Trulite, Inc. announce additions to its board of directors. The changes are preparing the company for its new positioning in the growing hydrogen and clean power technologies market. Chairman of the board, John White, who represents the largest investor group, said the board additions are effective January 1, 2021. The new additions are Ron Seftick, Trulite CEO, and Ben Buettell. Trulite is well positioned to drive the paradigm shift to a new form of hydrogen production that can even be used indoors. Trulite CEO Ron Seftick, a veteran of the electrical and power generation industry, leads the company that is focused on developing clean, renewable power technologies that utilize fuel cells and hydrogen, as a replacement for batteries and gas generators. Prior to Trulite, Seftick was the vice president of American Power Conversion (APC's) large systems division, until APC was acquired by Group Schneider. Seftick also held positions as president of the Americas for the industrial division of Wagner GmbH, based in Markdorf, Germany. He was also the executive vice president of GE- Zenith Controls, a division of General Electric, where he led the acquisition of Zenith Controls Inc. to General Electric Inc. Seftick was president and managing director of Zenith Controls Asia Ltd. in Singapore, which was acquired by General Electric. A graduate of GE's TMP and executive leadership programs, Seftick held executive leadership roles in both GE's supply company, as well as in industrial and distribution divisions of General Electric and RTE-ASEA (ABB). Ben Buettell is a veteran mergers and acquisitions professional who brings a wealth of strategic, financial, and transactional experience to the Trulite board. Buettell spent 24 years at Houlihan Lokey, where he helped grow it from a boutique firm into a global investment bank. He led over 200 corporate engagements, including mergers, acquisitions, recapitalizations, equity reorganizations, and strategic alternative assessments to startups, public and private companies, boards of directors, and independent fiduciaries. Subsequently, Buettell co-founded Chicago-based, early-stage technology venture firm, R7 Partners, and serves as a director on the boards of several of its portfolio companies. He also serves on the board of Fusion Acquisition Corp., an NYSE-listed blank-check company with an investment focus in the Fintech, asset and wealth management sectors. Both Seftick and Buettell bring a wealth of previous experience to take Trulite to its next level of success.
Trulite Inc. is a clean tech power products company. The Company is engaged in the development and production of alternative energy sources, such as solar, hydrogen and fuel cells. It also creates and commercializes clean energy technologies. The Company's products include KH4, MP-100 and HydroCell. The Trulite KH4 generator is a portable electric generator utilizing hydrogen and fuel cell technologies. The KH4 can provide power solutions for military, commercial and industrial partners. The Company's MP-100 is designed for industrial deployment for current commercial customer. MP-100 provides power output up to 100 Watts and requires an output voltage Range of 11 to 14 volts of direct current (VDC)/ 120 volts alternating current. HydroCell is a hydrogen source for use in proton exchange membrane (PEM) fuel cell. HydroCells are based on a chemical hydride known as Sodium Borohydride. HydroCell cartridge weighs about 1.5 pounds and contains nearly 400 Watt hours of electrical energy.