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Fero Industries Appoints Lopez as President
Date:9/1/2011

CALGARY, Alberta, Sept. 1, 2011 /PRNewswire/ -- Fero Industries, Inc. (OTCQB: FROI) (the "Company") is pleased to announce the appointment of Luis Manuel Ornelas Lopez to the position of President.  Mr. Lopez replaces Kyle Schlosser, who had served as Company President and CEO since 2007.

Mr. Lopez is currently the Chief Operating Officer of the Company and the Managing Director of Pharmaroth Latin America S.A. de C.V. (the 98% owned Fero Industries operating subsidiary in Mexico) and a member of the Board of Directors of Fero Industries since September of 2010.

In this expanded role, Mr. Lopez will be tasked with developing and executing the Company's global business development strategy in addition to his current operational responsibilities related to all aspects of Sucanon® production, sales, marketing, and distribution.  

"I am delighted to have been given the opportunity and responsibility to become even more involved with the global development and direction of the Company and Sucanon®," said Mr. Lopez, President and COO of Fero Industries.  "The successful launch and marketing of Sucanon® in Mexico and continued positive patient feedback affirms my belief that both Fero and Sucanon® are well-positioned to quickly expand on a global scale to improve the lives of millions of type-2 diabetes sufferers worldwide."

Prior to his involvement with Sucanon®, Mr. Lopez worked for four years as the Commercial Manager of an established Mexico City based pharmaceutical and medical manufacturing company.  Mr. Lopez is a recognized teacher and lecturer at the University and Post Doctorate level, current teaching at Anahuac Sur University and the University of London in Mexico.  He received his Master's in Business Administration (2008) and a Law Degree (1999) from the Business University ISEC in Mexico City.

Mr. Lopez continued, "On behalf of the Board, I want to thank former Company Pr
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SOURCE Fero Industries, Inc.
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