ENEVATE APPOINTS CHIEF FINANCIAL OFFICER

Seasoned finance executive John B. Kennedy joins Enevate

Irvine, Calif. – May 17 2016 – Enevate Corporation, a global advanced Li-ion battery manufacturer, announces that John B. Kennedy has joined the company as its Chief Financial Officer. Kennedy brings a strong leadership history with privately held and publicly traded companies in various industries, including nearly 20 years in executive management positions.

“We are delighted to have John join the Enevate executive team. As we enter this next phase of growth for our company, John’s combination of startup, emerging, and public technology company experience will be invaluable to us,” says Chief Executive Officer Brian Wong. “I look forward to his contributions on strategic financial and business issues as we grow Enevate into a leader in the Li-ion battery and energy storage space.”

Previously, Kennedy served as chief financial officer for Sprocket Media and SolarBridge Technologies. Before joining SolarBridge, he served as vice president of finance and administration for Primarion, director of finance for ValueClick, and in other leadership roles.

“Enevate’s innovative HD-Energy® Technology promises to shake up the smartphone and mobile device market and is positioned to disrupt the marketplace,” says Kennedy. “I look forward to contributing to Enevate’s efforts in ramping and scaling silicon Li-ion batteries into volume production for a high growth and differentiated business.”

Kennedy earned a BS degree in finance and accounting from Elmira College in New York. He began his career with KPMG.

 

About Enevate

Enevate Corporation is an advanced rechargeable energy storage company focused on next generation mobile devices and drones with global headquarters in Irvine, CA. Enevate’s silicon Li-ion batteries, with its breakthrough HD-Energy Technology, delivers significant performance improvement over conventional Li-ion batteries. Investors include Mission Ventures, Draper Fisher Jurvetson, Tsing Capital, Infinite Potential Technologies, Presidio Ventures – a Sumitomo Corporation company, and CEC Capital. Enevate, the Enevate logo, and HD-Energy are registered trademarks and eBoost is a trademark of the Enevate Corporation.

 

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Media Contact:

Lynn Lewis, on behalf of Enevate
media@enevate.com

+1 480.775.8880