15 June 2012
ITM Power plc
("ITM Power" or the "Company")
Appointment of Director of Engineering, Senior Management Appointments
ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that it has appointed Dr Charles Johnstone as Director of Engineering. Charles is a Chartered Engineer (Fellow IMechE) and joins ITM Power from Blanson Ltd where he was Managing Director. Charles has a background in compliant product engineering and has worked in the past for Thule Automotive, CNR Design, Cambridge Consultants, GKN Automotive, British Gas Research & Technology and the University of Oxford.
A former Rolls-Royce Research Fellow, Charles has a Bachelor of Engineering (Mechanical), University of Strathclyde and is a Doctor of Philosophy (Materials Engineering), University of Oxford. He is a Chartered Engineer and a Fellow of the Institution of Mechanical Engineers, a Member of the Society of Automotive Engineers and is an ASME (founded as the American Society of Mechanical Engineers) PVHO (Pressure Vessels for Human Occupancy) Committee Member.
Dr Graham Cooley, ITM Power's CEO commented,"Director of Engineering is a key role and I am delighted to have attracted an engineer of Charles's calibre. His experience in taking compliant products into production will be a great asset to us."
Dr Charles Johnstone added, "I have been following ITM Power's progress for a number of years as it has transitioned from an R&D organisation to a significant player in the emerging hydrogen fuel market. It's a great time to get involved and help to push the company forward".
Other key appointments have recently been made to strengthen the team, all focused on the drive to commercialisation:
Dr John Newton has been appointed as Development Manager for Renewable Heat and Industrial Applications. John joins ITM Power from RWE Npower where he was CIO for the generation business. John has 19 years' utility experience in various roles, R&D, supply chain development and management, international business development, engineering consultancy and IT demand side management. John has a background in Energy Storage and was part of Regenesys Technologies, a company formed by National Power. From 2002 to 2008 John was an independent assessor for the UK DTI New & Renewable Energy Programme.
Dr Nicholas Van Dijk has been appointed Lead Electrochemist. Nick has over ten years' industrial electrochemical R&D experience. Prior to joining ITM Power, Nick was a research manager for Unilever, where he led their international corrosion network, managed new product development and was a strategic leader for the section. Prior to this, Nick was the R&D manager for Metalysis, a Cambridge University spin-out company and performed contract electrochemical energy research and development for Sclumberger and dstl (the UK's Defence Science & Technology Laboratory). He is also Honorary Secretary of the Electrochemical Technology Group of the Society of Chemical Industry.
John Council has been appointed Lead Design Safety Engineer. John has twenty six years' experience in the preparation, and assessment, of safety cases, hazard analysis, risk assessment, risk engineering and management. His experience was gained with consultants, design offices, regulatory authorities and operating sites from 1985 with SSI Steel Ltd, Millennium Inorganic Chemicals, Health and Safety Executive, Costain Oil, Gas & Process Limited, EQE International Limited, Lloyd's Register and British Nuclear Fuels plc.
For further information please visit www.itm-power.com or contact:
ITM Power plc
Graham Cooley, CEO
0114 244 5111
Singer Capital Markets Limited
(Nominated Adviser & Broker)
020 3205 7628
Simon Hudson / Kelsey Traynor
020 7920 3150
About ITM Power
ITM Power plc was admitted to the AIM market of the London Stock Exchange in 2004 and raised its initial funding of £10m gross in its IPO. A further funding round of £28.5m was completed in 2006. The Company has now made the transition from a research and development company to a product manufacturer and technology provider. The Company has both a strong base of intellectual property and engineering expertise for providing complete hydrogen solutions. The Company has been successful in developing strategic industry partnerships in the following projects:
Electrolyser Distribution with Horizon Fuel Cells
Marks & Spencer pilot materials handling fuel cell project
UKH2Mobility with leading auto OEM's, UK gov. and industrial gas companies
EcoIsland with Toshiba, IBM, Cable & Wireless, SSE and Southern Water
Boeing Unmanned Aircraft System Refueller
CREO with Ford, Jaguar Land Rover and Johnson Matthey