SOURCE: PEN Inc.

Products enabled by nanotechnology

October 01, 2014 08:30 ET

PEN Inc. Chairman Scott Rickert Announces Company Vision, Product Priorities and Management Team

Webcast Highlights the Launch of PEN

DEERFIELD BEACH, FL--(Marketwired - October 01, 2014) - The recent webcast by PEN Inc. (OTCQB: PENC) (PEN) Chairman, Dr. Scott Rickert, is now available for on-demand viewing. It may be accessed from the PEN Inc. website investor page at www.pen-technology.com.

The webcast introduces the three pillars of Dr. Rickert's vision for PEN's future, as well as the product priorities and management teams for the company.

The first pillar of Dr. Rickert's vision is for PEN to tackle big, global problems in growing markets. For that reason, he adds, PEN product development will focus on three categories: safety, health and sustainability. Dr. Rickert also introduced the PEN Innovation Team charged with pursuing the vision, made up of leadership from PEN and its subsidiaries, Applied Nanotech Inc. and Nanofilm.

The second pillar of Dr. Rickert's vision is the importance of being a commercialization powerhouse to launch products and brands. Dr. Rickert introduced the Sales and Marketing Team, stating, "That team is already up and running to set direction of the PEN brand of products."

The importance of capital to PEN's growth is the third pillar Dr. Rickert discussed. 

PEN's accelerated growth will require access to the capital markets. A primary reason for the combination of Applied Nanotech and Nanofilm is access to the public equity markets. Dr. Rickert is confident that with careful explanation of new products and related growth to the investment community, capital will be readily available. In addition to internal growth, acquisitions will be considered to enhance distribution capabilities and broaden technology knowledge and potentially improve the capital base of PEN.

The webcast concludes with Q&A session with Dr. Rickert responding to shareholder questions.

About PEN Inc. (OTCQB: PENC)
PEN Inc. (PENC) is a global leader in developing, commercializing and marketing enhanced-performance products enabled by nanotechnology. The company focuses on innovative and advanced product solutions in safety, health and sustainability. For more information about PEN Inc, visit www.pen-technology.com

Safe Harbor Statement 
This press release contains forward-looking statements that involve risks and uncertainties concerning our business, products, and financial results. Actual results may differ materially from the results predicted. More information about potential risk factors that could affect our business, products, and financial results are included in our annual report on Form 10-K for the fiscal year ended December 31, 2013, and in reports subsequently filed by us with the Securities and Exchange Commission ("SEC"). All documents are available through the SEC's Electronic Data Gathering Analysis and Retrieval System (EDGAR) at www.sec.gov or from our website listed above. We hereby disclaim any obligation to publicly update the information provided above, including forward-looking statements, to reflect subsequent events or circumstances.

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Contact Information

  • Contact Information:
    Lynn Lilly
    Director of Communication
    PEN Inc.
    Email contact
    (844)2PEN INC x705