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Tuesday, 06/16/2020 8:04:48 AM

Tuesday, June 16, 2020 8:04:48 AM

Post# of 1696
NEWS -- EEStor appoints Gooch director; Cuesta resigns

2020-06-16 02:01 ET - News Release

Mr. Ian Clifford reports

EESTOR CORPORATION ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS

EEStor Corp. has appointed Gregory Gooch to the company's board of directors.

Leveraging his multifaceted career in the fields of electronics and finance, Greg has been active in funding and advising start-ups and new technology companies for over 40 years. Greg has been involved with EEStor since its early days and has remained a significant supporter and consultant to the company over the years. His current directorship and managerial roles, in 4 private companies, brings a wealth of practical fiduciary and management experience to EEStor. Greg holds a B. Eng. from McGill University and an MBA Western University.

Ian Clifford, Founder and CEO of the Company, commented: "As the Company pursues strategic technology acquisitions, the addition of Greg to the Board was a tactical choice. His broad industry knowledge and experience, specifically in mergers and acquisitions, adds significant expertise to the Board and the Company as a whole, as we continue this pivotal acquisition process."

The Company also announces that, effective June 14th, 2020, it has accepted the resignation of Mr. Noel Cuesta from the board of directors. The Company thanks Mr. Cuesta for his services and wishes him all the best in his future endeavours.

About EEStor

EEStor is a developer of high energy density solid-state capacitor technology utilizing patented Composition Modified Barium Titanate (CMBT) material. EEStor is committed to providing commercially viable and sustainable energy solutions across a broad spectrum of industries and applications.

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