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AUSTIN, Texas, Sept. 13, 2010 (GLOBE NEWSWIRE) -- Applied Nanotech Holdings, Inc. (OTCBB:APNT) is pleased to announce that as part of its near and long-term commercialization strategy, it has named Dr. Samuel Kim as Vice-President of Business Development and hired Shahar Bar-Cohav as Director of Business Development.
Dr. Kim, who has been with APNT since February 2009, has both Bachelor of Science and Master of Science degrees in mechanical engineering from Stanford University and a Dual PhD in Electrical Engineering and Nanotechnology from the University of Washington. Dr. Kim has over 9 years of experience in high technology venture formation with several startups in the biotechnology, medical devices, semiconductors, and automotive industries. The depth of his technical expertise coupled with his business background is very instrumental to shape the future direction of Applied Nanotech toward technology commercialization.
Shahar Bar-Cohav has a Master of Business Administration degree from the Stephen M. Ross School of Business at the University of Michigan-Ann Arbor, with emphases in marketing and corporate strategy, and a law degree (magna cum laude) from Tel Aviv University. Prior to joining APNT, Mr. Bar-Cohav practiced law for four years as a commercial attorney, specializing in licensing, joint-venture, investment transactions, and due diligence investigations. In addition, Mr. Bar-Cohav completed marketing and business development consulting projects for Baxter Healthcare Corporation, and Bristol-Myers Squibb, relating to the launch of new products, and identification of new markets and commercial collaboration opportunities,
"Our unique approach to nanotechnology and the excellent R&D results that we have achieved thus far have brought us to the point of needing focused commercialization efforts for our technologies. Enhancing our team with Sam and Shahar underlines our continued growth and steadfast performance in driving commercialization of our technologies, " said Dr. Zvi Yaniv, president/CEO of ANI.
"We are thrilled to have two such highly qualified professionals leading our business development effort," said Doug Baker, CEO of APNT. "We are increasing our focus on business development and commercializing our technologies. Sam and Shahar's skills and experience will be very valuable to us in this effort."