|By Marketwired .||
|February 21, 2014 11:21 AM EST||
TAMPA, FL -- (Marketwired) -- 02/21/14 -- HPEV, Inc. (OTCQB: WARM), an innovator in energy efficiency and heat dispersion technologies, has added Andrew Kyzyk to its Board of Advisors.
A highly-accomplished industry veteran with more than 20 years' experience working in the US and foreign capital markets, Mr. Kyzyk is well-qualified to offer insight and strategic advice on global opportunities and the capital markets. Kyzyk currently serves as the Executive Director and head of OTCQX International of OTC Markets Group, Inc. Prior to working with OTC Markets Group, Kyzyk held executive and management level positions at Goldman Sachs, the New York Stock Exchange and Milbank Tweed. Mr. Kyzyk holds a BA from New York University and an Executive MBA from the A.D. Little School of Management.
On joining HPEV's Board of Advisors Kyzyk said, "At OTC Markets Group, I have watched HPEV's business develop from a distance. Their break-through technology is starting to impact global corporations and things are starting to get very exciting at the Company. I admire their business acumen and vision for their shareholders, so it's a pleasure and a privilege to join the Board of Advisors."
"We're excited to welcome a resourceful leader like Andy to HPEV," stated HPEV's President Theodore Banzhaf. "HPEV is a fast-paced technology company with an accelerated growth trajectory. Andy's experience and vision will help guide our strategy to increase Company valuation. While we are currently traded on the OTCQB marketplace, we plan to uplist for more shareholder visibility in 2014."
Timothy Hassett, HPEV's Chief Executive Officer and co-founder, added, "Andy's stock market expertise and experience in the boardrooms of several multi-national companies, including some of our target customers, will provide valuable insight for our company."
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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