Applied Nanotech
Holdings, Inc. (OTC BB: APNT) announced that Paul Rocheleau has been elected
Vice-Chairman of the Company's Board of Directors. In his role as Vice-Chairman,
Paul will take an increased role in guiding company activities, with a focus
on helping monetize our intellectual property by exposing it to strategic users
with the ability to bring product rapidly to market and generate revenue for
the Company.
Mr. Rocheleau has extensive experience in the global materials and chemicals
industry. He is currently Chairman of the Board and Chief Investment Officer
of Virginia Biosciences Commercialization Center. Over the past three years,
he provided strategic and financial advisory services for a range of technology
and industrial companies as a Managing Director at Cary Street Partners, a regional
investment banking firm based in Richmond, Virginia. Prior experience included
positions as Senior VP and Chief Financial Officer of Albermarle Corporation,
a $2.0 Billion NYSE listed chemical company, and 15 years, including three as
CEO, with Albright & Wilson, PLC, a $1.2 billion multinational chemical
company.
Mr. Rocheleau currently serves on the Board of Directors of NanoChemonics,
a specialty nano- materials company and serves on the Advisory Board Apex Systems,
a $400 million IT staffing company. He also is a Founding Trustee of the Virginia
Commonwealth University School of Engineering, where he currently serves as
President of the Foundation.
"Paul has become integrally involved with us as a strategic advisor,"
said Doug Baker, Chief Executive Officer of APNT. "His new perspective
has been invaluable to us and his increased level of involvement will be very
helpful to us as we continue to increase our revenue and move the company to
profitability."
"I am excited by the wealth of opportunities in front of us," said
Paul Rocheleau, Director of APNT. "I am looking forward to helping bring
these revolutionary technologies to market."
"All of our Board Members are working harder than ever to make the company
successful," said Dr. Robert Ronstadt, Chairman of APNT. "It is encouraging
to see that Paul is willing to go above and beyond the call of duty. His background
in strategy and financing of emerging technologies will be very helpful in the
years ahead."