high-performance, cost-effective, lubricants and fuel products for commercial, industrial and retail customers. ProOne produces the most advanced and effective drilling lubricant in the world. Approved for use by major drilling fluid suppliers, ProOne provides the drilling fluid through distributors worldwide. All lubricants in the ProOne family, including the revolutionary drilling fluid, is engineered with the proprietary XPL+® technology. The products are proprietary formulations based upon metallurgical and molecular science that reduce friction substantially better than other products in the market, with over 50 times the film-strength of conventional lubricants. For additional information on ProOne visit


Corporate Contact: Lawrence Kahn
VP and General Manager
ProOne, Inc.

Press Contact: Robert Neumann
Public Relations for
ProOne, Inc.
(832)482-0010 x10

Statements contained in this news release, aside from those identifying historical facts, are ‘forward looking statements’ within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company’s future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.