Advent Technologies announces new VP of Business Development for Asia Pacific Market
April 12 2022 - 9:40AM
Business Wire
Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or
the “Company”), an innovation-driven leader in the fuel cell and
hydrogen technology sectors, is pleased to announce that Alan
Kneisz has joined the company as Vice President of Business
Development, for the Asia market.
Mr. Kneisz has extensive experience implementing green
technologies into practical applications globally with Private and
Government institutions. More specifically, he has been at the
forefront of Hydrogen technology deployments by working with
companies that develop fuel cell power systems, renewable energy
applications, energy storage, hydrogen fueling, back-up power, and
hydrogen transport solutions.
Focusing on bringing hydrogen electrolyzers and fuel cell
products to market in the Asia Pacific, Middle East, and Europe,
Mr. Kneisz has been heavily involved in public infrastructure
projects and private markets such as private power producers,
transportation, Original Equipment Manufacturers,
Telecommunications, IT, and Military and Rail markets. Over the
past ten years, Mr. Kneisz served as Global Business Development
Director at Cummins Inc. Prior to that, he served as Regional
Director (Asia Pacific & Oceania) at Ballard Power Systems.
“Alan has had a long and quite impressive career in the fuel
cell industry, and we expect him to be a valuable asset to our
team. His role will be focusing on strategically developing our
future offerings and increasing the supply of our current range of
clean and reliable fuel cell solutions at a global scale,” said
Advent’s Chief Marketing Officer, Chris Kaskavelis.
“One of Advent’s main goals is to be a driving force of
innovation and practical technology, with the immediate objectives
of replacing diesel generators and combustion engines with clean,
efficient fuel cells, and fossil fuels with green hydrogen and
renewable zero-emission fuels. For several years, Alan has been a
thought leader in promoting the Hydrogen Economy. We appreciate
that his global experience will help us in securing opportunities
of high strategic importance for the company. We are thrilled to
welcome him to the Advent team and look forward to collaborating
with him,” Mr. Kaskavelis added.
Mr. Kneisz stated, “I am beyond excited to be joining Advent and
look forward to contributing to fulfilling its vision to help the
world decarbonize faster by adopting hydrogen and fuel cells to
replace fossil fuels. I am eager to use my experience to bring
their current and future products to market and establish lasting
and sustainable partnerships that will further validate Advent’s
leading position in the fuel cell industry.”
About Advent Technologies Holdings, Inc.
Advent Technologies Holdings, Inc. is a U.S. corporation that
develops, manufactures, and assembles complete fuel cell systems as
well as supplying customers with critical components for fuel cells
in the renewable energy sector. Advent is headquartered in Boston,
Massachusetts, with offices in California, Greece, Denmark,
Germany, and the Philippines. With more than 100 patents issued and
licensed for its fuel cell technology, Advent holds the IP for
next-generation HT-PEM that enables various fuels to function at
high temperatures and under extreme conditions – offering a
flexible “Any Fuel. Anywhere.” option for the automotive, aviation,
defense, oil and gas, marine, and power generation sectors. For
more information, visit www.advent.energy.
Cautionary Note Regarding Forward-Looking Statements
This press release includes forward-looking statements. These
forward-looking statements generally can be identified by the use
of words such as “anticipate,” “expect,” “plan,” “could,” “may,”
“will,” “believe,” “estimate,” “forecast,” “goal,” “project,” and
other words of similar meaning. Each forward-looking statement
contained in this press release is subject to risks and
uncertainties that could cause actual results to differ materially
from those expressed or implied by such statement. Applicable risks
and uncertainties include, among others, the Company’s ability to
maintain the listing of the Company’s common stock on Nasdaq;
future financial performance; public securities’ potential
liquidity and trading; impact from the outcome of any known and
unknown litigation; ability to forecast and maintain an adequate
rate of revenue growth and appropriately plan its expenses;
expectations regarding future expenditures; future mix of revenue
and effect on gross margins; attraction and retention of qualified
directors, officers, employees and key personnel; ability to
compete effectively in a competitive industry; ability to protect
and enhance Advent’s corporate reputation and brand; expectations
concerning its relationships and actions with technology partners
and other third parties; impact from future regulatory, judicial
and legislative changes to the industry; ability to locate and
acquire complementary technologies or services and integrate those
into the Company’s business; future arrangements with, or
investments in, other entities or associations; and intense
competition and competitive pressure from other companies worldwide
in the industries in which the Company will operate; and the risks
identified under the heading “Risk Factors” in Advent’s Annual
Report on Form 10-K/A filed with the Securities and Exchange
Commission on May 20, 2021, as well as the other information filed
with the SEC. Investors are cautioned not to place considerable
reliance on the forward-looking statements contained in this press
release. You are encouraged to read Advent’s filings with the SEC,
available at www.sec.gov, for a discussion of these and other risks
and uncertainties. The forward-looking statements in this press
release speak only as of the date of this document, and the Company
undertakes no obligation to update or revise any of these
statements. Advent’s business is subject to substantial risks and
uncertainties, including those referenced above. Investors,
potential investors, and others should give careful consideration
to these risks and uncertainties.
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version on businesswire.com: https://www.businesswire.com/news/home/20220412005742/en/
Advent Technologies Holdings, Inc. Michael Trontzos / Chris
Kaskavelis press@advent.energy
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