MANCHESTER, England,
Nov. 28, 2023 /PRNewswire/ --
SmartKem, Inc. (OTCQB: SMTK), a company seeking to reshape the
world of electronics with its disruptive organic thin-film
transistors (OTFTs) that have the potential to drive the next
generation of displays, today announced the appointment of
Melisa A. Denis to the SmartKem
Board of Directors, effective November 21,
2023. Ms. Denis will serve as the Chair of the Audit
Committee of the Board, a member of the Compensation Committee and
Nominating and Corporate Governance Committee.
SmartKem Chairman and CEO, Ian
Jenks, commented, "We are pleased to welcome Melisa Denis to the SmartKem Board. Melisa's
Big-4 accounting background and public company board experience
will be invaluable to SmartKem as we grow our business and pursue
our mission to disrupt the world of technology with our
leading-edge organic thin-film transistors".
Ms. Denis has served as a member of the audit committee and
mergers and acquisitions committee of the board of directors of
Hydrofarm Holdings Group, Inc. (NASDAQ: HYFM) since November 20, 2020. Ms. Denis
previously served as a partner at KPMG from 1998 to October 2020, including as National Tax Leader
for Consumer Goods and as the leader of the Consumer and Industrial
Market for Dallas. Ms. Denis
has served as a member of the Board of Regents and chair of the
audit committee for the University of North
Texas System since January
2020, an advisory board member of Women Corporate Directors
since 2011, and a board member of Enactus, a global non-profit,
since 2019. Ms. Denis is a Certified Public Accountant and
received her degree in accounting and her Bachelor of Science and
Master of Science from the University of North
Texas.
Ms. Denis was appointed to the Board to fill a vacancy created
by the resignation, effective November 21,
2023, of Barbra M. Keck as a
member of the Board. Ms. Keck will continue to serve as
SmartKem's Chief Financial Officer.
SmartKem's OTCQB information can be found on the OTC Markets
website: www.otcmarkets.com/stock/SMTK/overview
About SmartKem
SmartKem is reshaping the world
of electronics with its disruptive organic thin-film transistors
(OTFTs) that have the potential to drive the next generation of
displays. SmartKem's patented TRUFLEX® semiconductor and dielectric
inks, or electronic polymers, are used to make a new type of
transistor that could potentially revolutionize the display
industry. SmartKem's inks enable low temperature printing processes
that are compatible with existing manufacturing infrastructure to
deliver low-cost displays that outperform existing technologies.
The company's electronic polymer platform can be used in a number
of display technologies including microLED, miniLED and AMOLED
displays for next generation televisions, laptops, augmented
reality (AR) and virtual reality (VR) headsets, smartwatches and
smartphones.
SmartKem develops its materials at its research and development
facility in Manchester, UK, its
semiconductor manufacturing processes at the Centre for Process
Innovation (CPI) at Sedgefield, UK and retains a field application
office in Taiwan. The company has
an extensive IP portfolio including 125 granted patents across 19
patent families and 40 codified trade secrets. For more
information, visit: www.smartkem.com and follow us on LinkedIn and
Twitter @SmartKemTRUFLEX.
Forward-Looking Statements
All statements in this
press release that are not historical are forward-looking
statements, including, among other things, statements relating to
the SmartKem's expectations regarding its market position and
market opportunity, expectations and plans as to its product
development, manufacturing and sales, and relations with its
partners and investors. These statements are not historical facts
but rather are based on SmartKem Inc.'s current expectations,
estimates, and projections regarding its business, operations and
other similar or related factors. Words such as "may," will,"
"could," "would," "should," "anticipate," "predict," "potential,"
"continue," "expect," "intend," "plan," "project," "believe,"
"estimate," and other similar or elated expressions are used to
identify these forward-looking statements, although not all
forward-looking statements contain these words. You should not
place undue reliance on forward-looking statements because they
involve known and unknown risks, uncertainties, and assumptions
that are difficult or impossible to predict and, in some cases,
beyond the Company's control. Actual results may differ materially
from those in the forward-looking statements as a result of a
number of factors, including those described in the Company's
filings with the Securities and Exchange Commission. The Company
undertakes no obligation to revise or update information in this
release to reflect events or circumstances in the future, even if
new information becomes available.
View original
content:https://www.prnewswire.co.uk/news-releases/smartkem-inc-appoints-melisa-a-denis-to-the-board-of-directors-301999072.html