Exro Technologies (CSE: XRO) (OTCQB: EXROF), a leading technology company that has developed a new class of power electronics for powertrains, today announced that Richard Meaux, a proven industry innovator in marketing, digital and internet of things “IoT” strategies, has joined Exro as its new chief of marketing (“CMO”). Meaux brings diverse experience in the power conversion industry, having begun his career with GE as part of the Commercial Leadership program and going on to hold roles in engineering, sales, marketing, and product management. “Richard is an exceptional marketing executive, with experience in the electric motor industry and most recently, with implementing new digital innovations that drove expanded market share for GEIM,” Exro’s CEO, Sue Ozdemir, said in the news release. “Having worked with Richard for many years during our time at GE, I am confident that his technical background, management expertise and innovative strategies will enable him to take Exro to the next level.”
To view the full press release, visit http://ibn.fm/fT0U5
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, “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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