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Scio Diamond Technology Corporation Appoints A New Chief Operating Officer

Stocks in this article: SCIO

GREER, SC, Oct. 12, 2011 /PRNewswire/ - (OTCBB: SCIO) SCIO DIAMOND TECHNOLOGY CORPORATION is pleased to report that the company has appointed a new COO. Mr. Michael McMahon has been appointed new COO of Scio Diamond Technology Corporation.

Michael W. McMahon joins Scio as COO, with 35 years of executive experience in operations and business development of fortune 100 companies such as Fluor and Jacobs, Dupont, GE, Federal Express, Boeing, Coors, Frito Lay, Fujitsu, AT&T, BASF, and B.F Goodrich . Throughout his career he has been responsible for over $19B of engineering, construction, startup and commissioning of facilities worldwide primarily serving clients in the high tech industry, DOE and DOD.  He has compiled a record of personal achievement in project turnarounds, business development, process controls & improvements, startups, joint ventures, mergers & acquisitions and profit improvement initiatives.  He recognizes issues vital to organizational success and then focuses his team on overcoming all obstacles to progress.  His management skills are complemented by a talent for translating creative thought into an actionable strategies and his ability to recognize, communicate and keep his teams focused on the core issues at hand.

He will report to the firm's chief executive officer, Mr. Joseph Lancia and will be based at the company's manufacturing facility and headquarters in Greer, SC.

In making the announcement, Mr. Joseph Lancia, CEO of Scio said: "We are very pleased to have Michael join the Management team at Scio. His responsibilities will include the execution of our corporate strategy by leveraging his extensive experience and deep industry knowledge to meet the present and future needs of Scio."

Michael comments, "I look forward to joining the Scio team. Scio's ability to manufacture diamonds to that meet the needs of the market and its portfolio of large advanced stage projects involving diamond use in technology is very exciting and I look forward to contributing to this goal."

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