Energy Conversion Devices Names Paul Ryznar as Vice President of Manufacturing
26 4월 2006 - 12:45AM
PR Newswire (US)
ROCHESTER HILLS, Mich., April 25 /PRNewswire-FirstCall/ -- Energy
Conversion Devices, Inc. (ECD Ovonics) (NASDAQ:ENER) today
announced that it has named Paul Ryznar as Vice President,
Manufacturing. Mr. Ryznar will report to James R. Metzger,
Executive Vice President and Chief Operating Officer. The
Production Technology and Machine Building Division at ECD Ovonics,
led by Dr. Masat Izu, will report directly to Mr. Ryznar. Stanford
R. Ovshinsky, President, Chief Scientist and Technologist, will
continue to lead the technology aspects of ECD Ovonics' business.
Robert C. Stempel, ECD Ovonics Chairman and CEO, said, "With over
20 years of engineering and operations management experience in a
manufacturing and machine tools environment, Paul is an important
addition to the ECD Ovonics team. Paul formerly worked at the GM
Powertrain Division from 1985 to 1993; most recently he has been a
major contributor to the success of Detroit Diesel's expansion and
cost-reduction activities." "Paul's primary task is to ensure that
we rapidly increase our PV machine- building capability in order to
accelerate United Solar Ovonic's PV panel production. By bringing a
repetitive manufacturing focus to the completion of manufacturing
plants, we expect to see a significant reduction in costs and build
time, together with a concurrent increase in quality and speed to
full production," James R. Metzger said. "Working closely with Stan
Ovshinsky, Paul will also bring a structured approach to
implementing new technology into the build sequence of new
manufacturing plants, ensuring United Solar Ovonic maintains its
position as the most advanced manufacturer of thin-film solar
products." Commenting on his appointment, Mr. Ryznar stated, "I
look forward to applying the experience gained over the past 20
years within the high- precision, high-growth environments of
Detroit Diesel, Bosch Kentwood, and General Motors to ECD Ovonics'
aggressive growth curve. The vision and efforts of Stan Ovshinsky
have built a strong foundation for ECD Ovonics' success. My
intention is to build off this foundation through the
implementation of new tools, technology, and processes designed
specifically to increase both shareholder value and the overall
value proposition. ECD Ovonics is recognized as an innovator and
leader in the renewable energy field and, given the current
worldwide energy situation, I'll have the opportunity to focus ECD
Ovonics' engineering talent on the extraordinary growth potential
in its solar cell business and truly build an industry of the
future." Mr. Ryznar holds a Bachelor of Science degree in
Mechanical Engineering and a Masters in Business Administration
from the University of Michigan. Prior to joining ECD Ovonics, Mr.
Ryznar was President of OPS Solutions LLC, a company developing and
commercializing revolutionary new products for the manufacturing
industry. About ECD Ovonics: ECD Ovonics is the leader in the
synthesis of new materials and the development of advanced
production technology and innovative products. It has invented,
pioneered and developed its proprietary, enabling technologies in
the fields of energy and information leading to new products and
production processes based on amorphous, disordered and related
materials. The Company's portfolio of alternative energy solutions
includes Ovonic thin-film amorphous solar cells, modules, panels
and systems for generating solar electric power; Ovonic NiMH
batteries; Ovonic hydride storage materials capable of storing
hydrogen in the solid state for use as a feedstock for fuel cells
or internal combustion engines or as an enhancement or replacement
for any type of hydrocarbon fuel; and Ovonic fuel cell technology.
ECD Ovonics' proprietary advanced information technologies include
Ovonic phase-change electrical memory, Ovonic phase-change optical
memory and the Ovonic Threshold Switch. ECD Ovonics designs and
builds manufacturing machinery that incorporates its proprietary
production processes, maintains ongoing research and development
programs to continually improve its products and develops new
applications for its technologies. ECD Ovonics holds the basic
patents in its fields. This release may contain forward-looking
statements within the meaning of the Safe Harbor Provisions of the
Private Securities Litigation Reform Act of 1995. Such
forward-looking statements are based on assumptions which ECD
Ovonics, as of the date of this release, believes to be reasonable
and appropriate. ECD Ovonics cautions, however, that the actual
facts and conditions that may exist in the future could vary
materially from the assumed facts and conditions upon which such
forward-looking statements are based. The risk factors identified
in the ECD Ovonics filings with the Securities and Exchange
Commission, including its automatic shelf registration statement
and related preliminary prospectus supplement, the company's most
recent Annual Report on Form 10-K and the company's most recent
Quarterly Report on Form 10- Q could impact any forward-looking
statements contained in this release. DATASOURCE: Energy Conversion
Devices, Inc. CONTACT: Ghazaleh Koefod - Investor Relations of
Energy Conversion Devices, Inc., +1-248-293-0440 Web site:
http://www.ovonic.com/
Copyright
Accretion Acquisition (NASDAQ:ENER)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024
Accretion Acquisition (NASDAQ:ENER)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024