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Solicore is Pleased to Announce the Hiring of Industry Executive Todd Peters as CEO

Todd comes to Solicore with a proven track record of leading and executing corporate growth.

"Solicore is a great company with leading technologies and customer relationships in batteries and inlays for powered cards. I am honored to be able to lead the company..." stated Peters.

    LAKELAND, FL, August 27, 2014 /24-7PressRelease/ -- Solicore, Inc., named Todd Peters as CEO of the company, effective immediately. Mr. Peters comes to Solicore from ArcSoft, Inc. where he served as President of North America until March of this year. His prior roles include serving as the Chief Marketing Officer of Windows Phone Division at Microsoft, as Corporate Vice President of Retail Technology Sales and Brand Management at Staples, Inc, and as Worldwide Director of Corporate Brand Strategy at Intel Corporation.

"On behalf of the board of directors, I am pleased to welcome Todd to Solicore," said William Lese, Chairman of Solicore and Managing Partner at Braemar Energy Ventures. "Todd is a proven leader and his extensive experience driving top line growth in technology companies makes him uniquely qualified to build upon Solicore's strong technology and customer foundation, and to lead the company to its next stage of growth."

"Solicore is a great company with leading technologies and customer relationships in batteries and inlays for powered cards. I am honored to be able to lead the company to even greater achievements moving forward," said Peters.

"The Board would like to thank Dave Corey for all his years of service to the company, and wishes him success in his future endeavors," said Lese.

About Solicore, Inc.
Solicore is a worldwide leader of embedded power solutions, offering its Flexion product portfolio of advanced ultra-thin flexible lithium polymer batteries for powered cards, RFID and micro medical devices. Solicore's advanced battery technology is ultra-thin, flexible, safe and environmentally friendly, and significantly enhances the capabilities of lithium-based batteries. For more information, visit www.solicore.com.


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David Eagleson
Solicore, Inc.

Lakeland, Florida
United States
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