1st Detect Appoints Seasoned Industry Executive Bob Kibler as CEO
December 04 2014 - 09:30AM
Business Wire
1st Detect, a subsidiary of Astrotech (NASDAQ:ASTC), has
announced today that it has hired Mr. Bob C. Kibler as its new
CEO.
1st Detect’s goal is to guide its R&D efforts in a
sales-driven atmosphere in order to penetrate our identified
markets in a timely manner. Mr. Kibler brings a wealth of
management experience in sales, program and product development,
marketing and product management with Bruker Daltonic, Griffin
Analytical, and Inficon and has over 35 years of experience in the
instrumentation industry. Mr. Kibler is also Chairman and President
of the Gulf Coast Conference, the world’s largest conference in
chemical analysis in the petrochemical, refining and oil & gas
industry, where he has established deep-seated industry
relationships. Mr. Kibler has made a career of managing the
introduction of new products to the marketplace and developing
those products into category leaders. Mr. Kibler has a strong
chemistry, petrochemical, biology and pharmaceutical sales
background, bringing both knowledge and experience to the company’s
ranks. This new addition to an already seasoned management team
will further position 1st Detect’s factory floor market
initiative.
“We are very pleased to have Bob join our team with his
extensive experience,” said Thomas B. Pickens III, Chairman and CEO
of Astrotech. “Bob brings over 35 years of mass spectrometer sales
experience, contacts and industry knowledge to 1st Detect at this
very critical time. We have completed development of a commercial
product that has received UL and CE certification and it is now
time to concentrate on sales. I am very excited to have a very
experienced executive lead our team to success over the coming
years.”
1st Detect has developed an instrument that revolutionizes the
chemical detection and analysis market by delivering laboratory
performance mass spectrometry in a small, affordable and portable
package. The 1st Detect mass spectrometer is capable of detecting a
wide variety of chemicals including residues and vapors from
explosives, chemical warfare agents, toxic chemicals, food and
beverage contaminants, and pollutants. These capabilities make
it an ideal tool for a variety of applications in the
research, security, industrial, process flow and healthcare
markets.
1st Detect has also identified and is marketing Process
Analytical Chemistry / Process Analytical Technology (PAC/PAT)
solutions to food and beverage, pharmaceutical, petrochemical, and
semiconductor manufacturing customers. We are leveraging our
groundbreaking mass spectrometry technology to provide unique
solutions for the PAC/PAT needs of multiple customers.
About 1st Detect Corporation
1st Detect Corporation was formed by Astrotech Corporation
(Nasdaq:ASTC) to develop and commercialize miniature mass
spectrometry technology first developed under an agreement with
NASA for use on the International Space Station. 1st Detect offers
a breakthrough miniaturized mass spectrometer that fills an unmet
need by being highly accurate, rapid, lightweight, and
cost-effective. For more information on 1st Detect Corporation,
please visit www.1stDetect.com.
About Astrotech Corporation
Astrotech is a leader in identifying and commercializing space
technology for terrestrial use. 1st Detect Corporation is
developing what we believe is a breakthrough miniaturized mass
spectrometer, the MMS-1000™, while Astrogenetix, Inc. is a
biotechnology company utilizing microgravity as a research platform
for drug discovery and development. Both are wholly owned
subsidiaries of the parent.
This press release contains forward-looking statements that are
made pursuant to the Safe Harbor provisions of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements are subject to risks, trends, and uncertainties that
could cause actual results to be materially different from the
forward-looking statement. These factors include, but are not
limited to, continued government support and funding for key space
programs, product performance and market acceptance of products and
services, as well as other risk factors and business considerations
described in the Company’s Securities and Exchange Commission
filings including the annual report on Form 10-K. Any
forward-looking statements in this document should be evaluated in
light of these important risk factors. The Company assumes no
obligation to update these forward-looking statements.
Astrotech CorporationJoshua Elbaum, +1-512-485-9530VP,
Marketing
Astrotech (NASDAQ:ASTC)
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