SOURCE: HPEV, Inc.

August 12, 2014 09:15 ET

HPEV Announces Siemens Exec and Industry Heavyweight to Join Strategic Advisory Board

William Finley Joins the Board as Another Important Step Toward HPEV's 2014 Strategic Commercialization Plan

TAMPA, FL--(Marketwired - Aug 12, 2014) - HPEV, Inc. (OTCQB: WARM), an innovator in energy delivery, efficiency and heat removal technologies, announced today that William Finley has joined its Strategic Advisory Board. The Advisory Board is an integral part of HPEV's overall strategic commercialization plan and Finley will advise the Company with regard to commercialization of its technology in the motors and generators as well as Mobile Generation marketplace.

Mr. Finley has been with Siemens for forty years. He currently serves as the Chief Technology Officer for Siemens Industry, Inc. Drive Technology leading engineering, development and technology which encompasses motors, drives and mechanical drives. Earlier in his career at Siemens, Finley served as the Engineering Manager for Siemens Energy & Automation and the Operations Manager Siemens ANEMA Motor Plant, and Business Unit Manager for NEMA Motors.

"HPEV has an impressive technology platform providing significant advancements in heat removal, creating both a technical and business advantage for its OEM customers over their competitors. This is an energy saving and efficiency improving technology that I expect to create real improvements in our industry," commented Finley. "I'm glad to be a part of something that I expect to be meaningful and impactful to our industry."

Mr. Finley currently serves as Siemens Global Strategic Standards Management Lead for the Americas for Drive Technologies, and Vice Chairman for the NEMA (National Electrical Manufacturers Association) Technical Committee. Additionally, he serves as Chairman of the Technical Advisory Group for Rotating Electrical Machinery (TC2) for the United States National Committee of the IEC (International Electrotechnical Commission), Convenor of IEC for standards for Motors & Drive Application (Maintenance Team 9) and the Chairman of both the NEMA International Standardization Committee and CANENA (Council for Harmonization of Electro-technical Standardization of the Nations of the Americas) for Rotating Electric Machinery (THC 02) as well as leading other internationally recognized manufacturing standards organizations.

Finley has had multiple patents issued in design, technology & processes and more than 25 technical papers published with 4 award winning IEEE (Institute of Electrical and Electronics Engineers) papers. He was the winner of Siemens prestigious Global award of "Innovator of the Year 2011."

Timothy Hassett, HPEV's CEO commented, "We are extremely pleased to have someone of Bill's (William) stature join our Advisory Board. He is a well-known and extremely well respected member of the motors, generators and drives industry, and he will help us tremendously as we proliferate our technology this year and beyond. Shareholders should rightly see this as further confirmation of our technological platform."

About HPEV, Inc.

HPEV, Inc. is an intellectual property and product development company that employs a license and royalty model. The company has expertise in thermal dispersion technologies and their application to various product platforms. The Company is currently commercializing its patented thermal technology and has additional patents-pending for various OEM applications of its proprietary heat removal technologies. The markets that will be addressed by these technologies include myriad industries such as pumps, fans, compressors, batteries, motors, generators and bearings.

Safe Harbor Statement.

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on plans and expectations of management and are subject to uncertainties and risks that could affect the company's plans and expectations, as well as results of operations and financial condition. A listing of risk factors that may affect the company's business prospects and cause results to differ from those described in the forward-looking statements can be found in company reports and documents filed with the Securities and Exchange Commission. The company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

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