Highpower International Appoints New Independent Director
May 03 2011 - 10:30AM
Marketwired
Highpower International, Inc. (NASDAQ: HPJ),
a developer, manufacturer and marketer of nickel-metal hydride
(Ni-MH) and lithium-ion (Li-ion) batteries and related products,
today announced that Mr. T. Joseph Fisher, III has joined
Highpower's Board of Directors, effective April 30, 2011, and Mr.
Chao Li has retired as director of the Board.
Mr. Fisher has over thirty five years experience in the battery
industry. Mr. Fisher is currently the Chief Executive Officer and
President of Contour Energy Systems, Inc., an advanced battery
technology company that is based on technologies developed and
licensed from Caltech, CNRS and MIT.
Prior to joining Contour Energy Systems, Inc., in 2008, Mr.
Fisher had a distinguished thirty plus year career with Energizer
Holdings, Inc., where he held numerous senior management positions
including Vice President - Global Rechargeable Battery Business
Unit, Vice President and General Manager - Energizer Power Systems,
Vice President-Business Development, General Manager - Miniature
Batteries, as well as holding several International Management
assignments including Managing Director-Southern Europe, President
- Energizer Argentina, and Controller - Southern Africa. He also
led the development and championed the Energizer Energi-To-Go™
range of new products. Mr. Fisher received his B.S. in Industrial
Management from the University of Cincinnati and also has an MBA
from the West Virginia College of Graduate Studies, now a part of
Marshall University. Mr. Fisher will serve on the Audit, Nominating
and Compensation Committees.
"The addition of an independent board member of Mr. Fisher's
caliber in the battery industry is a strong step for the growth of
our Board," said George Pan, Chairman and Chief Executive Officer
of Highpower International, Inc. "He will bring to Highpower broad
international and cross functional business experience with a
proven track record of fostering product innovation with a focus on
speed-to-market. We look forward to his strategic direction in
building strong, cross functional teams as we position Highpower
for new product and technology innovation as well as long-term
growth and profitability. In addition, I would like to thank Mr.
Chao Li for his service to the Board and wish him well in his
retirement."
About Highpower International, Inc.
Highpower International, Inc. develops, manufactures and markets
rechargeable nickel metal hydride (Ni-MH) and lithium-ion (Li-ion)
batteries and related products for use in a variety of electronic
devices. The majority of Highpower International's products are
distributed worldwide to markets in the United States, Europe,
China, Hong Kong, Taiwan, Southeast Asia and South America. For
more information, visit http://www.highpowertech.com.
To be added to the Company's email distribution for future news
releases, please send your request to HPJ@finprofiles.com. Company
news can also be found at
http://ir.haopengbattery.com/en/introduce028.html.
Forward Looking Statements
This press release contains "forward-looking statements" within
the meaning of the "safe-harbor" provisions of the Private
Securities Litigation Reform Act of 1995 that are not historical
facts. These statements can be identified by the use of
forward-looking terminology such as "believe," "expect," "may,"
"will," "should," "project," "plan," "seek," "intend," or
"anticipate" or the negative thereof or comparable terminology, and
include discussions of strategy, and statements about industry
trends and the Company's future performance, operations and
products. Such statements involve known and unknown risks,
uncertainties and other factors that could cause the Company's
actual results to differ materially from the results expressed or
implied by such statements. For a discussion of these and other
risks and uncertainties see "Risk Factors" and "Management's
Discussion and Analysis of Financial Condition and Results of
Operations" in the Company's public filings with the SEC. Although
the Company believes that the expectations reflected in such
forward-looking statements are reasonable, there can be no
assurance that such expectations will prove to be correct. The
Company has no obligation to update the forward-looking information
contained in this press release.
Financial Profiles, Inc. Tricia Ross +1-916-939-7285 Email
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