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New
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news release:
McDaniel to Lead Ener1 Nanotech Business
to Commercialize Thin Film Superconductor Technologies
June 14 --
Ener1, Inc. (OTC Bulletin
Board: ENEI) has named J. Gary McDaniel chief executive officer of its
nanotechnology subsidiary, NanoEner, Inc. McDaniel has over 25 years of senior
management and operations experience, most recently as president and CEO of
Nanox, Inc., a company that develops nanostructured materials. He is charged
with transitioning the nanotechnology operation from R&D to applications
engineering, product design, manufacturing and sales.
NanoEner is developing advanced nanomaterials for use in Ener1's lithium
batteries and other high-energy storage devices. The Company's highly efficient
and cost-effective process is designed to produce nanostructured electrodes that
enable batteries to have extremely high discharge rates and an extended
lifecycle when compared to those manufactured using existing technologies.
The Company also plans to pursue other custom applications for its technologies,
such as thin-film solar cells, catalytic and functional coatings, fuel cells and
thin-film transistors for active-matrix liquid-crystal displays, and both
thin-film superconductors and dielectrics. McDaniel reports to Pankaj Dhingra,
president of Ener1's Energy Group.
Dhingra said, "Gary's experience in advanced materials and nanotechnology is a
great asset. We are confident his business acumen and leadership skills make him
the ideal choice to lead the commercialization of our unique nanotechnology and
our growing body of related intellectual property."
McDaniel commented, "NanoEner has developed a cutting-edge manufacturing
technology for the production of nanostructured materials. What I find most
exciting about this process is that it is truly a 'platform technology' that can
be customized to produce a variety of products."
Prior to his tenure as president and CEO of Nanox, McDaniel held senior posts at
Tricat Industries, a global manufacturer of nano- and microadvanced materials;
Katalistiks, a $90 million manufacturer of petroleum refinery catalysts; and the
chemicals division of W.R. Grace and Company.
McDaniel has a Bachelor's degree in Chemical Engineering Administration from the
University of Delaware and an MBA from the Merrick School of Business at the
University of Baltimore. |