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Lakeland , FL – July 19, 2006. Solicore, Inc., a world-wide leader of embedded power solutions, offering a product portfolio of advanced ultra-thin, flexible, lithium polymer batteries announces that Neil Kreitman has recently joined the company as its Executive Vice President of Manufacturing.“Mr. Kreitman has over 25 years of experience in manufacturing, operations, engineering, and executive management. He has played a key leadership role in several leading companies and has led their transition to high-volume manufacturing. This set of experiences will be a great benefit to our organization as we ramp up our manufacturing operations” said David Corey, CEO of Solicore.
Most recently, Mr. Kreitman was President and founder of his own company. Prior to that he served as COO of Reptron Manufacturing, Senior VP of Operations for Westell Technologies and held several management positions within AT&T. Mr. Kreitman graduated with a degree in Industrial Engineering.
“Mr. Kreitman is an ideal addition to the Solicore team. He has a proven track record of scaling manufacturing operations to meet increasing market demands. Mr. Kreitman’s leadership and knowledge base will prove invaluable as Solicore moves into high speed manufacturing,” stated Mark Allen, an independent Director on Solicore’s Board of Directors.
This press release contains forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. Such forward-looking statements are subject to known and unknown risks, uncertainties or other factors that may cause Solicore, Inc's actual results to be materially different from historical results or any results expressed or implied by such forward-looking statements. Solicore, Inc. assumes no obligation to update any forward-looking statements to reflect events or circumstances arising after the date hereof. The potential risks and uncertainties which could cause actual growth and results to differ materially include but are not limited to, customer acceptance of the company's services, products and fee structures, the success of the company's brand development efforts, the volatile and competitive nature of the battery industry, and changes in domestic and international market conditions, and foreign exchange rates.
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