UPS Executive, Jim Lambis to join Spectaire Board of Directors
July 09 2024 - 7:00AM
Spectaire Holdings Inc. (NASDAQ: SPEC) (“Spectaire” or the
“Company”), a pioneer in environmental measurement technology,
today announced the appointment of Jim Lambis to the Company’s
board of directors.
Lambis currently serves as VP Buildings and Systems Engineering
at UPS International. Lambis brings a wealth of experience in
emissions management, logistics, strategic planning, and systems
engineering, making him a valuable addition to the Spectaire
board.
“Jim brings a wealth of knowledge and a proven track record,”
stated Brian Semkiw, CEO of Spectaire. “His strategic expertise and
extensive experience will be invaluable as we accelerate our
commercialization efforts, and his ability to optimize systems and
drive operational efficiencies should provide significant value as
we scale our business and expand our market reach.”
The global market for air quality monitoring systems is
experiencing significant growth, driven by increasing regulatory
pressures and a growing awareness of environmental sustainability.
According to Grandview Research, the air quality monitoring system
market was valued at $5.1 billion in 2022 and is forecast to
surpass $8.9 billion by 2030, growing at a compound annual growth
rate of 7.2%.
About Spectaire Holdings Inc.
Spectaire is at the forefront of air quality and emissions
reduction technology. With a relentless focus on innovation and
environmental sustainability, Spectaire is committed to helping
industries monetize their investments in emissions mitigation to
the benefit of their businesses, the economy, and the
environment.
For additional information,
contact:IR@spectaire.com
Dave Gentry, CEORedChip Companies,
Inc.1-407-644-4256SPEC@redchip.com
Forward-Looking Statements
This release contains certain forward-looking statements within
the meaning of the federal securities laws. These forward-looking
statements generally are identified by the words “believe,”
“project,” “expect,” “anticipate,” “estimate,” “intend,”
“strategy,” “future,” “opportunity,” “plan,” “may,” “should,”
“would,” “will continue,” “will likely result” and similar
expressions.
The forward-looking statements are based on the current
expectations of the management of Spectaire and are inherently
subject to uncertainties and changes in circumstances and their
potential effects and speak only as of the date of such statement.
There can be no assurance that future developments will be those
that have been anticipated. Forward-looking statements reflect
material expectations and assumptions, including, without
limitation, expectations, and assumptions. Such expectations and
assumptions are inherently subject to uncertainties and
contingencies regarding future events and, as such, are subject to
change. Forward-looking statements involve a number of risks,
uncertainties or other factors that may cause actual results or
performance to be materially different from those expressed or
implied by these forward-looking statements. These risks and
uncertainties include, but are not limited to, those discussed and
identified in public filings made by Spectaire with the U.S.
Securities and Exchange Commission (the “SEC”) and the following:
Spectaire’s ability to operate as a going concern; Spectaire’s
requirement of significant additional capital; Spectaire’s limited
operating history; Spectaire’s history of losses; Spectaire’s
ability to attract qualified management; Spectaire’s ability to
adapt to rapid and significant technological change and respond to
introductions of new products in order to remain competitive; the
loss of, or nonperformance by, one or more significant customers;
disruptions of Spectaire’s manufacturing operation; changes in
governmental regulations reducing demand for Spectaire’s products
or increasing Spectaire’s expenses; the effects of global health
crises on Spectaire’s business plans, financial condition and
liquidity; changes or disruptions in the securities markets;
legislative, political or economic developments; Spectaire’s
failure to obtain any necessary permits or comply with laws and
regulations and other regulatory requirements; accidents, equipment
breakdowns, labor disputes or other unanticipated difficulties or
interruptions; potential cost overruns or unanticipated expenses in
development programs; potential legal proceedings; and Spectaire’s
failure to obtain or maintain insurance covering all of Spectaire’s
operations.
Should one or more of these risks or uncertainties materialize
or should any of the assumptions made by the management of
Spectaire prove incorrect, actual results may vary in material
respects from those projected in these forward-looking
statements.
All subsequent written and oral forward-looking statements
concerning matters addressed herein and attributable to Spectaire
or any person acting on its behalf are expressly qualified in their
entirety by the cautionary statements contained or referred to
herein. Except to the extent required by applicable law or
regulation, Spectaire undertakes no obligation to update these
forward-looking statements to reflect events or circumstances after
the date hereof to reflect the occurrence of unanticipated
events.
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