ElectriPlast: Integral Expands Board of Directors...

James

Eagan of

ORBCOMM

On Board



By: Business Wire
Jan. 6, 2010, 9:00 a.m. EDT
News Release

 
   

BELLINGHAM, Wash.--(BUSINESS WIRE)--Integral Technologies, Inc. (OTCBB:ITKG) (“Integral”), an emerging leader in hybrid conductive plastics used to replace the metallic component currently used in EMI shielding and conductive devices, is pleased to announce the appointment of James Eagan as a member of its board of directors. In his new role, he will focus his efforts on commercializing Integral’s patented ElectriPlast™ material and transforming Integral into a company with global operations.


Before joining Integral, Eagan spent nearly 15 years as an executive in the satellite telecommunication industry and has extensive international management and business development experience. He was previously based in Seoul, Korea and Sydney, Australia. Eagan was responsible for establishing ORBCOMM Global, L.P.’s (“Global”) terrestrial infrastructure throughout Asia Pacific and setting up their regional franchise partnerships in Japan, Korea, Malaysia, Thailand and Australia. In 2000, the economic downturn that affected much of the telecom industry forced Global into Chapter 11. Seeing an opportunity, James co-founded ORBCOMM LLC (“ORBCOMM”) and acquired all the assets from Global, including its 36 satellites, and continued to operate the ORBCOMM business, saving over 100 jobs in the Northern Virginia area. As ORBCOMM’s Chief Marketing Officer and Director, he was key in its restructuring and revitalization. In 2006, ORBCOMM completed an IPO valuing the company at over $400 million (NASDAQ: “ORBC”).


Previously, Eagan was with Lockheed Martin where he was responsible for international programs supporting the sale of naval weapons systems. Prior to that, he was a naval officer working in the Navy’s Aegis shipbuilding program.


Eagan attended the University of California, Los Angeles on a Navy ROTC scholarship and received his bachelor’s degree in economics, and an MBA from George Washington University.


Integral’s Chairman and CEO, William Robinson, said, “This is the start of an exciting year for us, and we are thrilled to welcome James to Integral. His experience in commercializing new technologies and partnering with multinationals and iconic brands, such as Panasonic, NEC, Hitachi, Caterpillar, Komatsu and Volvo Trucks, will help to further our plans in making ElectriPlast™ a globally accepted material, for use in every market segment that needs this technology, including automotive, consumer electronics and wireless product manufacturers.”


Integral Technologies

Integral Technologies, Inc. (www.electriplast.com) is the developer of an innovative electrically conductive resin-based material called ElectriPlast™, a highly conductive recipe that can be molded into virtually any shape or dimension associated with the range of plastics, rubbers, and other polymers. Integral Technologies is an emerging leader in the development and application of next-generation conductive plastic materials. The company currently has 52 issued US patents relating to the composition, manufacture and application of their ElectriPlast™ technology, and they continue to develop and protect new intellectual property. The company was recently cited by ipCapital Group (www.ipcg.com) as the indisputable IP leader in resin-based materials. Their IP consists of ElectriPlast™ and multitudes of different applications pertinent to a wide variety of industries. No assurances can be given that all patent applications will be approved; however, to the extent that patents are not granted, they will continue to attempt to commercialize these technologies without the protection of patents. Various examples of industries where ElectriPlast™ can be used are automotive, defense, antennas, shielding, lighting, circuitry, switch actuators, resistors, and medical devices. The company is currently introducing these new products and ElectriPlast™ technology on a global scale.


Safe Harbor Statement

This press release contains “forward-looking statements” within the meaning of Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act. These statements include, without limitation, predictions and guidance relating to the company’s future financial performance and the research, development and commercialization of its technologies. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential,” “continue,” or the negative of these terms or other comparable terminology. These forward-looking statements are based on management’s current expectations but they involve a number of risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in the forward-looking statements, as the result of such factors, risks and uncertainties as (1) competition in the markets for the products and services sold by the company, (2) the ability of the company to execute its plans, and (3) other factors detailed in the company’s public filings with the SEC, including, without limitation, those described in the Company’s annual report on Form 10-K for the year ended June 30, 2010 as filed with the Securities and Exchange Commission and available at www.sec.gov. You are urged to consider these factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. The forward-looking statements speak only as of the date on which they are made and the company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.



This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities.



SOURCE: Integral Technologies, Inc.
Scott McArthur, 888-666-8833
www.itkg.net