SOURCE: IdaTech

March 01, 2007 03:00 ET

IdaTech Announces New President and Chief Executive Officer

BEND, OR -- (MARKET WIRE) -- March 1, 2007 -- IdaTech, LLC, a global fuel cell solutions developer and manufacturer, announced today that Mr. Claude Duss has resigned as President and Chief Executive Officer for personal reasons. Mr. Harol Koyama has been appointed as IdaTech's new President and Chief Executive Officer.

Mr. Duss has served as President and CEO since May, 2001. "My time with IdaTech has been rewarding. I have enjoyed working with one of the industry's leading fuel cell companies and continue to be a strong supporter of IdaTech and wish it great success," said Mr. Duss. Mr. Duss had moved to California near the end of 2006, having commuted between Northern California and Bend, Oregon since then and cited personal and lifestyle reasons for his decision. He will provide transition support to the Company until the end of 2007.

"Claude has added great value to IdaTech, guiding its development to a world class fuel cell and reforming company. We will appreciate his continued support during transition," said Mr. Koyama. "We are in a very good position to take advantage of IdaTech's leading technology position and emerging commercial markets," Mr. Koyama added.

Mr. Koyama has been with IdaTech since 2003, serving as Senior Vice President of Sales & Marketing and most recently also responsible Product Engineering and R&D. Mr. Koyama has had more than ten years of diversified international business experience in onsite generation applications within the Combined Heat and Power, Oil and Gas, Waste Fuel and other power generation markets. Prior to IdaTech, Mr. Koyama was Senior Vice President of Sales and Marketing at Capstone Turbine Corporation (Capstone), a leading micro-turbine producer. Before Capstone, Mr. Koyama was Vice President of Business Development for fuel cell company International Fuel Cells, a United Technologies Corporation (UTC) business. Prior to moving to International Fuel Cells, Mr. Koyama spent three years at the UTC corporate headquarters, focused on mergers and acquisitions. Mr. Koyama also has over five years experience as a management consultant with the international consulting firm, McKinsey & Company, focusing on energy and operations issues. Mr. Koyama holds a degree in Physics/Mathematics from the University of Oregon, a Masters Equivalent in Nuclear Engineering from United States Navy, where he served as Nuclear Submarine Officer, and a Masters in Business Administration from the Stanford University Graduate School of Business.

About IdaTech

IdaTech is a global leader in the development and manufacturing of clean and reliable PEM fuel cell solutions for telecommunications, commercial and industrial backup power from 1 to 15 kW. IdaTech's unique technologies provide solutions for a wide range of applications from portable to off grid power and directly support efforts towards sustainable energy.

IdaTech's portfolio of industry-certified fuel cell solutions are based on the company's fuel processing, fuel cell stack and power module and fuel cell system integration capabilities. With the support of strategic partners and customers, the company's energy solutions are being deployed domestically and internationally for stationary, portable and other advanced applications.

For more information on IdaTech fuel cell solutions and advanced technologies, please visit www.idatech.com.

Contact Information

  • Amy Clem
    Marketing Communications Manager
    541-322-1022
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