NORTHVILLE, Mich., March 28, 2012 /PRNewswire/ -- Amerigon
Incorporated (NASDAQ-GS: ARGN), the global market leader and a
developer of innovative thermal management technologies, today
announced that Stephen C. Davis has
been promoted to the newly created position of Chief Technology
Officer, effective immediately. Davis, 58, formerly Vice
President of Engineering and Product Development, will continue to
report directly to President and CEO Daniel
R. Coker.
In his new role, Davis will be responsible for managing all the
Company's research and product development activities. He
joined the Company in 2009 as the Senior Vice President, Operations
of BSST (a former subsidiary of Amerigon).
"Stephen has demonstrated that he has the skills, knowledge and
leadership to direct the development of our product offerings,
expand the use of our thermal technology more broadly across
product platforms and gain acceptance with customers," Coker said.
"His background, professional expertise and domestic and
international experience will be needed as we plan and manage our
expanding business. Stephen will play a key leadership role
in helping us bring a robust group of new thermal products and
technologies to the global marketplace."
Prior to joining BSST, from 2005-2009, Davis was Director of
Climate Control Systems for Visteon Corporation. Prior to
2005, Davis held other senior engineering and manufacturing
positions at Visteon Corporation and Ford Motor Company.
Davis graduated with an MBA and a Bachelor of Science degree in
Engineering from the University of
Michigan.
About Amerigon
Amerigon (NASDAQ-GS:ARGN) is a global developer and
marketer of innovative thermal management technologies for a broad
range of heating and cooling and temperature control applications.
Automotive products based on technologies developed by Amerigon and
its majority-owned subsidiary, W.E.T. Automotive Systems AG,
include actively heated and cooled seat systems and cup holders,
heated and ventilated seat systems, thermal storage bins, heated
seat and steering wheel systems, cable systems and other electronic
devices. Its advanced technology team is developing more efficient
materials for thermoelectrics and systems for waste heat recovery
and electrical power generation for the automotive market that may
have far-reaching applications for consumer products as well as
industrial and technology markets. Amerigon has more than 5,000
employees in facilities in the U.S., Germany, Mexico, China, Canada, Japan, England, Korea and the Ukraine. For more
information, go to www.amerigon.com.
Certain matters discussed in this release are forward-looking
statements that involve risks and uncertainties, and actual results
may be different. Important factors that could cause the
Company's actual results to differ materially from its expectations
in this release are risks that sales may not significantly
increase, additional financing, if necessary, may not be available,
new competitors may arise and adverse conditions in the automotive
industry may negatively affect its results. The liquidity and
trading price of its common stock may be negatively affected by
these and other factors. Please also refer to Amerigon's
Securities and Exchange Commission (SEC) filings and reports,
including, but not limited to, its Form 10-K for the year ended
December 31, 2011; all of which are
available free of charge on the SEC's website at www.sec.gov.
Amerigon expressly disclaims any intent or obligation to update any
forward-looking statements.
Contact:
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Allen
& Caron Inc
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Jill
Bertotti (investors)
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jill@allencaron.com
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Len Hall
(media)
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len@allencaron.com
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(949)
474-4300
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SOURCE Amerigon Incorporated