Jan 2, 2019

ReVolt attracts battery industry veteran to lead global business development 14 Jul, 2009 ReVolt attracts battery industry veteran to lead global business development Staefa, Switzerland, July 14, 2009 – ReVolt Technology, Ltd, a technology company, which has developed a rechargeable zinc-air battery, today announced that Harvey Mancey has joined the company as its Vice President of Business Development. Mr. Mancey will lead the global business development activities of ReVolt Technology focusing his efforts on the development of important strategic partnerships, product and commercialization strategies as well as the overarching development of the necessary ecosystem for Revolt’s rechargeable energy storage solutions. Harvey Mancey is a battery industry veteran entrepreneur with a high impact background in product management, applications engineering and business development. During the past 20 years, Mr. Mancey has held senior management positions with European, US and Asian companies such as Varta GmbH, AEA Technology PLC, Polystor Corporation, Valence Technology (VLNC) and Tianjin Lishen Battery Joint Stock Co. Ltd. His experience includes successful partnership development with suppliers and customers in launching an impressive array of cutting edge battery technologies into the consumer electronics, automotive and industrial markets. Early in his career at Varta GmbH, Mr. Mancey was instrumental in the turnaround of a declining business division resulting in the creation of the most profitable product group within the company. He pioneered the development of new markets and successfully led the company into new areas of business. Mr. Mancey has recently joined ReVolt from Tianjin Lishen Battery Joint Stock Co., Ltd, one of the world’s leading manufacturers of lithium-ion and lithium polymer batteries, where he was retained as a business development consultant in the position of General Manager. During his tenure as General Manager he was responsible for establishing the company in Europe and led the sales team in identifying and acquiring global OEM customers. Harvey is a qualified electronics engineer and served with the UK Ministry of Defence during his electronics apprenticeship. “I am excited to have the opportunity to join ReVolt Technology and help bring its disruptive rechargeable Zinc-Air technology to full commercialization. It is great to be part of a truly international team of experts focused on meeting the needs of the world’s ever growing demand for clean and reusable energy solutions,” stated Harvey Mancey, VP of Business of Development, Revolt Technology. “The addition of Harvey’s leadership and experience is indeed welcome and very much complimentary at this stage of the company’s development,” stated James P. McDougall, CEO of ReVolt Technology. “His extensive industry acumen and leadership skills combined with his key industry relationships are invaluable. We welcome Harvey to the ReVolt team and very much look forward to his leadership contribution.”   About ReVolt Technology ReVolt Technology Ltd. is a technology company, which has developed a rechargeable zinc-air battery. ReVolt’s batteries may enable more high-power consumer devices and increase the lifetime of existing consumer devices significantly. The technology is a result of six years of intense research and development at SINTEF (the largest independent research institute in Scandinavia). Research on material combinations has solved issues historically related to the metal-air technology; power, lifetime and rechargeability. Further information on ReVolt Technology is available on the Internet at www.revolttechnology.com Holdings Verdane funds invest in companies with a strong growth potential, mainly within consumer internet, software, energy and advanced industrial sectors. The funds have invested in over 300 companies since 2003.