WEST PALM BEACH, Fla., July 24 /PRNewswire-FirstCall/ -- IQ Micro Inc. , a licensor of proprietary low-voltage microactuator pumps based on recent discoveries in microfluidics, has announced that it has recruited Per Arne Lislien as chief operating officer.
IQ Micro President and CEO Johnny Christiansen said, “Lislien has served at several high-tech companies in senior positions. We believe he will add valuable experience and expertise to our management team.”
Lislien, a Norwegian citizen, worked with Kongsberg Automotive ASA managing the supply chain management division from 1992 to 1994. In 1994, he was appointed manager of logistics and economy with Scan-Sense AS, a Norwegian sensor company focused on the oil and gas market. In 1997, Lislien was appointed executive vice president and chief operating officer of that corporation. In 2000, he accepted the position of assistant chief operating officer of SensoNor ASA, a company that focuses on developing sensing technology. SensoNor is the largest developer of MEMS sensors for the world automotive industry. In 2001, Lislien was appointed executive vice president of Memscap S.A., in Grenoble, France. Memscap offers sensor solutions to the medical and the aerospace market. Lislien also holds several board positions in Norwegian companies.
About IQ Micro
IQ Micro Inc. is an international licensing company formed in July of 2005 to commercialize technology that precisely controls the movement of fluids on a micro scale. The company has acquired exclusive sales and marketing licensing rights to microfluidic technology developed and patented by the Norwegian company Osmotex. IQ Micro is actively pursuing global licensing opportunities for the patented “invisible pump,” a microfluidic technology with a wide range of consumer, medical and industrial applications. The company intends to become the leading global specialized supplier of low- voltage microfluidic technology.
For more information, visit http://www.iq-micro.com . An investment profile about IQ Micro may be found at http://www.hawkassociates.com/iqmicro/profile.php .
For investor relations information, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 451-1888, e-mail: info@hawkassociates.com . An online investor kit including copies of IQ Micro press releases, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com .
This release contains various forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended which represent the company’s expectations or beliefs concerning future events of the company’s financial performance. These forward-looking statements are further qualified by important factors that could cause actual results to differ materially from those in the forward-looking statements. The words “may,” “could,” “should,” “believe,” “anticipate,” “estimate,” “expect,” “intend,” “plan” and similar words are intended to identify forward-looking statements. These factors include the effect of competitive pricing, the company’s dependence on the ability of third-party manufacturers to produce components on a basis which is cost-effective to the company, our ability to protect our intellectual property rights from infringement by third parties, our ability to convert our intellectual property rights into product offerings that are accepted by the market, the development of competitors of intellectual property and associated products that are superior to ours or that gain better market acceptance than ours and the ability of our intellectual property rights to keep pace with the advances in technology, market acceptance of the company’s products and licensing rights, the effects of government regulation and other factors. Results actually achieved may differ materially from expected results included in these statements. The company is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise. Furthermore, this company cautions that the risk factors listed in this paragraph are not exhaustive.
IQ Micro Inc.
CONTACT: Frank Hawkins or Julie Marshall, both of Hawk Associates,+1-305-451-1888, or info@hawkassociates.com, for IQ Micro Inc.
