Medis Technologies Announces Senior Management Changes
Chief Executive Officer
The company’s products – Medis 24/7 Xtreme Portable Power Solution and the Medis Fuel Cell Power Emergency Kit – are currently available at Amazon.com and the FuelCellStore.com. The portable fuel cells can provide up to 90 hours of “green” energy to power personal electronic devices such as cell phones, MP3 players, flashlights, etc.
“As Medis founders, Bob’s and Howard’s vision, dedication and personal financial investment has enabled Medis to develop the first portable fuel cell available to consumers. We thank them for their ongoing leadership and commitment over the years that led to the development of Medis’ highly advanced fuel cell technology, as well as the chip technology of its subsidiary Cell Kinetics Ltd. I am pleased that they will make their cumulative knowledge, experience, wisdom and relationships available to me over the coming year,” said
Mejia continued, “Thus far, in 2009, Medis has focused on creating a management team to ensure that our products are best positioned to achieve market adoption. Thomas brings a wealth of global business experience to our team and will oversee the restructuring of Medis’ overall business operations.”
Mr. Finn has more than 25 years of international business management experience, particularly in supply chain management. Most recently, Mr. Finn served as an independent consultant, specializing in strategy, planning, development, and sustainability. Prior to that, Mr. Finn served as chief supply chain officer,
He also served as vice president of worldwide supply for Solectron Corporation. As a graduate of Texas Instruments’ (TI) Material Management Rotation Program, he served 11 years with TI holding various positions in operations and supply chain management. He began his career as a design engineer and project manager for a privately held architecture/engineering firm. Mr. Finn holds a bachelor’s degree in civil engineering from
About Medis Technologies Ltd.
Medis Technologies’ (Nasdaq: MDTL) (www.medistechnologies.com) is the creator of the first portable fuel cell generator. The company’s first generation of products, Medis 24/7 Xtreme Portable Power Solution and the Medis Fuel Cell Power Emergency Kit are available at Amazon.com and the FuelCellStore.com. The portable fuel cells can provide up to 90 hours of “green” energy to power personal electronics (i.e. cell phones, MP3 players, flashlights, etc.) anywhere without the need for a wall socket or any external electricity source.
Medis’ indirect majority-owned subsidiary, Cell Kinetics Ltd., is engaged in the development and commercialization of the CKChip, a unique cell carrier platform intended for simultaneous fluoroscopic monitoring and analysis of thousands of individual living cells over time.
This press release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases you can identify those so-called “forward-looking statements” by words such as “may,” “will,” “should,” “expects,” “plans,” “targets,” “believes,” “anticipates,” “estimates,” “predicts,” “potential,” or “continue” or the negative of those words and other comparable words. These forward-looking statements are subject to risks and uncertainties, product tests, commercialization risks, availability of financing and results of financing efforts that could cause actual results to differ materially from historical results or those anticipated. Further information regarding these and other risks is described from time to time in the Company’s filings with the SEC. We assume no obligation to update or alter our forward-looking statements made in this release or in any periodic report filed by us under the Securities Exchange Act of 1934 or any other document, whether as a result of new information, future events or otherwise, except as otherwise required by applicable federal securities laws.
For further information please contact:
Danielle DeVoren
Weber Shandwick
ddevoren@webershandwick.com / 212-445-8188
SOURCE Medis Technologies Ltd.