Finance and Technology Executive Sameer V. Rao Joins Enevate Corporation

Irvine, Calif. – October 18, 2016 – Enevate Corporation, a global advanced Li-ion battery developer, announces that Sameer V. Rao has joined the company as its Chief Financial Officer. Sameer brings more than 21 years of industry experience in technology and finance, and comes to Enevate from MaxLinear Inc. where, as a finance executive, he led the financial planning and analysis, treasury, facilities, and business systems areas.

“Sameer’s background and experience in finance and engineering is rare and will enable him to quickly understand and contribute to Enevate’s goals,” says chief executive officer, Robert A. Rango. “To achieve our corporate goals Sameer will help guide and improve efficiency of our manufacturing, supply chain management, engineering as well as financial operations.”

In addition to his most recent role at MaxLinear, Sameer served as a financial leader responsible for the Operations and Manufacturing finance functions for Broadcom Corporation, a Fortune 500 corporation. While there, he also served as product and program manager for the Power Management unit of the Mobile and Wireless Group. Prior to his roles at Broadcom, he served as a management consultant at PRTM. He began his career as a highly respected technical team member on several successful engineering projects at Rockwell International and Conexant Systems.

“Enevate’s innovative HD-Energy® Technology is poised to disrupt the smartphone and mobile device marketplace, and has potential in the electric vehicle market as well,” says Sameer. “I look forward to growing this business and taking our silicon-dominant Li-ion battery technology into high volume production.”

Sameer holds an MBA from the Marshall School of Business at the University of Southern California, an MS in electrical engineering from University of North Carolina at Charlotte, and a BS in electronics and communications engineering from Manipal Institute of Technology in India.

About Enevate

Enevate Corporation is an advanced rechargeable energy storage company focused on next generation mobile devices and electric vehicles with global headquarters in Irvine, CA. Enevate’s silicon-dominant 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