A123 Systems Announces Resignation of Dr. Paul E. Jacobs From Board of Directors
27 Juillet 2012 - 1:00PM
A123 Systems (Nasdaq:AONE), a developer and manufacturer of
advanced Nanophosphate® lithium iron phosphate batteries and
systems, today announced that Dr. Paul E. Jacobs, chairman of the
board and chief executive officer of Qualcomm Incorporated, has
resigned from A123's Board of Directors, effective July 23, 2012.
"My time serving on A123's Board of Directors has been a very
rewarding experience and I am grateful for the opportunity," said
Jacobs. "I have elected to step down from A123's board to focus on
Qualcomm's growing and increasingly diverse business."
"Paul Jacobs has been an extremely valuable asset to A123's
board during his tenure and we thank him for his significant
contributions during his years of service," said Desh Deshpande,
chairman of A123's Board of Directors.
A123 Systems, Inc. is a leading developer and manufacturer of
advanced lithium ion batteries and energy storage systems for
transportation, electric grid and commercial applications.
The A123 Systems, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6600
CONTACT: A123 Systems PR Contact:
A123 Systems
Dan Borgasano
617-972-3471
dborgasano@a123systems.com
A123 Systems IR Contact:
ICR, LLC
Garo Toomajanian
617-972-3450
ir@a123systems.com
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