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Inventor, Entrepreneur and Intel Executive Ed Davis Joins Board of ARSC Monday November 28, 1:14 pm ET Fuel Cell Inventor to Lead Hydra Fuel Cell Corporation Subsidiary
HOUSTON--(BUSINESS WIRE)--Nov. 28, 2005--American Security Resources Corporation (OTCBB:ARSC - News), announced today that Ed Davis, Director of Business Development, Consumer Electronics Group at Intel Corporation (NASDAQ:INTC - News), has joined the company's Board of Directors, effective November 21, 2005. Ed was also founder and Director of Engineering of Intel's TPO (Television Platform Operation). According to Bob Farr, President of American Security Resources Corporation, "Ed brings to ARSC a wealth of experience, having served on the Boards of two public companies, Helionetics (HLX) on the American Exchange and CompuCorp (which merged into RETX) on NASDAQ." ADVERTISEMENT
Farr went on to note that, in addition to his notable accomplishments at Intel Corporation, Mr. Davis has an impressive track record of helping start-ups achieve rapid financial growth. "Early in his career, Ed built his own company from inception to $5 million per year and sold it to Helionetics," said Farr. "He was a founding member that built Exsysco which became National Advanced Systems from scratch to $300 million in 18 months. He was also a founder of a new division of Intel that achieved $750 million in sales in two years. We are confident that Ed will guide our subsidiary, Hydra Fuel Cell Corporation, to its goal of over $100 million in sales within the next few years."
Mr. Davis holds degrees in Physics and Computer Science and is currently completing a PhD in Physics from Michigan State University. Mr. Davis is also a member of IEEE (Institute of Electrical and Electronic Engineers), ACM (Association for Computing Machinery), MAA (The Mathematical Association of America), and SCS (Society for Computer Simulation). Mr. Davis has presented more than 50 publications and holds several worldwide patents and pending patents.
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I love this stock it has been a nice bouncer for the last few months, nice buy in at .14. Once the fuel cell side takes off watch out.
Posts: 33 | From: ES | Registered: Sep 2005
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