Pixelligent Technologies Appoints Alain Harrus To Board

11/7/17

Alain Harrus, Ph.D.

BALTIMORE, Md., Nov. 07, 2017 (GLOBE NEWSWIRE) -- Pixelligent Technologies the inventor of the market-leading PixClear high-index nanocomposites for the OLED Display, HD Display, and Solid State Lighting markets, announced today it has named Alain Harrus, Ph.D. and Gene Banucci, Ph.D. to the Pixelligent Board of Directors. “Alain and Gene are joining the Pixelligent team at a critical time in our development as we are emerging from years of product development and application engineering, to widespread adoption of our nanocomposites across all of our target markets. The combined vast experience which Alain Harrus brings on the OLED and semiconductor equipment front, and that Gene Banucci brings from having built one of the most successful advanced materials companies, is an incredibly valuable addition to the Pixelligent team and we are honored to have them,” commented Craig Bandes, CEO of Pixelligent Technologies.

Alain Harrus is currently the CEO of Kateeva, a manufacturer of a deposition equipment platform utilizing ink jet printing, with its initial focus on mass production of OLED displays. Kateeva’s innovations are helping to accelerate the adoption of OLED and other advanced display technologies. Prior to Kateeva, Alain was a Partner at Crosslink Capital, a San Francisco-based venture capital company where he led the firm’s semiconductor and energy technology investment activities. Before Crosslink he was the CTO at Novellus Systems—now part of Lam Research. “I’m excited to be joining the Pixelligent Board as the Company is entering its inflection point and emerging as a leading provider of high-efficiency materials to the OLED and HD display markets,” said Alain Harrus. Pixelligent and Kateeva have been partnering to optimize advanced display process solutions for the OLED for the past 12 months.

Gene Banucci is the former founding CEO of ATMI. Gene served as CEO of ATMI from 1986-2004 and remained on the Board until the company was sold for $1.1B in 2014. Under his leadership the company completed an IPO and he grew the company to $245 million in revenues when he retired. Since retiring as CEO, he has served on over 10 Boards across numerous industries. “I have known and worked with executives at Pixelligent and have been following the Company’s progress for the last few years. I am impressed with the balanced approach that Pixelligent has executed on both the market-leading materials they have developed as well as their proprietary mass production manufacturing platform. I look forward to working with the team to help firmly establish Pixelligent as a leading advanced materials supplier to the OLED and Solid State Lighting markets,” said Gene Banucci.

“These are exciting times for Pixelligent and we expect 2018 to be a record year in terms of revenues and commercial wins across all of our core OLED display, OLED lighting, HD Display, and LED lighting markets,” said Bandes.

About Pixelligent Technologies

Pixelligent Technologies is the leading high-index advanced materials manufacturer that leverages nanomaterials to develop the world’s best dispersion technology for next generation products in OLED and HD display, OLED and LED lighting, and optical coatings and films applications. Pixelligent’s PixClear® zirconia dispersions deliver the highest possible light extraction, near perfect transmission, increased mechanical strength, and dramatic improvements in overall operating efficiencies. The PixClear® nanocomposites can also easily be incorporated into the solvents, polymers/monomers, and manufacturing processes most commonly used in electronics manufacturing. For more information on Pixelligent, please visit www.pixelligent.com or follow us on Twitter @Pixelligent.

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