Ener1 Forms Ener1 Technology Corp.; New Company Set to Introduce Market First Technologies for the Energy Industry Next Month.Business Editors/Technology Writers FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--Sept. 26, 2001 Ener1 Holdings Inc. today announced the formation of Ener1 Technology Corp. and said it has named Jonathan New, its chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , to the additional post of chief operating officer of Ener1 Technology Corp. and Dr. Peter Novak, its founder, as chief scientist of Ener1 Technology Corp. Ener1 Technology Corp. will market technologies that utility, mobile-communications and consumer-electronics companies can incorporate into their products to prevent harmful emissions of electromagnetic radiation electromagnetic radiation, energy radiated in the form of a wave as a result of the motion of electric charges. A moving charge gives rise to a magnetic field, and if the motion is changing (accelerated), then the magnetic field varies and in turn produces an . In addition, the company will market innovative software packages for multi-purpose applications and conduct materials research to create new products for the energy industry. "Ener1 Technology Corp. is focused on bringing to market new technologies in the energy industry," New said. "We're gearing up for next month's worldwide introduction of our first technologies and have already received strong support and interest from both the scientific and engineering communities." New, 41, is based in the company's Fort Lauderdale, Fla., headquarters and will oversee Ener1 Technology Corp.'s worldwide operations. He has 20 years of experience with both public and private companies in a wide range of industries, including equipment finance and Web and wireless application development. New previously worked for Delta Financial Corp., a New York-based mortgage banking company that he helped take public. He has also worked as a financial consultant. New is a certified public accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. as well as a certified financial planner Certified Financial Planner (CFP) A person who has passed examinations accredited by the Certified Financial Planner Board of Standards, showing that the person is able to manage a client's banking, estate, insurance, investment, and tax affairs. . Novak, 48, works in the company's Fort Lauderdale headquarters and La Spezia La Spe·zia A city of northwest Italy east-southeast of Genoa on the Gulf of La Spezia, an arm of the Ligurian Sea. The city is a major seaport and year-round resort. Population: 90,800. Noun 1. , Italy, research and development facility. He will lead Ener1 Technology Corp.'s research and development efforts and oversee its team of international scientists. For more than 25 years, Novak has focused his scientific research in the areas of defect structure and transport properties of oxygen vanadium bronzes Va`na´di`um bronze` 1. (Chem.) A yellow pigment consisting of a compound of vanadium. . From 1978-1990, Novak was manager of the Science Academy of the former Soviet Union, where he focused on research of new cathode materials for the development of lithium batteries Lithium batteries are primary batteries that have lithium metal or lithium compounds as an anode. Depending on the design and chemical compounds used lithium cells can produce voltages from 1.5V to about 3V, twice the voltage of an ordinary zinc-carbon battery or alkaline cell. for military applications. Novak holds a doctorate in solid-state physical chemistry from the Institute of Solid State Chemistry in Russia and a degree in science with a special focus in experimental nuclear physics from Ural Polytechnic Institute's Physics and Technical Department. About Ener1 Holdings Ener1 Holdings Inc. specializes in the research, development, production and global marketing of advanced technologies for the energy industry, including fuel cells and high-output lithium batteries. The company is headquartered in Fort Lauderdale, Fla., and has research and development facilities in La Spezia, Italy. For more information, visit http://www.ener1.com or call (954) 202-4442. Editor's Note Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat. Trained by D. : Photographs of New and Novak available on request. |
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