Russian Physicist Anatoli Borissov Rejoins BlueFire Team

Russian Physicist Anatoli Borissov Rejoins BlueFire Team

Prominent scientist will focus on developing additional breakthrough technology

HOUSTON--(BUSINESS WIRE)-- BlueFire Equipment Corporation (OTCQB: BLFR) announced today that Dr. Anatoli Borissov will rejoin the company's team as its chief operating officer.

Previously, Borissov headed up BlueFire's research and design component and was instrumental in the development of BlueFire's proprietary polycrystalline diamond cutter (PDC) drill bit. BlueFire's exclusive design has the ability to provide higher rates of penetration (ROP) and longer bit runs in hard rock formations and shales, representing a breakthrough in drilling technology.

Russian-born Borissov came to the U.S. in 1993 as a Fulbright Professor at the University of Maryland's Department of Aerospace Engineering. Prior to that time, he managed a team of 85 scientists at the Russian Academy of Science in Novosibirsk in southwestern Siberia. He has a Doctor of Science degree in Physics and Mathematics and a Ph.D. in Fluid Mechanics and Thermophysics from the Institute for Thermophysics of the Russian Academy of Science, Novosibirsk. He holds a Master of Science in Physics and Interior Ballistics from Tomsk State University, Russia.

Borissov is a world-recognized expert in thermophysics, combustion processes, heat and mass transfer, and gas dynamics. He has authored a book, published many significant scientific papers and has four decades of experience in applied physics and combustion engineering.

Borissov said, "I am thrilled to rejoin the BlueFire team and have the opportunity to focus on additional technological breakthroughs such as our revolutionary PDC drill bit." He added, "The BlueFire management and scientific teams are highly focused on bringing efficiency and cost savings to this country's rapidly expanding energy industry."

Details about BlueFire Equipment Corporation and information about obtaining quotes for the BlueFire PDC drill bit are available at

About BlueFire Equipment Corporation (BLFR)

BlueFire Equipment Corporation designs and manufactures proprietary drilling technologies for use in the exploration and production of oil and gas in the United States. It sells and leases various sizes of polycrystalline diamond cutter (PDC) drill bits to drilling contractors and oil and gas companies. BlueFire Equipment Corporation was founded in 2008 and is headquartered in Houston, Texas, where other major exploration and production companies have a presence, including ExxonMobil, BP and ConocoPhillips.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange act of 1934, as amended, including statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release only speaks as of the date of its distribution.


BlueFire Equipment Corporation
William Blackwell, 866-713-3700

KEYWORDS:   United States  Europe  North America  Russia  Texas


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