INI Power Systems Announces Appointment of Chief Executive Officer



    
    Steve Gallo will lead company at 10th Grove Fuel Cell Symposium in London,
    UK Sept. 25-27th
    

    MORRISVILLE, N.C., Sept. 24 /CNW/ -- INI Power Systems, Inc. (INI), the
developer of direct methanol Laminar Flow Fuel Cell (LFFCa) products is
pleased to announce the appointment of Steve A. Gallo as the Company's Chief
Executive Officer.
    Mr. Gallo's chief responsibilities will be to manage the advanced
development and commercialization of the company's patented Laminar Flow Fuel
Cells along three portable power product lines: dismounted soldier/military
applications, commercial/industrial and consumer electronics.
    "INI is a leading contender to bring fuel cell systems to market enabling
functionality, improved operating lifetime and enhanced performance for
portable applications. INI is targeting performance and cost objectives with
our unique LFFCa technology that can make fuel cell systems accessible to high
volume consumer electronics markets," said Mr. Gallo. "I am excited to join a
dynamic company with such exceptional prospects for growth and I look forward
to leading INI in its next phase of advanced development and
commercialization."
    Mr. Gallo has 20 plus years experience in general business management of
growth initiatives and new product offerings, primarily in the high technology
sector of electronic materials, components and communications. He most
recently served in a number of leadership positions in DuPont's Electronics
and Communications Technologies platform where he had P&L and business
leadership responsibility in the areas of authentication devices, PDP and OLED
display components and multilayer ceramic IC packages. He holds a B.S. degree
in Electrical Engineering from the University of Delaware.
    Larry Markoski, President and Chief Technology Officer of INI commented,
"The timing of the appointment of a CEO is in recognition of our rapid
technology development demonstrated in key market segments. We have
successfully delivered pre-production systems to the US Army and have begun
joint development efforts with an OEM partner in the consumer electronics
market. Steve's skills in product and business development will ensure
successful commercialization of INI's products."
    
    About 10th Grove Symposium
    
    INI's booth can be found at stand A7051 at the USA Pavilion where the
company will demonstrate its Laminar Flow technology concepts and product
development efforts.
    
    About INI Power Systems:
    
    INI is focused on commercializing direct methanol Laminar Flow Fuel Cells
that combine methanol -- a high energy density and logistically friendly
liquid fuel -- with a revolutionary fuel cell concept. For more information,
please visit: www.inipower.com.
    
    Anthony Atti
    919-677-7112
    




For further information:

For further information: Anthony Atti, +1-919-677-7112 Web Site:
http://www.inipower.com

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INI POWER SYSTEMS, INC.

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