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Telegen Holds Board Meeting
SAN MATEO, Calif., May 14 /PRNewswire-FirstCall/ -- Telegen Corporation (Pink
Sheets: TEGN) announced today that Duncan Troy, Richard Herring and Richard
Sellers, recently elected to the board of directors by a vote of Telegen
shareholders, have accepted their nominations. In a meeting of the Board of
Directors held yesterday, May 13, 2004 at 11AM, Mr. Troy was appointed Chair of
the Board and VP of Intellectual Property, Dr. Herring was appointed President
and CEO, and Mr. Sellers was appointed VP of Operations.
About Telegen
Telegen Corporation is a high technology company headquartered in San Mateo,
California. Telegen Corporation's subsidiaries include Telegen Display
Corporation and Telisar Corporation. Telegen and its subsidiaries invent,
develop, and commercialize innovative technology products in the wireless,
communications, cable and broadcast, and flat panel display markets. Telegen's
patented HGED(TM) technology is designed to bring clarity, brightness, and
cost-effectiveness to flat panel displays. Telegen's wireless business unit is
developing its InterTenna(TM) line of integrated antennas for the wireless
industry. Telisar Corporation makes digital television products for today's
cable and TV broadcast industry. Telegen's stock is quoted on the Pink Sheets
under the symbol TEGN.
Forward-looking statements contained in this press release are made under "safe
harbor" provisions of the Private Securities Litigation Reform Act of 1995 and
involve a number of risks and uncertainties that could materially affect future
results. The words "forecast," "estimate," "project," "intend," "expect,"
"should," "believe," "plan", "scheduled" and similar expressions are intended
to identify forward-looking statements. These forward-looking statements
involve and are subject to known and unknown risks, uncertainties and other
factors which could cause the Company's actual results, performance [financial
or operating] or achievements to differ from the future results, performance
[financial or operating] or achievements expressed or implied by such
forward-looking statements. Additional discussion of these and other factors
affecting the Company's business and prospects is contained in the Company's
periodic filings with the Securities and Exchange Commission.
DATASOURCE: Telegen Corporation
CONTACT: Richard Sellers, +1-425-246-2722, for Telegen Corporation
Web site: http://www.telegen.com/