HOUSTON, TX, Jan. 14, 2014 /PRNewswire/ - Well Power, Inc. (OTCQB:VOELD),- (The Company), is pleased to announce the appointment of Dr. Cristian Neagoe as President and Chief Executive Officer of Well Power Inc.

Dr. Cristian Neagoe is a PH.D. in Theoretical Chemistry, which he earned from the Romanian Academy of Science in 2004. Prior to his current research position at Ecole Polytechnique de Montreal, Dr. Neagoe served as a production manager at Stelian INVEST S.R.L. in Romania from 2004 to 2006. From the period of 2006 to 2010, he subsequently received a Chemical Engineering degree from Ecole Polytechnique de Montreal, where Dr. Neagoe has been a research assistant since August 2013 where he is now currently acting research associate.

In 2010, he accepted an engineering internship at General Electric in Montreal, Canada . Following this internship Dr. Neagoe served as a laboratory instrumentation assistant at Ecole Polytechnique de Montreal from January 2012 to May 2012.

Dr. Neagoe specializes in the design of industrial processes. Specific industrial processes include sizing reactors, distillation and extraction columns, heat exchangers and pumps, as well as mass and energy balance and energy optimisation.

The Company believes Dr. Neagoe educational background, work history, specializations and research focus will be of extreme value as related to the licensed technology and the operations of Well Power Inc.

Dr. Neagoe will also serve as Chief Financial Officer, Corporate Secretary, Treasurer and Director of the Company.

Concurrently with this appointment, Melissa Lopez resigned her positions as President, CEO, CFO, and Treasurer. Ms. Lopez will continue to serve as a member of our board of directors. Imelda Tan resigned her position as Secretary and will continue to serve as a member of our board of directors. The Company would like to thank both Ms. Lopez and Ms. Tan for their valued contributions.

About Well Power, Inc. (the "Company")

Further information on the Company and its filings can be found at www.sec.gov

Forward Looking Statements

Some information in this document constitutes forward-looking statements or statements which may be deemed or construed to be forward-looking statements, such as the closing of the share exchange agreement. The words "plan", "forecast", "anticipates", "estimate", "project", "intend", "expect", "should", "believe", and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve, and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (financial or operating) or achievements to differ from the future results, performance (financial or operating) or achievements expressed or implied by such forward-looking statements. The risks, uncertainties and other factors are more fully discussed in the Company's filings with the U.S. Securities and Exchange Commission. All forward-looking statements attributable to Well Power, Inc., herein are expressly qualified in their entirety by the above-mentioned cautionary statement. Well Power, Inc., disclaims any obligation to update forward-looking statements contained in this estimate, except as may be required by law.

SOURCE Wellpower inc.