press release<br /><br />April 17, 2014, 8:03 a.m. EDT<br />Surna Appoints Veteran Public Company CFO Douglas McKinnon to EVP & CFO<br /><br />BOULDER, CO, Apr 17, 2014 (Marketwired via COMTEX) -- Surna Inc. (otcqb:SRNA), a company that develops, acquires, produces and sells equipment for the legal marijuana industry with a focus on disruptive technology, today announced it has appointed Douglas McKinnon to Executive Vice President and Chief Financial Officer.<br /><br />Mr. McKinnon has served as Surna's senior financial consultant since February. His 30 years' professional experience includes C-level positions in both private and public sectors, including Chairman and CEO of an American Stock Exchange traded company, VP of a $12 billion market cap NASDAQ-traded company and CFO of several publicly held US, Canadian and Australian companies.<br /><br />Surna Chairman and CEO Tom Bollich said, ""Doug is a great 'get.' As we are still in the early days of the legal cannabis industry, the Board of Directors was determined to name a highly experienced, senior financial professional fully qualified to ensure Surna follows industry best practices of corporate finance and governance as well as SEC and all other regulatory compliance.<br /><br />""Further, we required a CFO capable of leading the Company's corporate finance and financial regulatory affairs not just now, but for the many years of rapid growth we envision ahead,"" Mr. Bollich added. ""With his esteemed track record as a public company financial officer, I am confident Doug will prove a valuable member of Surna senior management.""<br /><br />Commenting on his appointment to Surna Executive Vice President and Chief Financial Officer, Doug McKinnon said, ""With Surna, I can make an immediate impact in a senior position with a young company in an emerging industry, with all the right ingredients for unlimited success. I am delighted to join the Surna team.""<br /><br />Doug McKinnon Bio Doug McKinnon's 30+ year professional career includes advisory and operation experience across a broad spectrum of industry sectors, including oil and gas, technology, and communications. He has served in C-level positions in both private and public sectors, including chairman and CEO of an American Stock Exchange traded company, Vice President of a $12 billion market cap NASDAQ-traded company for which the management team raised over $2.2 billion, CFO of several publicly held US, Canadian and Australian companies, and CEO/CFO of various other private enterprises.<br /><br />As an entrepreneur, Mr. McKinnon has been involved in organizations ranging from start-up companies using venture capital funding to publicly traded, institutional investor-backed companies. Mr. McKinnon attended Texas Christian University for both his BBA and MBA. He worked for nine years as a CPA in the SEC and the oil and gas practice section of Coopers & Lybrand (now PricewaterhouseCoopers). Additionally, Mr. McKinnon has extensive merger & acquisition and turnaround experience.<br /><br />As CFO, Mr. McKinnon succeeds Robert Clarke who has resigned to pursue other interests.<br /><br />About Surna Inc. Led by Tom Bollich, the visionary technologist who co-founded famed gaming company Zynga which ultimately rose to a $10 billion market valuation, Surna's mission is to acquire intellectual property and scalable operating companies in the nascent, legal marijuana industry with a focus on disruptive technology, equipment and related support services.<br /><br />The Company represents a pure play on explosive growth in the cannabis industry, while being agnostic as to the escalating proliferation of regulated, commodity cannabis growers & sellers, winners or losers; its business model excludes the production or sale of marijuana. ArcView industry research projects the highly fragmented $2.3 billion US cannabis industry will increase over four-fold to $10.2 billion by 2018. <br />