NUBURU Appoints Brian Knaley as new CEO
01 Novembro 2023 - 5:30PM
Business Wire
NUBURU, Inc. (“NUBURU” or the “Company”) (NYSE American:
BURU), a leading innovator in high-power and high-brightness
industrial blue laser technology, today announced the appointment
of Brian Knaley as the Company’s new Chief Executive Officer,
replacing Dr. Mark Zediker, who has left the Company to pursue
other opportunities. Mr. Knaley has also joined NUBURU’s Board of
Directors upon assuming the role.
Mr. Knaley, who had served as the Company’s Chief Financial
Officer since February 2022, has over 25 years of experience in
finance and operations. Prior to joining NUBURU, Mr. Knaley served
as the chief financial officer of CEA Industries Inc. (NASDAQ:
CEAD), a provider of controlled environmental solutions, and as
chief financial officer of Proximo Medical LLC, a start-up
specializing in the commercialization of medical devices. He also
served as senior vice president and interim chief financial officer
of ViewRay (NASDAQ:VRAY), a global manufacturer of MRI-guided
radiation therapy systems. Mr. Knaley holds a BA in Accounting from
Thomas More College and is a licensed CPA in the State of Ohio.
“NUBURU’s Board is focused on transforming the Company to
support the commercialization of our technology. As such, we are
pleased to appoint Brian as the Company’s new Chief Executive
Officer. He is an accomplished and respected leader with profound
expertise in scaling and operating public companies. We are
confident he is the right person to lead NUBURU’s next phase of
growth,” said Ron Nicol, Executive Chairman, NUBURU. “I look
forward to working with Brian in his new role as CEO, as well as
the rest of the Board and NUBURU leadership, to lead the Company
into a successful future. I also want to thank Mark for his
tireless work in setting the foundation for NUBURU.”
Brian Knaley, newly appointed Chief Executive Officer of NUBURU,
commented: “I am honored and excited for the opportunity to lead
NUBURU’s next phase of growth, working with the Board, Ron and my
management team to deliver sustainable value and results as a
public company. We have a great foundation in our cutting-edge blue
laser technology and along with the excellent NUBURU team we will
execute on the vast commercial opportunities ahead of us.”
About NUBURU
Founded in 2015, NUBURU, Inc. (NYSEAM: BURU) is a developer and
manufacturer of industrial blue lasers that leverage fundamental
physics and their high-brightness, high-power design to produce
faster, higher quality welds and parts than current lasers can
provide in laser welding and additive manufacturing of copper,
gold, aluminum and other industrially important metals. NUBURU’s
industrial blue lasers produce minimal to defect-free welds that
are up to eight times faster than the traditional approaches — all
with the flexibility inherent to laser processing. For more
information, please visit www.nuburu.net.
Forward-Looking Statements
This press release contains certain “forward-looking statements”
within the meaning of the United States Private Securities
Litigation Reform Act of 1995, Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended, including relating to its partnership with GE
Additive. All statements other than statements of historical fact
contained in this press release may be forward-looking statements.
Some of these forward-looking statements can be identified by the
use of forward-looking words, including “may,” “should,” “expect,”
“intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,”
“plan,” “seek,” “targets,” “projects,” “could,” “would,”
“continue,” “forecast” or the negatives of these terms or
variations of them or similar expressions. All forward-looking
statements are subject to risks, uncertainties, and other factors
which could cause actual results to differ materially from those
expressed or implied by such forward-looking statements. All
forward-looking statements are based upon estimates, forecasts and
assumptions that, while considered reasonable by NUBURU and its
management, are inherently uncertain and many factors may cause the
company’s actual results to differ materially from current
expectations which include, but are not limited to: (1) the ability
to continue to meet the security exchange’s listing standards; (2)
failure to achieve expectations regarding its product development
and pipeline; (3) the inability to access sufficient capital to
operate as anticipated, whether from Lincoln Park Capital Fund, LLC
or other sources; (4) the inability to recognize the anticipated
benefits of the business combination, which may be affected by,
among other things, competition, the ability of the company to grow
and manage growth profitably, maintain relationships with customers
and suppliers and retain its management and key employees; (5)
changes in applicable laws or regulations; (6) the possibility that
NUBURU may be adversely affected by other economic, business and/or
competitive factors; (7) volatility in the financial system and
markets caused by geopolitical and economic factors; (8) failing to
realize benefits from the partnership with GE Additive; and (9)
other risks and uncertainties set forth in the sections entitled
“Risk Factors” and “Cautionary Note Regarding Forward-Looking
Statements” in NUBURU’s most recent periodic report on Form 10-K or
Form 10-Q and other documents filed with the Securities and
Exchange Commission from time to time. These filings identify and
address other important risks and uncertainties that could cause
actual events and results to differ materially from those contained
in the forward-looking statements. Nothing in this press release
should be regarded as a representation by any person that the
forward-looking statements set forth herein will be achieved or
that any of the contemplated results of such forward-looking
statements will be achieved. You should not place undue reliance on
forward-looking statements, which speak only as of the date they
are made. NUBURU does not give any assurance that it will achieve
its expected results. NUBURU assumes no obligation to update or
revise these forward-looking statements, whether as a result of new
information, future events or otherwise, except as otherwise
required by applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20231101555921/en/
Investor Relations: Cody Slach & Ralf Esper Gateway
Group, Inc. BURU@gateway-grp.com (949) 574-3860
Media Relations: Zach Kadletz & Anna Rutter Gateway
Group, Inc. BURU@gateway-grp.com (949) 574-3860
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