Boulder, Colorado (PRWEB) October 09, 2013
Boulder Ionics, a leading producer of ionic liquid based electrolytes for advanced energy storage, today announced the appointment of Edward Frindt, former CEO of Novolyte, to the company's Board of Directors.
Frindt brings more than 25 years of management and business development experience in the global chemical industry, including executive roles with Ferro Corporation and Synthetic Products Company before becoming CEO of Novolyte in 2008. At Novolyte, Frindt was responsible for the strategic direction and growth of a global specialty chemical business that had operations in the US, Europe and Asia that was spun out of Ferro Corporation. During his tenure, Novolyte experienced compound annual sales growth of 25%. In 2012 the company was sold to BASF. He is currently CEO of IGM Resins, a global supplier of materials to the UV coating, inks and adhesives industries.
“We’re very pleased to have Ed Frindt join our board. His experience will be invaluable as we begin production and distribution of our advanced electrolytes.” said Dr. Jerry Martin, CEO of Boulder Ionics.
“I am excited to be associated with Boulder Ionics having known the company since its inception,” commented Frindt. “Boulder Ionics is not only developing advanced materials for the energy storage industry with higher performance, but also creating more efficient methods to manufacture these materials which will allow them to move into the supply chain much more quickly.”
For information or questions regarding Boulder Ionics’ technology, contact Dr. Jerry Martin, CEO, at 303-432-1400.
About Boulder Ionics: Boulder Ionics is a rapidly growing energy storage materials company that produces ionic liquid based electrolytes for demanding electrochemical applications. Using its proprietary high-throughput synthesis platform, Boulder Ionics is the first company to manufacture ultra-high-purity ionic liquids at prices that allow for commercial adoption. Boulder Ionics’ advanced Iolyte® electrolytes and ionic liquids have applications in a wide range of products ranging from ultracapacitors to lithium-ion batteries and next generation metal-air batteries.