2007'09.25.Tue
INI Power Systems Announces Appointment of Chief Executive Officer
September 24, 2007
Steve Gallo Will Lead Company at 10th Grove Fuel Cell Symposium in London, UK Sept. 25-27th MORRISVILLE, N.C., Sept. 24 /Xinhua-PRNewswire/ -- INI Power Systems, Inc. (INI), the developer of direct methanol Laminar Flow Fuel Cell (LFFCa) products is pleased to announce the appointment of Steve A. Gallo as the Company's Chief Executive Officer. Mr. Gallo's chief responsibilities will be to manage the advanced development and commercialization of the company's patented Laminar Flow Fuel Cells along three portable power product lines: dismounted soldier/military applications, commercial/industrial and consumer electronics. "INI is a leading contender to bring fuel cell systems to market enabling functionality, improved operating lifetime and enhanced performance for portable applications. INI is targeting performance and cost objectives with our unique LFFCa technology that can make fuel cell systems accessible to high volume consumer electronics markets," said Mr. Gallo. "I am excited to join a dynamic company with such exceptional prospects for growth and I look forward to leading INI in its next phase of advanced development and commercialization." Mr. Gallo has 20 plus years experience in general business management of growth initiatives and new product offerings, primarily in the high technology sector of electronic materials, components and communications. He most recently served in a number of leadership positions in DuPont's Electronics and Communications Technologies platform where he had P&L and business leadership responsibility in the areas of authentication devices, PDP and OLED display components and multilayer ceramic IC packages. He holds a B.S. degree in Electrical Engineering from the University of Delaware. Larry Markoski, President and Chief Technology Officer of INI commented, "The timing of the appointment of a CEO is in recognition of our rapid technology development demonstrated in key market segments. We have successfully delivered pre-production systems to the US Army and have begun joint development efforts with an OEM partner in the consumer electronics market. Steve's skills in product and business development will ensure successful commercialization of INI's products." About 10th Grove Symposium INI's booth can be found at stand A7051 at the USA Pavilion where the company will demonstrate its Laminar Flow technology concepts and product development efforts. About INI Power Systems: INI is focused on commercializing direct methanol Laminar Flow Fuel Cells that combine methanol -- a high energy density and logistically friendly liquid fuel -- with a revolutionary fuel cell concept. For more information, please visit: http://www.inipower.com . For more information, please contact: Anthony Atti Tel: +1-919-677-7112
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