City
of Industry, California, February 1, 2003, Powerzinc
Electric, Inc. announced today the appointment of Mr.
Robert (Bob) S. Kripowicz as the Chairman of the Board
of Powerzinc. Mr. Kripowicz will be responsible for
the company¡¯s investment strategy in the global market,
project finance, and corporate development with an initial
focus on products and services in US and/or China markets.
With his distinguished service record in the private
as well as public sectors, we look forward to Mr. Kripowicz¡¯s
leadership in quickly transforming Powerzinc from a
start-up company to a large, commercially successful,
global company that can eliminate pollution in urban
areas caused by conventional transportation equipment
with zero emission vehicles powered by Powerzinc¡¯s Zinc
Air Fuel Cell battery technology.
Mr. Kripowicz has recently completed a distinguished
30-year US government career. Most recently he was the
Senior Advisor to the Under Secretary, Department of
Energy (DOE) for policy studies in the fossil energy
and global climate change areas, as well as advising
him on developing the budget in all energy technology
areas as well as Science, Environmental Management,
and Nuclear Waste Management. From 1996 to 2002, he
served as the Acting Assistant Secretary for Fossil
Energy in DOE while holding the position of Principal
Deputy Assistant Secretary on a permanent basis. During
his tenure he was responsible for the complete reorganization
and consolidation of the office¡¯s research and development
activities, the initiation of long-range strategic planning
activities, and the execution of the Administration¡¯s
Clean Coal Technology Initiative, a $2 billion Presidential
initiative. He was instrumental in initiating, structuring,
and implementing the US-China Protocol on Cooperation
in Fossil Energy Technology with China¡¯s Ministry of
Science and Technology (MOST). In 1997, he inaugurated
the US/China Energy and Environmental Technology Center
(EETC)¡¯s Beijing office at Tsinghua University. Prior
to joining the Fossil Energy program in DOE, Mr. Kripowicz
was the Acting Deputy Assistant Secretary for House
Liaison, and the Deputy Assistant Secretary for Buildings
Technology in the Office of Energy efficiency and Renewable
Energy.
Prior to serving in DOE, Mr. Kripowicz was a staff
member of the Interior and Related Agencies Subcommittee
of the House Committee on Appropriations, responsible
for DOE programs in energy efficiency and fossil energy,
as well as energy, scientific and land management programs
at the Department of the Interior. He also was the Staff
Director of the Energy Subcommittee of the House Science
and Technology Committee, responsible for energy efficiency,
fossil energy and the basic science programs of DOE.
He also has had experience in the utility sector, the
nuclear industry, and in small research and development
companies.
Mr. Kripowicz received his undergraduate B.S. degree
in Chemistry cum laude from Lafayette College and his
MBA from the University of Pittsburgh.
|