SAFETY HARBOR, Fla. - April 12, 2005 - OnScreen Technologies, Inc. (OTCBB: ONSC), a leading provider of innovative signage technology and solutions, including the newly released RediAd(TM), Living Window(TM) Display, announced today that Neil Wester has been named Chief Technical Officer to lead the company in proliferating its technology.
Wester joins OnScreen with seventeen years of technical work experience with a specialization in semiconductor design, manufacturing and operations. Prior to joining OnScreen, he was a patent and design consultant for Intellectual Property Generation companies and assisted with commercializing new technology to market. He has eight years experience as a Senior Engineer at Intel, working in the Process and Digital Imaging Technology Development Groups, and in CMOS Manufacturing. His background prior to that was with Olin Microelectronic Materials, Inc. for six years, where as an Engineer, he was responsible for the design, manufacturing, and operations of various semiconductor technology programs and product lines. Wester has Bachelor and Master of Science degrees in Material Science and Engineering both from Arizona State University.
"I am looking forward to the opportunity to participate in the rollout, proliferation, and continued development of OnScreen's exciting new technology," said Wester. "I am confident in the potential value of the company's technology from an IP standpoint and I think we've have a very strong management team in place, capable of achieving significant commercial successes."
Mark Chandler, the company's Chief Operations Officer, who joined OnScreen in 2004 commented, "Neil is going to be a vital part of the team here at OnScreen. His expertise in semiconductor design, manufacturing, and intellectual property is a resource that we think greatly enhances our commercialization efforts. We welcome him to the OnScreen team." Chandler spent 23 years throughout Sara Lee Corporation's global organization in senior level positions in corporate finance.
About the Company:
OnScreen Technologies, Inc. (OTCBB: ONSC) is a publicly traded company that owns the world-wide patent rights to the OnScreen(TM) LED (light emitting diode) display architecture. OnScreen(TM) to outsources the manufacturing of its LED systems and builds its business primarily through distribution relationships that address the large government and commercial markets that use signage as a means of communicating with the public. The OnScreen(TM) technology produces LED display products that are lighter, brighter and less expensive to install and support than current LED signs in the marketplace. More about OnScreen Technologies is available at www.OnScreenTech.com, www.RediAlert.com and www.RediAd.com. The company has 65 patents pending as of February 16, 2005.
Cautionary Warning Regarding Forward Looking Statements
This press release contains "forward-looking statements," that may be identified by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of such terms and other comparable terminology. Actual results may differ materially from the predictions discussed. Additional factors that could materially affect our forward-looking statements include general economic and business conditions; the future results of projected contracts being executed; changes in the market place through zoning and government regulations involving LED (led emitting diodes); the success of our brand awareness campaign; ability to raise additional capital; competition; ability to build strategic relationships with manufacturers and/or customers; the protection of our intellectual property rights; and other factors over which the Company has little or no control, including those that the Company incorporates by reference in its Form 8-Ks, 10-Ks, and 10-Qs that it periodically files with the SEC.
SOURCE: OnScreen Technologies Inc.
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Contact:
OnScreen Technologies, Inc.
Ray Oliver, 727-797-6664
www.onscreentech.com
www.redialert.com
www.rediad.com
or
Cameron Associates
Peter Seltzberg, 212-554-5487
www.cameronassoc.com
OnScreen Technologies Inc. Names Neil Wester as Chief Technical Officer
Company: OnScreen Technologies
Contact Name: Ray Oliver
Contact Email: ro@onscreen.com
Contact Phone: 727-797-6664
Contact Name: Ray Oliver
Contact Email: ro@onscreen.com
Contact Phone: 727-797-6664