SANTA CLARA, CA -- (Marketwire) -- 09/08/10 -- CNano Technology Limited (CNano) announced the appointment of Dr. Tao Zheng to the role of Chief Operating Officer. Dr. Zheng will be responsible for the strategic and operational leadership of CNano's sales, marketing, operations and product management on a global basis. Dr. Zheng most recently served as China President and head of powder business unit of A123 Systems, one of the world's leading suppliers of high-power Lithium ion batteries for automobile, power grid and power tool applications. Prior to A123, he was the Founder and President of PowerGenie, the fourth largest Lithium ion battery cathode material provider in China today. Dr. Zheng was also the Founder and CTO of Voltix Technologies, a Lithium ion battery company, and was a research scientist at Telcordia (formerly Bellcore), where he engaged in development of plastic Lithium ion batteries.
"I am extremely excited to have Tao join CNano's executive leadership team where we will benefit immensely from his extensive experience in energy storage, proven record of success and passion for advanced technology," said Xindi Wu, President and CEO of CNano. "More than ever, CNano's growth opportunities abound as a result of our strategic positioning and product innovations in energy storage. Tao's leadership will help ensure we take this potential and fully realize the growth opportunities before us."
"I appreciate all of the opportunities that A123 has provided to me during the last six years and I'm thrilled to bring that experience to CNano," said Dr. Tao Zheng. "As the global leader of carbon nanotube based products for energy storage applications, CNano is positioned to deliver battery performance improvements to meet the ever increasing demand for energy density of Lithium ion batteries in consumer electronics, and emerging battery requirements for electrical automobiles."
About CNano
CNano was founded in 2007 to change the economics of producing a wide range of applications based on extremely pure carbon nanotubes, focusing on energy storage and electronic applications. The company's headquarters are in Santa Clara, CA with manufacturing located in China. CNano has significant intellectual property, existing products, and established customers. It has received venture capital funding from CMEA Capital, Pangaea Ventures, and WI Harper.
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Contact information:
Xindi Wu
President and CEO
CNano Technology Limited
3333 Bowers Ave., Suite 130
Santa Clara, CA 95054
USA
Phone: 408-826-0918
Fax: 408-899-5157
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