Ener1, Announces the Appointment of Chief Operating Officer of Worldwide Operation
FORT LAUDERDALE, Fla. & LA SPEZIA, Italy----June 11, 2001-- Mobile Power and Clean Energy Solutions Provider Announces the Promotion of Its VP of Finance and Operations to Chief Operating Officer
Ener1, an emerging leader in mobile power and clean energy solutions, announced today that it has promoted Mr. Jonathan New to become its Chief Operation Officer for worldwide operations.
Based in the United States and Europe, Ener1 continues to develop a reputation as a key player in a mobile power market as a result of its strong R&D staff and intellectual property portfolio. The mobile power field has a projected worldwide growth of 15% annually through 2005 according to Frost and Sullivan. Jonathan New recently VP of Finance and Operations was promoted to Chief Operations Officer effective immediately. Mr. New will have responsibility for worldwide operations and for identifying and pursuing strategic partnerships. Mr. New will report to the Board of Directors of Ener1. According to Dr. Peter Novak, Chief Technical Officer and co-founder of Ener1: "Mr. New's promotion is in recognition of his contribution to Ener1 and his demonstrated capability to help Ener1 grow rapidly and achieve its business objectives. As the Chief Operating Officer of our worldwide operations Mr. New will oversee our day to day operations." About Ener1 Ener1 specializes in research, development and production of fuel cells and primary/secondary lithium Batteries, based on Lithium Metal and Lithium Polymer chemistries for portable electronic applications, industrial applications, electric vehicles and any other devices which require increased energy capacity, safety and re-chargeability. Ener1 USA Inc. in Fort Lauderdale, FL. is the world wide headquarters for marketing, sales, finance and administration, while the Italian Ener1 Srl has established two facilities: an R&D center in La Spezia and a production facility in Cagliari. For more information about Ener1 solutions, visit www.ener1.com or call Jorge Diaz at 954/202-4442, extension 15. In Italy contact Ener1 at ++39 0187 523534.
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