Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that has developed a new class of power electronics for electric motors and powertrains, has appointed Alan Gaines as its newest member of the board of directors. Gaines is a globally respected and highly experienced investment banker, advisor and entrepreneur. He has deep insight and experience in the clean tech sector, including electric vehicles, battery technology, and energy storage and infrastructure. In addition, company officials noted that his strong background in financial and governance would be invaluable as the company navigates uplisting procedures, M&A and corporate development. With more than three decades of experience, Gaines will provide direction as Exro expands its product portfolio and continues to mature as a company publicly listed on the Toronto Stock Exchange (“TSX”). Gaines currently serves as chairman and CEO of ALG Corp and offers expertise in large-scale capital formation, board protocol and corporate governance. “As we continue to grow our business and expand our offerings in the clean-tech market, I’m very excited to have Gaines join us with his financial expertise,” said Exro CEO Sue Ozdemir in the press release. “I’m confident his insight will help us accelerate the impact of Exro’s technology as countries announce more ambitious electric vehicle targets on a global scale.”
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About Exro Technologies Inc.
Exro is a clean-technology company pioneering intelligent control solutions in power electronics to help solve the most challenging problems in electrification. Exro has developed a new class of control technology that expands the capabilities of electric motors, generators and batteries. Exro enables the application to achieve more with less energy consumed. Exro’s advanced motor control technology, the Coil Driver(TM), expands the capabilities of powertrains by enabling intelligent optimization for efficient energy consumption. Exro is working with many partners from all over the world to bring their technology to the electric mobility industries and beyond. For more information about the company, please visit
www.Exro.com.
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