Micromem Technologies Inc. Appoints New Independent Director
24 Fevereiro 2014 - 5:02PM
Micromem Technologies Inc. (the "Company")
(CSE:MRM) (OTCQB:MMTIF) announces Brian Von Herzen, Ph.D. has
been appointed by the Board of Directors as an Independent
Director. Dr. Von Herzen is a graduate of Caltech, Princeton and a
recipient of the Hertz Foundation Fellowship, with extensive
experience in the design and development of electronic systems and
integrated circuits as well as software systems and
hardware/software co-design. He has developed software and
hardware systems ranging from apps on smartphones to multi-GHz
correlating spectrometers for the Caltech Submillimeter
Observatory. He has extensive experience with electronic and
optical system development for commercial electronic products.
Since 1993, Dr. Von Herzen has served as Chief Executive Officer
at Rapid Prototypes, Inc. providing turnkey electronic product
design services, including commercial product specifications and
fully functional engineering product prototypes, frequently using
programmable logic devices. Rapid Prototypes are experts in the
electronic engineering technologies to minimize time to market for
new electronic products in networking, consumer electronics and
other commercial products. They also have developed some of
the world's fastest commercial FPGA applications. Dr. Von
Herzen also serves on the board of directors of the Climate
Foundation and Bright Energy Storage Technologies, LLP.
About Micromem and MASTInc
MASTInc is a wholly owned U.S.-based subsidiary of Micromem
Technologies Inc., a publicly traded (OTCQB:MMTIF) (CSE:MRM)
company. MASTInc analyzes the specific industry sectors to create
intelligent game-changing applications that address unmet market
needs. By leveraging its expertise and experience with
sophisticated magnetic sensor applications, MASTInc successfully
powers the development and implementation of innovative solutions
for healthcare/biomedical, natural resource exploration,
government, information technology, manufacturing, and other
industries. Visit www.micromeminc.com www.mastinc.com.
Safe Harbor Statement
This press release contains forward-looking statements. Such
forward-looking statements are subject to a number of risks,
assumptions and uncertainties that could cause the Company's actual
results to differ materially from those projected in such
forward-looking statements. In particular, factors that could cause
actual results to differ materially from those in forward looking
statements include: our inability to obtain additional financing on
acceptable terms; risk that our products and services will not gain
widespread market acceptance; continued consumer adoption of
digital technology; inability to compete with others who provide
comparable products; the failure of our technology; the
infringement of our technology with proprietary rights of third
parties; inability to respond to consumer and technological
demands; inability to replace significant customers; seasonal
nature of our business; and other risks detailed in our filings
with the Securities and Exchange Commission. Forward-looking
statements speak only as of the date made and are not guarantees of
future performance. We undertake no obligation to publicly update
or revise any forward-looking statements. When used in this
document, the words "believe," "expect," "anticipate," "estimate,"
"project," "plan," "should," "intend," "may," "will," "would,"
"potential," and similar expressions may be used to identify
forward-looking statements.
The CSE or any other securities regulatory authority has not
reviewed and does not accept responsibility for the adequacy or
accuracy of this press release that has been prepared by
management.
Listing: NASD OTC-Bulletin Board - Symbol:
MMTIF
CSE - Symbol: MRM
Shares issued: 168,871,451
SEC File No: 0-26005
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home page. www.micromeminc.com
CONTACT: Investor Contact: info@micromeminc.com
Tel. 416-364-2023
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