David Corey Joins Solicore, Inc. as Company's CEO
October 21 2004 - 11:00AM
PR Newswire (US)
David Corey Joins Solicore, Inc. as Company's CEO LAKELAND, Fla.,
Oct. 21 /PRNewswire/ -- Solicore, Inc., a leading provider of
ultra-thin, flexible, lithium polymer batteries, recently announced
that David Corey has joined the company as its Chief Executive
Officer. Corey has over 20 years of proven experience, both
domestically and internationally, in growing and leading both
private and public technology companies. He has been a senior
executive at such companies as AT&T, Westell Technologies, and
Southern Bell. Prior to joining Solicore, Mr. Corey most recently
held positions as: Founder and President of DaCo Solutions Group,
and President and COO of Daleen Technologies (NASDAQ:DALN). "Mr.
Corey brings a wealth of experience in building companies to
Solicore. I believe that his passion for new markets and
technologies coupled with his incredible drive to build great teams
and companies will make Solicore very successful," says Raj Atluru,
Solicore board member and Managing Director of Draper Fisher
Jurvetson. "I am very excited to become part of the Solicore team,"
stated Corey. "Our flexible lithium polymer batteries now allow a
new generation of devices to come to market with on-board battery
power. Our Flexion(TM) batteries are extremely well positioned to
become the dominant force in portable power solutions in our
targeted markets. No other products in the market today can match
our performance." Corey went on to state that the specific markets
that Solicore was targeting initially were smart cards, RFID
devices, and medical products. "The future looks extremely bright
for Solicore," said Corey. "We are currently working with over 20
companies around the globe on a wide variety of applications. What
these companies all have in common is the need for an ultra-thin
portable power solution for their products. Solicore's products
fulfill this need better than anyone else's can." Solicore
develops, manufactures, and markets ultra-thin, flexible lithium
polymer batteries under its Flexion brand that serve the smart
card, RFID and medical device markets. Their patented solid-state
electrolyte has helped create the next generation of lithium
polymer batteries. Solicore's headquarters, R&D and
manufacturing facilities are located in Lakeland, Florida. For more
information, visit http://www.flexion.com/ or
http://www.solicore.com/ . This press release contains
forward-looking statements, including statements containing the
words "planned," "expects," "believes," "strategy," "opportunity,"
"anticipates" and similar words. Such forward-looking statements
are subject to known and unknown risks, uncertainties or other
factors that may cause Solicore, Inc's actual results to be
materially different from historical results or any results
expressed or implied by such forward-looking statements. Solicore,
Inc. assumes no obligation to update any forward-looking statements
to reflect events or circumstances arising after the date hereof.
The potential risks and uncertainties, which could cause actual
growth and results to differ materially, include but are not
limited to, customer acceptance of the company's services, products
and fee structures, the success of the company's brand development
efforts, the volatile and competitive nature of the battery
industry, and changes in domestic and international market
conditions, and foreign exchange rates. DATASOURCE: Solicore Inc.
CONTACT: Kenneth E. Toops of Solicore, Inc., +1-863-603-7640, or
fax, +1-863-904-1479, or Web site: http://www.solicore.com/
http://www.flexion.com/
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