ANN ARBOR, Michigan – (COMMERCIAL THREAD) – The Coretec Group, Inc., (OTCQB: CRTG), developers of volumetric silicon and 3D displays, has appointed Douglas W. Freitag as the new director of its board of directors.
Mr. Freitag brings 38 years of expertise in the development, commercialization and financing of new technologies. He formed Bayside Materials Technology (BMT) in 1993 to support universities, investors and industry in the process of identifying, creating and commercializing new technologies where the federal government plays a role, as an investor , regulator or user. Prior to BMT, he had a successful career in various management and engineering roles at Lockheed Martin, Honeywell and Ford Motor Company. Mr. Freitag has a technical background with a BS and MS in Mechanical Engineering from Purdue University and holds a secret level DOD clearance.
“Doug brings an incredible experience to the company. He is extremely tech-savvy and has extraordinary success in connecting businesses with government agencies and funding sources. Doug compliments our current board members well and will have an immediate impact, ”said Victor Keen, director, co-chair of the board.
“I am delighted to join the board of directors of The Coretec Group. The company has created products with great potential to disrupt a market overwhelmed by demand and continues to expand its intellectual property, ”said Freitag. “I look forward to helping a national company that has the potential to make the United States more competitive and less dependent.”
Mr. Freitag joins current board members Victor Keen, director, co-chair, Simon Calton, director, co-chair, Ron Dombrowski, director, and Matthew Kappers, director and CEO of The Coretec Group.
About the Coretec group
Coretec Group, Inc. is developing a silicon portfolio designed to enhance energy-focused verticals, including electric and consumer vehicle batteries, solid-state (LED) lighting, and semiconductors, as well as 3D volumetric screens and printable electronics. The Coretec Group serves the global technology markets in the areas of energy, electronics, semiconductors, solar energy, health, environment and safety.
Statements contained in this press release regarding the expectations of the Coretec Group regarding the future impact on the Company’s results of operations are forward-looking statements and may involve risks and uncertainties, some of which are beyond our control. These risks and uncertainties are further described in our filings with the United States Securities and Exchange Commission. Since the information contained in this press release may contain statements which involve risks and uncertainties and are subject to change at any time, the actual results of the Company may differ materially from the expected results. We do not undertake to disclose any subsequent revision of forward-looking statements. This press release does not constitute an offer to sell or a solicitation of offers to buy the securities of any entity.