Quantum Materials Corp Appoints Sri Peruvemba CEO
Post# of 22456
SAN MARCOS, Texas, June 14, 2016 (GLOBE NEWSWIRE) -- Leading North American quantum dot manufacturer Quantum Materials Corporation (OTCQB:QTMM) announced that company board member Sri Peruvemba will be expanding his leadership role with the company to take the helm as Chief Executive Officer effective June 30, 2016. While founder and current CEO Stephen Squires will continue to have a strategic role, this change will enable Mr. Squires to focus more effort on Solterra Renewable Technologies, the wholly-owned subsidiary developing solar cells where QMC’s proprietary tetrapod technology offers promise to be a predominant QD photovoltaics technology. In addition, Mr. Squires will continue his role as CEO of Quantum Materials Asia Co., Ltd., the company’s joint venture with Guanghui Technology Group (“GTG”) announced in January, 2016.
Sri Peruvemba, CEO, Quantum Materials Corp
“Since joining Quantum Materials as a director, Sri’s deep knowledge and experience in the display industry has been crucial to advancing opportunities for the company in our most important and immediate market – quantum dots for next-generation displays,” said Quantum Materials Corp founder and CEO, Mr. Stephen Squires. “We are excited to have him expand his role with us as Chief Executive Officer and welcome his ‘display-centricity’ as it is precisely that focus which will drive our success in delivering superior non-heavy metal quantum dots to our current and future clients.”
“Our company is making great progress with product development and the market conditions are right for rapid growth in quantum dot technology for electronic displays,” said Mr. Daniel Carlson, Chairman of the Board. “With Sri and Stephen leading key initiatives for the company, we are well poised to grow Quantum Materials Corp within the display industry while positioning the company to be a market leader as other uses for quantum dots begin to commercialize.”
Over the course of his 25 years in the industry, Mr. Peruvemba has been an influential advocate in the advancement of electronic display technology. He is a widely respected expert on displays, and related technologies and consults, writes, and presents on those subjects globally. Mr. Peruvemba is the CEO of Marketer International, a marketing services firm, and serves on the board of The Society for Information Display (SID). He was previously CMO for E Ink Corporation. Mr. Peruvemba has also held senior level positions at Sharp Corp, TFS Inc., Planar Systems, and Suntronic Technology.
“This is truly an exciting time for technological advancement in the display industry, and I am thrilled to have the opportunity to work at the forefront of that advancement. The adoption of quantum dot technology within the display industry is accelerating and I believe that our continuous flow manufacturing process has us positioned to be an industry leader,” said Mr. Peruvemba. “I thank Stephen and the board of directors for their confidence in me and look forward to working with the team and our display industry partners to fulfill our destiny.”
About Quantum Materials Corp
Quantum Materials Corporation (QMC) develops and manufactures quantum dots and nanomaterials for use in medical, display, solar energy and lighting applications through its patented volume production process. QMC's volume manufacturing methods enable consistent quality and scalable cost reductions to drive innovative discovery to commercial success. The company’s technology continues to move the future of quantum dots to the present. QMC’s products are the foundation for technologically superior, energy efficient and environmentally sound LCD UHD displays, the next generation of solid-state lighting, solar photovoltaic power applications, advanced battery and energy storage solutions, biotech imaging, and biomedical theranostics. Wholly-owned subsidiary Solterra Renewable Technologies develops sustainable quantum dot solar technology.
For more information follow Quantum Materials Corp at www.QMCDOTS.com and on LinkedIn and Twitter.
http://www.digitaljournal.com/pr/2972452
AND THIS
WAY AHEAD OF THE PACK http://www.qmcdots.com/QMC-DisplayWeek-AL-5-16.pdf
AND THIS
tem 7.01 Regulation FD Disclosure
On January 27, 2016, the Company issued a press release announcing that the company has entered into a joint venture with Guanghui Technology Group (“GTG”) whereby GTG will invest $20 Million US into the joint venture for building out Quantum Materials QDX™ quantum dot production facilities and quantum dots application development in China. The joint venture will be registered in Hong Kong and operated as Quantum Materials Asia Co., Ltd. Under the terms of the agreement, cash distributions by the joint venture will be split 50% - 50% between the Company and GTG. The Company and GTG will each appoint three members of the joint venture’s board of directors, and Stephen Squires, Quantum Materials Corp. President and CEO will serve as the joint venture’s CEO.
https://www.sec.gov/Archives/edgar/data/14035...erials.htm
AND THIS
The list put together by Sri Peruvemba, CEO of Marketer International and Head of Marketing for the Society for Information Display, includes wearables, curved screens, quantum dots, more pixels/enhanced readability, better image quality, immersive virtual reality, flexible & foldable/rollable displays, secondary displays, displays for writing and haptic enabled displays
http://www.pddnet.com/news/2015/05/top-10-display-trends
AND THIS
http://www.meko.co.uk/content/videos/471-disp...-week-2016