READING, Pa., Feb. 3, 2011 (GLOBE NEWSWIRE) -- Voyager Petroleum Inc. (Pink Sheets:VYGO) (Frankfurt:DXD), an emerging leader in eco-friendly processing, oil distribution, and specialty recycling programs targeting the automotive service center industry, today announced the engagement of HTP Partners LLC, to advise, consult and participate as an equity holder of Voyager. HTP Partners provides Corporate Advisory and Strategic Business Services to small and medium sized corporations looking for new and innovative growth opportunities. HTP is led by Mr. Warren V. "Pete" Musser, the founder of Safeguard Scientifics and The Musser Group, Howard Lubert, the founder of SafeHatch LLC, a technical due diligence and business acceleration consultancy practice he spun out of Safeguard in 2001, and Thomas R. Smith, a 30 year veteran of Wall Street and the corporate investment banking world.
Mr. Musser, a veteran of the technology and financial industries, has been a leading figure in the business world as both an entrepreneur and chief executive for more than 50 years. As the Founder and Chief Executive Officer at Safeguard from 1953 until 2001, he facilitated the formation and success of some of today's top Fortune 500 companies, including QVC, Comcast, and Novell. Today, Mr. Musser brings his 50+ years of venture and private equity expertise to HTP Partners, advising companies on strategic venture positioning.
"We could not be more pleased that Pete Musser and HTP Partners have chosen to join Voyager to help us implement our new direction and increase shareholder value," said Vincent J. Smith, CEO of Voyager Petroleum. Howard Lubert, the Managing Partner of HTP Partners said, "Voyager is the perfect example of an emerging growth company with significant business opportunities. We are committed to building our long-term relationship with Voyager Petroleum and look forward to working with Vince Smith and his management team."
About Voyager Petroleum Inc.
Voyager () is a publically traded mid market petroleum based brokerage, processor and distributor in an $11 Billion US market. Voyager also participates in the $75 Billion global scrap metals market through wholly-owned subsidiary, Scrap USA, LLC, which provides specialty scrap metal recycling programs to the Automotive Service Center Industry. The Company provides private label and wholesale eco-friendly petroleum based products to end users including small to medium sized fuel blenders and refineries, as well as automotive and manufacturing markets. Voyager strategy has been to build shareholder value through acquisition and growth. The Company seeks target companies that may save costs and generate greater revenue from increased capital expenditures, vertical integration and wider distribution channels.
About HTP Partners LLC
HTP Partners LLC () located just outside Philadelphia, PA, is a full service Corporate Advisory and Strategic Business Services consulting group that provides corporate finance and strategic consulting services to middle market and small market companies as well as exceptional start-up companies located throughout North America and Europe. HTP provides the type of personalized, confidential, and intensive services that the larger, internationally known firms provide to their Fortune 1000 - Global 200 clients but with an innovative and agile approach that is designed to quickly generate results. Our simple philosophy is that, once engaged, we have no clients, only partnerstm. We join your team as senior executives and execute alongside you with the rest of the team. Together we identify, define, test, and execute strategic and financial advisory solutions that provide the value add services our clients expect.
Safe Harbor Forward-Looking Statements
To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.
CONTACT: Vincent J. Smith - CEO Voyager Petroleum Inc. 877-464-5865