Know Labs, Inc. (NYSE American: KNW), an emerging developer of
non-invasive medical diagnostic technology, today announced changes
to its executive leadership team. The new structure will help the
Company accelerate the development and delivery of its non-invasive
medical diagnostics technology, Bio-RFIDTM, and better position
Know Labs for long-term growth and shareholder value creation.
As announced, Ron Erickson, Founder and Chairman at Know Labs,
was unanimously named Chief Executive Officer by the Company’s
Board of Directors. Erickson has been with the Company and its
predecessors for nearly 20 years. He brings 30 years of board,
business development, financial and executive leadership experience
across multiple industries.
Alongside Erickson, Dr. James Anderson continues as Know Labs’
Chief Medical Officer, leading all activities related to clinical
development. Steve Kent continues as Know Labs’ Chief Product
Officer, responsible for all initiatives related to product
development. Know Labs’ Finance and Intellectual Property functions
continue to be led by Pete Conley, Chief Financial Officer and SVP,
Intellectual Property.
Three changes are being implemented in the executive leadership
team:
Masanori King Takee was promoted to Chief Technology Officer. In
his new role, Takee will continue to lead the company’s software
engineering, artificial intelligence and machine learning
activities. One of his primary goals is to reinforce Know Labs’
competencies in data science, which are critical for refinement of
the Bio-RFID algorithm and delivery of a final product that can be
used for clinical trials and the FDA clearance application. Takee
joined Know Labs in 2018 as one of the company’s first employees
and brings 20 years of experience creating software for technology
and healthcare startups. Takee has been a founding team member of
five startups, including Cequint, Dwango and TurboPatent, two of
which remain operational today and three achieved a successful
exit.
Jessica English joins the Know Labs team as Chief Marketing
Officer. She will lead the company’s marketing and communications
efforts in preparation for a commercial launch. English brings more
than 15 years of experience leading brand, marketing and
communications strategy for companies across a full range of life
stages and industries, including Health Technology, SaaS, and
Gaming. Previously, she was the Vice President of Brand at Oura, a
leading health wearable technology company, where she created an
identity, position and integrated marketing strategy, in addition
to building the company’s standing in the scientific and research
communities. Before Oura, English led the first brand marketing
efforts for Dropbox and supported the company’s entrance into the
public market. She most recently served as Vice President of
Marketing at NZXT, a PC gaming hardware company, leading its
entrance into new product categories and building a competitive
position for the brand.
Leo Trautwein, previously Know Labs’ Chief Marketing Officer, is
now Chief Commercial Officer. Trautwein has made significant
contributions to Know Labs across multiple functions in addition to
marketing, such as corporate strategy, operations and regulatory.
In his 25-year multi-disciplinary career, he has served as a
strategy consultant, general manager and P&L leader with
companies including Rivian Automotive during its early prototype
and commercialization stages, as well as Jarden Corporation and
Vista Outdoor, Inc. In his new capacity, Trautwein will work
alongside Erickson on the day-to-day management of Know Labs to
ensure the appropriate initiatives are being executed to bring
Bio-RFID through FDA clearance and commercialization.
“I’m excited for 2023,” Erickson said. “These changes to our
leadership team will allow us to accelerate our progress and
collaborate more, while eliminating silos. I have strong trust in
this team and believe each one of them can deliver what we need. I
welcome Jess to the team and congratulate the others for their
contributions and great work performed to date. We are a very
collaborative team working toward a common objective, to transform
the medical diagnostics industry, and I’m confident we can get
there.
“Our most important goal for the year is to have our technology
externally validated. We will achieve this through a heavy focus on
data science and algorithm refinement, clinical development and
trials, and partnerships with leading medical research institutions
for additional data collection and accuracy validation,” continued
Erickson.
In addition to these executive changes, Know Labs will continue
to accelerate progress with world-class development partners in
data science, sensor technology and hardware design, as well as
bringing on a Technical and Scientific advisory board.
All executive team members report to Erickson and these changes
are effective immediately. Know Labs will continue to provide
updates on its progress. For more information on Know Labs and its
leadership team, visit www.knowlabs.co.
About Know Labs, Inc.
Know Labs, Inc. is a public company whose shares trade on the
NYSE American Exchange under the stock symbol “KNW.” The Company’s
technology uses spectroscopy to direct electromagnetic energy
through a substance or material to capture a unique molecular
signature. The Company refers to its technology as Bio-RFID™. The
Bio-RFID technology can be integrated into a variety of wearable,
mobile or bench-top form factors. This patented and patent-pending
technology makes it possible to effectively identify and monitor
analytes that could only previously be performed by invasive and/or
expensive and time-consuming lab-based tests. The first application
of our Bio-RFID technology will be in a product marketed as a
non-invasive glucose monitor. It will provide the user with
real-time information on blood glucose levels. This product will
require U.S. Food and Drug Administration clearance prior to its
introduction to the market.
Safe Harbor Statement
This release contains statements that constitute forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995 and Section 27A of the Securities Act of 1933,
as amended, and Section 21E of the Securities Exchange Act of 1934,
as amended. These statements appear in a number of places in this
release and include all statements that are not statements of
historical fact regarding the intent, belief or current
expectations of Know Labs, Inc., its directors or its officers with
respect to, among other things: (i) financing plans; (ii) trends
affecting its financial condition or results of operations; (iii)
growth strategy and operating strategy; and (iv) performance of
products. You can identify these statements by the use of the words
“may,” “will,” “could,” “should,” “would,” “plans,” “expects,”
“anticipates,” “continue,” “estimate,” “project,” “intend,”
“likely,” “forecast,” “probable,” “potential,” and similar
expressions and variations thereof are intended to identify
forward-looking statements. Investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, many of which are beyond Know
Labs, Inc.’s ability to control, and actual results may differ
materially from those projected in the forward-looking statements
as a result of various factors. These risks and uncertainties also
include such additional risk factors as are discussed in the
Company’s filings with the U.S. Securities and Exchange Commission,
including its Annual Report on Form 10-K for the fiscal year ended
September 30, 2022, Forms 10-Q and 8-K, and in other filings we
make with the Securities and Exchange Commission from time to time.
These documents are available on the SEC Filings section of the
Investor Relations section of our website at www.knowlabs.co. The
Company cautions readers not to place undue reliance upon any such
forward-looking statements, which speak only as of the date made.
The Company undertakes no obligation to update any forward-looking
statement to reflect events or circumstances after the date on
which such statement is made.
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For Know Labs Media Inquiries Contact: Linhart PR Kelly
Brown kbrown@linhartpr.com Ph. (303) 951-2552
Know Labs, Inc. Contact: Jordyn Hujar jordyn@knowlabs.co
Ph. (206) 629-6414
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