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Empower TechnologiesT Appoints Chief Operating Officer
Richmond, British Columbia - May 8, 2006 - Empower Technologies Corporation ("Empower") is very pleased to announce that Dr. K.T. Ma has been appointed Chief Operating Officer and Senior Vice President of Business Development of its US subsidiary Empower Technologies, Inc. effective May 1, 2006.
With over twenty-seven years working experiences in some of the most recognized technology and industry leaders in the world (Westinghouse, Bell Labs/AT&T, GTE/Verizon, Marconi, and Huawei), Dr. Ma has held various senior management positions and lead projects ranging in size from $250M to $1.2B, in the area of Global Marketing, Large-scale Systems Integration, Process Engineering, Business Development, Planning, Engineering, Operations and Advance Research.
In addition, Dr. Ma holds more than 45 awards and acknowledgements from various organizations for his outstanding contributions in advanced telecommunication & power industries. He published 7 seminar workbooks, 31 journal/ proceeding papers and more than 108 internal technical, business/ marketing reports and specifications. Currently, he also serves as an Advisor for the College of Business , University of Dallas in Texas for both Telecommunications and a newly developed Energy Management MBA Program to focus on Policy, Technologies, Economics/Strategy, Trends, Management and Methodology. Dr. Ma obtained his PhD in Electrical Engineering from the University of Pittsburg .
Empower Technologies has granted Dr. Ma options for 50,000 shares for five years at the exercise price of $1.12 per share.
About Empower Technologies™
Founded in 2000, Empower Technologies (TSX.V: EPT) is an innovative company that brings the power and flexibility of the LEOs® (LinuxDAT Embedded Operating System) to the dynamic embedded computing Industry and the emerging Intelligent Appliance Market, through their development of Linux-based operating software, embedded system technologies and solutions.
The products and services that form the base of its business activities include an embedded system development platform for LEOs®, based on Texas InstrumentsT embedded CPU platform, that fulfill the needs and demands of developers and the embedded computing Industry. Empower is continuing to develop LEOs® and newer versions of embedded CPUs in line with Texas InstrumentsT.
By uniting top professionals from within the computer industry and developing quality partnerships and strategic alliances, Empower is committed to being the leading developer of Linux-based operating software and embedded system technologies and solutions for electronics manufacturers and developers.
Empower's brands are "LEOs®", "LinuxDAT", Linux-based embedded operating systems and "PowerPlayT", smart consumer electronics.
Contact Information:
Media Enquiries:
Paul Leung - Chairman, President and CEO: pcleung@empowertechnologies.com or via Tel @ (604) 278-3100
Investor Relations: investorline@empowertechnologies.com
More Information on Empower Technologies: www.empowertechnologies.com
Sales Enquiries: sales@empowertechnologies.com or via Tel @ (604) 278-3100
Paul Leung
Chairman, President and CEO
Empower Technologies Corporation
# 405-5600 Parkwood Way
Crestwood Commerce Centre
Richmond , BC , Canada V6V 2M2
The statements contained in this news release that are not historical facts are forward looking statements. Such statements are based on management's estimates, assumptions and projections using available information. The company cautions that actual financial results could differ materially from the current expectations due to a number of factors.
The TSX Venture Exchange has in no way passed upon the merits of the proposed transactions and has neither approved nor disapproved the contents of this press release.
Empower Technologies, LEOs, PowerPlay and LinuxDA are the trademarks of Empower Technologies, Inc. All other brands are trademarks of their respective owners.
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