iQ Power Licensing AG announced that gour new members have joined the Board of Directors of the company: Mr. George Weiss, CEO of his private investment firm Beechtree Capital, LLC and Executive Chairman of Engenavis, will serve as the new Chairman of the Board. New Board members will also be Bob Sullivan, who is the current CEO of iQ Power Licensing (Mr. Sullivan will also serve as Vice Chairman of the Board), Jim LoPresti as COO and Scott Anchin (CFO) while Mr. Won-Lak Choi will remain on the Board of Directors. Special thanks were given to the out-going long-serving Chairman of the Board, Dr. Raymond Wicki. Thanks were also given to Mr. Bernhard Rose and Mr. Darwin Sauer who are now no longer Board Members.