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Phillips Named President Of Evolution Resources Subsidiary

January 15, 2010 (FinancialWire) — Evolution Resources, Inc. (OTCBB: EVLN), a Texas-based biofuels production company, has named Richard Phillips, former senior vice president of technology for International Paper (NYSE: IP), as president of the company’s wholly owned subsidiary, Evolution Development, LLC.

Evolution Development will hold intellectual property and manage the company’s research and development efforts, according to its parent.

Phillips will continue to be Adjunct Professor of Wood and Paper Science and Executive in Residence at North Carolina State University, Raleigh, North Carolina. Before retirement in 2005, Phillips spent 34 years with International Paper, where he worked on a variety of manufacturing and technical assignments. Texas-based Evolution Resources is a renewable energy company focused on the production of cellulosic ethanol transportation fuels.

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