Business
Expion360 Appoints Tech Industry Veteran and Innovator, Tien Q. Nguyen, to Board of Directors
REDMOND, OR / ACCESSWIRE / August 24, 2023 / Expion360, Inc. (NASDAQ:XPON), an industry leader in lithium-ion battery power storage solutions, has appointed
About this update from Expion360 Inc.
[{"type":"text","content":"REDMOND, OR / ACCESSWIRE / August 24, 2023 / Expion360, Inc. (NASDAQ:XPON), an industry leader in lithium-ion battery power storage solutions, has appointed tech industry veteran, innovator and business leader, Tien Q. Nguyen, to its board of directors.Nguyen brings to Expion360 more than 30 years of entrepreneurial and senior-level experience in driving innovation in electrical technology, including product financing, engineering, development, and commercialization.He has founded and served as CEO, chairman and director for companies across a range of industries, from energy storage and wireless semiconductors to AI software, including a number of successful exits. This includes co-founding and serving as lead engineer for a developer of a novel microgrid energy storage and software platform.Coinciding with his appointment, Expion360 co-founder, president and COO, Paul Shoun, was elected chairman of the board, and company CEO, Brian Schaffner, was appointed to serve as a member of the board. Following these appointments, Expion360's board is now comprised of five directors, three of whom are independent.\"Tien's history of accomplishment with technological innovation and business success, including deep experience with electrical engineering, manufacturing, utilities and government regulations, will be immensely valuable for Expion360 as we further our IP development and prepare to enter adjacent markets,\" commentedShoun. \"This includes high growth market verticals, such as home energy storage and industrial applications, with a number of new products entering late-stage development.\"Nguyen commented, \"I am excited to join Expion360 at this pivotal stage in its growth and evolution, as demonstrated by several new major OEM partners and entrance into the smart battery and light electric vehicle markets, as well as the rapid expansion of its distribution network.\"I believe I can help Expion360 advance into home energy storage and further broaden its market opportunities. E360 batteries' long-life cycle, cost-effectiveness, and premium modular packaging enables us to address several market applications. They can offer an attractive ROI by reducing upfront investment and offsetting rising energy costs.\"Tien Q. Nguyen BioOver the course of his career, Nguyen has gained a deep understanding of the energy challenges facing indus...