ReVolt Technology appoints James P. McDougall as CEO

Stäfa, Switzerland, February 29, 2008 -   -   ReVolt Technology Ltd. has appointed the battery industry veteran Mr. James P. McDougall as Chief Executive Officer. Mr. McDougall will be replacing Dr. Dieter Woschitz as CEO, who has acted as a temporary CEO. 

ReVolt Technology has developed a rechargeable Metal-air (Zinc-air) battery, which represents a breakthrough in battery performance with a substantially higher energy density at a competitive price compared to other rechargeable batteries. Mr. McDougall will work closely with the board and Venture Capital investors to develop and grow the company, and strengthen ReVolt's position as an emerging key player in the mobile battery technology market.

James P. McDougall is a battery industry veteran and entrepreneur with experience in commercializing new technologies. During the last 20 years he has held senior management positions in North America, Asia and Europe in the battery and printed electronics industries. His career focus has been developing and executing growth strategies for companies and their disruptive technologies in the global consumer electronics and enterprise & financial security network markets

Mr. McDougall began his career at International Components Corporation (ICC), a world leader in battery charger technology. At ICC, he held a variety of executive positions including Managing Director of the Power Supply Division where he was responsible for worldwide sales, marketing and operations.

As Director of Marketing and Licensing at Valence Technology (NASDAQ: VLNC), he was responsible for corporate marketing and licensing of its proprietary lithium polymer battery and material technology where he successfully marketed Li-polymer battery solutions to OEMs and licensed related technology to top tier battery manufacturers.

Later, he was a consultant to Dow Chemical Corp.  for the spin out and formation of Aveso Displays, a pioneer in printed electronic displays. Subsequently, he led the business development efforts of Aveso Displays as VP of Global Sales.

At Solicore, a producer of thin, flexible, lithium polymer batteries featuring a proprietary solid polymer electrolyte, he established the Flexion® battery line and strategic positioning in the powered card market. In his last assignment, as EVP of Sales and Business Development, he led the company’s transition to commercialization by securing several global distribution and purchase contracts. 

Mr. McDougall graduated with honours and high distinction from Thunderbird, The School of Global Management with an MBA in International Management and holds a B.S. Degree in International Business from Ferris State University.
  

About ReVolt (www.revolttechnology.com)