Nanotechnology Now







Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Ener1 Appoints Two Industry Executives as Independent Directors

Abstract:
Ener1, Inc. (BULLETIN BOARD: ENEI) today announced the appointment of Thomas J. Snyder and Kenneth R. Baker as members of its board of directors. Both executives have distinguished careers in the automotive and technology industries and have extensive experience in electric vehicles and batteries.

Ener1 Appoints Two Industry Executives as Independent Directors

FORT LAUDERDALE, FL | Posted on August 1st, 2007

Mr. Snyder served as the President from 1994 and Chief Executive Officer from 2000 through 2006 of Remy International in Anderson, Indiana and recently as the Chairman of the Flagship Energy Systems Center (FESC) in Anderson. FESC is Indiana's first energy-focused center of excellence working on leading technologies, including hybrid systems, lithium batteries, solid oxide fuel cells and alternative fuels. Mr. Snyder is currently serving as the President of Ivy Tech Community College of Indiana, a leading mid-western educational institution with over 100,000 student enrollment.

Mr. Snyder led the management buyout of Delco Remy from General Motors in 1994. During his 11 years with Delco Remy International, he established a new business model and diversified the company from a captive General Motors supplier to a global leader in truck, off road and aftermarket products, increasing the company in size from $500 million to over $1.2 billion in sales and worldwide employment from 1,500 to 6,000. Prior to this acquisition Mr. Snyder had a distinguished career at General Motors.

Mr. Snyder graduated from Kettering University, formerly General Motors Institute in 1967, with a degree in mechanical engineering and also holds a master's degree in business administration from Indiana University. He is a member of the Executive Committee of the Indiana State Chamber, a member of the Executive Council of the Saint Theodore Guerin High School in Noblesville, a board member of the Paramount Theatre restoration in Anderson, Indiana and a past member of the prestigious World Economic Forum in Davos, Switzerland.

Mr. Baker has most recently served as President, CEO and member of the Board of Trustees of Altarum Institute, a leading nonprofit research institute recognized for advanced informatics/decision support applied to the areas of national defense, healthcare, homeland security and environment. Prior to that, Mr. Baker served as the Vice Chairman and Chief Operating Officer of Energy Conversion Devices in 1999.

Mr. Baker served as an executive at General Motors for over 30 years until his retirement in 1999, including Vice President of Global Research & Development and program manager of GM Electric Vehicles. He was the founding chairman of the USABC (United States Advanced Battery Consortia), the organization that has partially funded EnerDel's Lithium ion battery development. Mr. Baker graduated with a Bachelor of Science in Mechanical Engineering from Clarkson University. He currently serves on the board of directors and is a member of the audit and compensation committees of Millennium Cell, Inc., serves on the board of directors and is a member of the audit committee of AeroVironment, Inc., and serves on the board of directors of the National Coalition for Advanced Manufacturing, the Board of Governors of Cranbrook Science Institute, and the Board of Trustees of the Center for Automotive Research.

Charles Gassenheimer, Vice Chairman of Ener1, stated "We continue to fulfill our promise to investors to build a successful, world-class organization. These quality board members and the recent addition of Subhash Dhar as President show that some very experienced and talented industry executives believe in the Ener1 technology and the company's future."

Subhash Dhar, President of Ener1, added "These are powerful, industry- experienced directors whose participation will play an invaluable part in our plan to win the technology battle for lithium ion batteries for hybrid and plug-in hybrid electric vehicles. We welcome Tom and Ken, and look for their participation and guidance to help us make tremendous strides in our core businesses."

####

About Ener1, Inc.
Ener1, Inc. (OTCBB: ENEI) is an alternative energy technology company that is developing 1) lithium ion batteries for hybrid electric vehicles (HEV) at its 80.5% owned EnerDel subsidiary through corporate ventures and strategic partnerships with Delphi, ITOCHU and EnerStruct, 2) commercial fuel cell products through its EnerFuel subsidiary, and 3) nanotechnology-based materials and manufacturing processes for batteries and other applications at its NanoEner subsidiary. For more information, visit http://www.ener1.com/ or call 954-556-4020.

Safe Harbor Statement

This release contains forward-looking statements within the meaning of the Federal Private Securities Litigation Reform Act of 1995 conveying management expectations as to the future based on plans, estimates and projections at the time the statements are made. The forward-looking statements contained in this press release involve risks and uncertainties, including, but not necessarily limited to: the Company's ability to achieve the milestones upon which funding from its controlling shareholder is conditioned; EnerDel's ability to succeed as a supplier of batteries to the hybrid electric vehicle and other markets; Ener1's ability to successfully develop and market proposed lithium battery, fuel cell and nanotechnology-based products and services; the degree of competition in the markets for lithium battery, fuel cell and nanotechnology-based products and services; Ener1's history of operating losses; EnerFuel's ability to complete the development of and sell the surveillance camera; the lack of operating history for the development stage Ener1 businesses; the need for additional capital; the dependency upon key personnel; and other risks detailed in filings made from time to time with the Securities and Exchange Commission. These risks and uncertainties could cause actual results or performance to differ materially from any future results or performance expressed or implied in the forward-looking statements included in this release. Ener1 undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Ener1, Inc.

For more information, please click here

Contacts:
Corporate Headquarters
500 W Cypress Creek Rd, Suite 100, Ft. Lauderdale, FL 33309
Phone: 954-556-4020
Fax: 954-556-4031


Public and Investor Relations
Jerry Herlihy
Phone: 954-202-4442 Ext. 310
Fax: 954-556-4031
Email:

Copyright © PR Newswire Association LLC.

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Announcements

New Biological Nano-Fertilizers Presented in Iran as Appropriate Replacements for Chemical Fertilizers April 18th, 2015

Iranian Foodstuff, Agricultural Industries Welcome Nanotechnology Packaging Bags April 18th, 2015

Nanocomposites Play Effective Role in Production of Smart Fibers April 18th, 2015

Dais Analytic Corporation Appoints Eliza Wang to Board of Directors: Company's Newest Director Brings Expertise in Commercial and Legal Matters Both in the United States and China; Joins on the Heels of Successful Business Development Trade Mission to China April 18th, 2015

Appointments/Promotions/New hires/Resignations/Deaths

Dais Analytic Corporation Appoints Eliza Wang to Board of Directors: Company's Newest Director Brings Expertise in Commercial and Legal Matters Both in the United States and China; Joins on the Heels of Successful Business Development Trade Mission to China April 18th, 2015

Nanion Technologies Appoints James Costantin as Director of Customer Relations: Nanion is pleased to announce the appointment of Dr. James Costantin as Director of Customer Relations at Nanion Technologies Inc. March 31st, 2015

Nanofilm Appoints Senior Sales/Marketing Executives: Don Tecco, Director of Optical Sales, North America and Rex Talbott, Business Director Optical Products March 23rd, 2015

KIT Increases Commitment in Asia: DAAD Funds Two New Projects: Strategic Partnerships with Chinese Universities and Communi-cation Technologies Network February 22nd, 2015

Automotive/Transportation

Nanocomposites Play Effective Role in Production of Smart Fibers April 18th, 2015

Beyond the lithium ion -- a significant step toward a better performing battery April 18th, 2015

Newly-Developed Nanocatalysts Increase Performance of Fuel Cells April 16th, 2015

Cobalt film a clean-fuel find: Rice University discovery is efficient, robust at drawing hydrogen and oxygen from water April 15th, 2015

Battery Technology/Capacitors/Generators/Piezoelectrics/Thermoelectrics/Energy storage

Engineer improves rechargeable batteries with MoS2 nano 'sandwich' April 18th, 2015

Beyond the lithium ion -- a significant step toward a better performing battery April 18th, 2015

Harvesting energy from electromagnetic waves: In the future, clean alternatives such as harvesting energy from electromagnetic waves may help ease the world's energy shortage April 15th, 2015

A KAIST research team develops a hyper-stretchable elastic-composite energy harvester April 13th, 2015

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More










ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2015 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE