Ex-Siemens and Curtiss-Wright Star Joins the Company’s Executive Team to Spearhead Go-to-Market Product Strategies and Monetize Growing Patent Portfolio.
TAMPA, FL–(Marketwired – Feb 20, 2014) – HPEV, Inc. (OTCQB: WARM), an innovator in energy efficiency and heat removal technologies, announced today that its co-founder, Mark Hodowanec has joined the Company to serve as Chief Technology Officer. Hodowanec will play a key role in driving customer relationships, shaping HPEV’s technology strategy and further developing the Company’s patent portfolio. As a key developer of HPEV’s technology, Hodowanec will help lead the Company as it moves into its next phase of growth and leadership across one of the most transformative trends in the recent history of manufacturing – energy efficiency for industrial motor-generators, industrial pumps and mobile power generation systems.
“Mark is certainly the technology leader of the Company and has been jointly responsible for HPEV’s technology foundation and many of its advances. Mark’s engineering genius will drive this technology to many verticals. Mark brings a focused and unique blend of experience that spans motors and generators, the energy sector, the military, transportation and even weapons. At heart, Mark is a true engineer, but he is also a proven strategist and a manager with extraordinary vision and operational expertise within complex organizations. I am thrilled to welcome Mark to HPEV,” commented Timothy Hassett, HPEV’s CEO.
Mark Hodowanec commented, “Testing has proven that HPEV’s thermal dispersion technologies coupled with our other complementary intellectual property can significantly help the industrial manufacturing industry as we enter a period of rapid evolution towards energy efficiency. HPEV is well positioned to be a leader in this transformation as our core strengths cross various industries and product lines. I am excited and energized to join the Company as we bring our technology solutions to the global manufacturing industry.”
Hodowanec has a remarkable history of engineering and operations expertise with a track record of over 30 publications and numerous patents. Most recently, Hodowanec led engineering at Curtiss-Wright. Previously, he served as Director of Operations at WaveCrest Laboratories. He also served as Engineering Manager at Siemens Energy and Automation and led new product innovation at Reliance Electric. Mr. Hodowanec holds Bachelor and Master of Science degrees from the University of Akron and a Master of Business Administration from Xavier University in Cincinnati.
About HPEV, Inc.
HPEV, Inc. is an intellectual property and product development company that employs a license and royalty model. The company has expertise in thermal dispersion technologies and their application to various product platforms. The Company is currently commercializing its patented thermal technology and has additional patents-pending for various OEM applications of its proprietary heat removal technologies. The markets that will be addressed by these technologies include myriad industries such as pumps, fans, compressors, batteries, motors, generators and bearings.
Safe Harbor Statement.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on plans and expectations of management and are subject to uncertainties and risks that could affect the company’s plans and expectations, as well as results of operations and financial condition. A listing of risk factors that may affect the company’s business prospects and cause results to differ from those described in the forward-looking statements can be found in company reports and documents filed with the Securities and Exchange Commission. The company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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