WTWO's Mike McLaren, President and CEO of W2 Energy, stated, "As W2 Energy prepares to enter into the manufacturing stage of development, several changes have been necessary in order for us to ensure the vision and success of our operations. Because of this, we have decided to part ways with David Freund our previous VP of Development. We are grateful for all his previous efforts and wish him the very best with his future endeavors." He also stated, "We are extremely pleased with the work Dr. Teiseh has already preformed for us and look forward to his future success with the development and manufacturing of our technology."