Exro Technologies (CSE: XRO) (OTCQB: EXROF) today
announced that proven industry innovator in automotive and power electronics,
Eric Hustedt, has joined Exro as its new Chief of Engineering. In this new
role, Hustedt will be instrumental in advancing the next phase of the rapid
commercialization of Exro’s technology, which dramatically improves the
performance of the world’s electric motors and power trains. Hustedt will be
consolidating the previous responsibilities of the VP of Engineering held by
Torsten Broeer, who is retiring, and Chief Technology Officer, Ari Berger, who
will complete his role with Exro in June. “I am excited Eric has agreed to join
Exro and lead further engineering innovations as Chief of Engineering in our
Calgary operation,” Exro CEO Sue Ozdemir stated in the news release. “This is
another carefully considered addition to our team as we rapidly commercialize
Exro’s disruptive technology and increase our focus on the mobility industry. I
also want to take this opportunity to thank both Torsten and Ari for their
contributions to Exro.”
To view the full press release, visit http://ibn.fm/zeyRC
About Exro Technologies Inc.
Exro is a Clean Tech company that has developed a new class
of control technology for electric powertrains. Exro’s advanced motor control
technology, its “Coil Driver,” expands the capabilities of electric motors and
powertrains. The Coil Driver enables two separate torque profiles within a
given motor. The first is calibrated for low speed and high torque, while the
second provides expanded operation at high speed. The ability to change
configuration allows efficiency optimization for each operating mode, resulting
in overall reductions in energy consumption. The controller automatically and
seamlessly selects the appropriate configuration in real-time so that torque
demand and efficiency are optimized.
The limitations of traditional electric machines and power
technology are becoming more evident. In many increasingly prominent
applications, traditional methods cannot meet the required performance. This
means either oversizing the equipment, adding additional motors, or
implementing heavy mechanical geared solutions. Exro offers a new solution for
system optimization through implementation of the technology which can yield
the following results: increased drive cycle efficiency, reduced system volume,
reduce weight, expanded torque and speed capabilities. Exro allows the
application to achieve more with less energy consumed. For more information,
visit the company’s website at www.Exro.com.
NOTE TO INVESTORS: The latest news and updates
relating to EXROF are available in the company’s newsroom at http://ibn.fm/EXROF
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