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New Board Members Add Acquisition, Legal and Technical Experience
nCoat, Inc. (OTCBB: NCOA) ("nCoat" or the "Company"), a nanotechnology company specializing in products and solutions for the high performance coatings industry, today announced the appointment of two new members to the company's Board of Directors. Geoffrey D. Lewis and Dr. Thomas F. Buckley, III were appointed during a directors meeting on Tuesday, March 20, 2007.
"Geoff and Thom bring very diverse skills and deep experience to the Board as outside Directors," said Paul Clayson, Chairman and CEO of nCoat. "As founders of the company, Terry Holmes and I plan to expand the depth and breadth of talent helping us grow this company. These gentlemen add tremendous technical, legal, business and management experience."
Geoffrey Lewis Senior is Vice President/Chief Legal Officer of RE/MAX International, Inc. RE/MAX© is the leading global brand in residential real estate with over 6,000 franchises and 120,000 sales associates in 63 countries. He previously was Vice President, Corporate Development and General Counsel for NACCO Materials Handling Group, Inc. ("NMHG"), a $2 billion company engaged in the worldwide design, manufacture and marketing of Hyster© and Yale© brand forklift trucks. As head of Corporate Development, Mr. Lewis structured acquisitions, joint ventures, and financings in the United States, Europe, Mexico, China, Japan, South America, and Australia. While at NMHG, Mr. Lewis oversaw the legal aspects of the public issuance and trading of securities on the NYSE. He has broad expertise with acquisitions, financings, securities regulations, and public and private securities offerings. He practiced law specializing in mergers and acquisitions and corporate finance while with the international law firm of Jones Day. Mr. Lewis received his Bachelor of Arts (BA) degree from Brigham Young University, a Juris Doctorate (JD) from the University of Virginia and a Master of Business Administration (MBA) from the University of Colorado. He holds dual-citizenship in the United States and Great Britain.
Dr. Thomas Buckley received both his Bachelor of Science degree in Chemistry and his Master of Science degree in Organic Chemistry from the University of New Hampshire (Durham) and completed his Doctor of Philosophy degree in Synthetic Organic Chemistry from the University of California (Berkeley). He is the inventor of record for over 45 U.S. and International patents. Dr. Buckley has published in several research, business trade, and technical journals during his career including numerous technical conference venues and has served as Chairperson of many lubricant additive trade association sector groups having direct impact upon the uniform interpretation, reconciliation, and implementation of regional chemical regulations in a global chemicals economy. He currently serves on the staff of a Fortune 50 company providing counsel and product management strategies to assure coordinated and timely technical outcomes consistent with regulatory compliance obligations and internal corporate policy. He has a particular research interest in nanotechnology. Dr. Buckley offers specific expertise in synthetic organic chemistry, related commercial processes, and product development, the protection of Intellectual Property Rights, and associated global new chemical regulatory affairs.
About nCoat, Inc.
Formed in 2004, nCoat, Inc. is an emerging nanotechnology company with new nano-formulated and traditional coatings that make it an international leader in the development and marketing of coatings applied to metal, ceramics, fabric and other materials. The company specializes in nanotechnology research, commercialization, licensing and distribution, and through its subsidiary companies develops and distributes commercially viable proprietary nanotechnology and traditional coatings products.
Except for statements of historical fact, the information presented herein may contain forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which nCoat, Inc. has little or no control.
ON BEHALF OF THE BOARD
Paul S Clayson, Chief Executive Officer
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nCoat, Inc. Investor Relations
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