INDUSTRY VETERAN TO LEAD SOLICORE’S SALES TEAM

INDUSTRY VETERAN TO LEAD SOLICORE’S SALES TEAM
David Eagleson Signs on as Vice President of Sales and Strategic Accounts
 
Lakeland, FL—October 23, 2008—Solicore, a global leader in embedded power solutions, has named David Eagleson as Vice President of Sales and Strategic Accounts. With more than 20 years of experience in sales and sales management in enterprise software and automatic identification-based solutions, Eagleson brings a deep understanding of driving revenue in emerging technology markets for continued market penetration of Solicore’s pioneering ultra-thin Flexion® batteries.
 
Eagleson is recognized as an expert in RFID, with extensive experience in supply chain management, as well as sales program and team development. Most recently, he was Senior Vice President of Sales for RFID Global Solution, an industry leader in the solution fulfillment space. Prior to RFID Global Solution, Eagleson was the Senior Director of Business Development for Symbol (now Motorola), focusing on partner and channel strategy in market development of enterprise RFID systems. As sales manager for Matrics, a pioneering RFID provider, he secured strategic sales contracts with early adopters including Target, Coca-Cola and Johnson & Johnson, as well as selling Wal-Mart its first RFID rollout. This deal contributed to Symbol acquiring Matrics for $238 million. 
 
“We are very excited to have David Eagleson join our leadership team,” says Solicore CEO David Corey. “With his proven record of success and firsthand experience, David has developed a keen sense of what it will take to maintain and accelerate Solicore’s momentum in the industry. His in-depth knowledge of  defining emerging technology markets, combined with his profound understanding of the opportunities that exist in the RFID markets, made Eagleson the ideal choice to help expand Solicore’s customer base while also being a driving force to grow the industry as a whole.”
 
Eagleson’s sales experience extends to numerous industries, including retail, manufacturing and government/aviation. For more information about Solicore or its innovative Flexion battery portfolio, visit www.solicore.com
 
About Solicore, Inc.
Solicore is a worldwide leader of embedded power solutions, offering its Flexion® product portfolio of advanced ultra-thin flexible lithium polymer batteries for powered cards, RFID and micro medical devices. Solicore’s advanced battery technology is ultra-thin, flexible, safe and environmentally friendly, and significantly enhances the capabilities of lithium-based batteries. For more information, visit www.solicore.com.

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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