MMC Energy, Inc. Announces the Appointment of Dr. Peter W. Likins to the Board of Directors

Geschrieben am 24-08-2006

New York (ots/PRNewswire) -

MMC Energy, Inc. (OTC Bulletin Board: MMCN.OB) today announced the
election of Dr. Peter Likins to the MMC Board of Directors of the

Dr. Likins was appointed as the 18th president of The University
of Arizona on July 22, 1997 and retired at the end of the 2005-6
academic year. Previously, he was the president of Lehigh University
for 15 years.

Dr. Likins was a charter member of the NCAA Presidents Commission
and currently serves on the NCAA Division I Board of Directors. He is
chairman of the Presidents' Committee on the Future of College Sports
and was recently appointed to the joint NCAA/USOC Task Force to study
the decline in Olympic sports at the collegiate level.

Dr. Likins is a member of the boards of the University Medical
Center in Tucson and the Udall Foundation in Washington, D.C. He
serves on the executive committee of the Greater Tucson Economic
Council and on the board of the Southern Arizona Leadership Council.

Dr. Likins has served on a number of other national and
international advisory boards, including the White House Advisory
Committee on the Health of Universities and the President's Council
of Advisors on Science and Technology. He was a member of the
Pennsylvania Governor's Economic Development Policy Board and the
Arizona Governor's Task Force on Higher Education, as well as the
Arizona State Board of Education.

Dr. Likins also serves on the board of Consolidated Edison Co.,
New York City.

Prior to his tenure as president of Lehigh, Dr. Likins was provost
of Columbia University, where he had earlier served as a professor
and dean of the School of Engineering and Applied Science. Before his
six years at Columbia, he was a member of the faculty at UCLA for 12
years. He advanced through the ranks and was honored several times
for distinguished teaching.

Likins earned a bachelor's degree in civil engineering at
Stanford, a master's degree in the same subject at the Massachusetts
Institute of Technology and a doctoral degree in engineering
mechanics at Stanford.

"We are very pleased to announce the addition of Pete Likins to
the MMC Board of Directors. Pete has deep credentials in the Western
US and will be a tremendous resource for MMC with as it continues to
focus on acquiring deep value and earnings accretive energy assets
for our shareholders. We welcome Pete's breadth of industry knowledge
and financial an engineering acumen," said Karl Miller, Chairman and
Chief Executive Officer of MMC.

"Pete will be a member of the compensation, audit and governance
committees. The addition of Pete is another key milestone in our
effort to develop a highly qualified Board with extensive energy
industry expertise", Miller added.

Dr. Likins joins the current Board of Directors of MMC composed of
MMC executives, Karl Miller (Chairman of the Board and CEO), Martin
Quinn (President and COO), Denis Gagnon (CFO), George Rountree, III
(Lead Independent Director), and Mike Hamilton (Independent

About MMC Energy, Inc.:

MMC is an energy acquisition company, which primarily acquires and
operates critical power generation and associated energy
infrastructure assets. The company is headquartered in New York City
and traded on the NASDAQ OTC Exchange in the United States and the
Deutsche Borse in Germany.

The Company creates long-term value for its shareholders through
deep discount asset acquisitions and hands on post- acquisition asset
management. The Company currently owns power generation assets in
Southern California and is pursuing an aggressive portfolio
acquisition and growth strategy targeting power generation facilities
and energy infrastructure assets primarily in California, Texas,
Mid-Atlantic, and the Northeastern U.S.

Additional information concerning MMC Energy is available at

Forward Looking Statements:

This press release contains 'forward-looking statements' within
the meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, including
without limitation those statements regarding the Company's ability
to expand existing generating facilities and exploit acquisition
opportunities. These statements are expressed in good faith and based
upon a reasonable basis when made, but there can be no assurance that
these expectations will be achieved or accomplished. Although the
forward-looking statements in this release reflect the good faith
judgment of management, forward-looking statements are inherently
subject to known and unknown risks and uncertainties that may cause
actual results to be materially different from those discussed in
these forward-looking statements including, but no limited to, our
inability to generate sufficient operating cash flow to adequately
maintain our generating facilities and service our debt, commodity
pricing, intense competition for undervalued generating assets,
environmental risks and general economic conditions. Readers are
urged not to place undue reliance on these forward-looking
statements, which speak only as of the date of this release. We
assume no obligation to update any forward-looking statements in
order to reflect any event or circumstance that may arise after the
date of this release, other than as may be required by applicable law
or regulation. Readers are urged to carefully review and consider the
various disclosures made by us in the our reports filed with the
Securities and Exchange Commission, including those risks set forth
in the Company's Current Report on Form 8-K filed on May 15, 2006,
which attempt to advise interested parties of the risks and factors
that may affect our business, financial condition, results of
operation and cash flows. If one or more of these risks or
uncertainties materialize, or if the underlying assumptions prove
incorrect, our actual results may vary materially from those expected
or projected. We undertake no obligation to update these
forward-looking statements.

Web site: http://www.mmcenergy.com

ots Originaltext: MMC Energy, Inc.
Im Internet recherchierbar: http://www.presseportal.de

Denis Gagnon, Chief Financial Officer of MMC Energy, Inc.,
+1-212-977-0900, dgagnon@mmcenergy.com


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