David Corey Joins Solicore, Inc. as Company's CEO

David Corey Joins Solicore, Inc. as Company's CEO 


LAKELAND, Fla., Oct. 21  /PRNewswire/ -- Solicore, Inc., a leading provider of
ultra-thin, flexible, lithium polymer batteries, recently announced that David
Corey has joined the company as its Chief Executive Officer. Corey has over 20
years of proven experience, both domestically and internationally, in growing
and leading both private and public technology companies. He has been a senior
executive at such companies as AT&T, Westell Technologies, and Southern Bell.
Prior to joining Solicore, Mr. Corey most recently held positions as: Founder
and President of DaCo Solutions Group, and President and COO of Daleen
Technologies (NASDAQ:DALN).

"Mr. Corey brings a wealth of experience in building companies to Solicore.  I
believe that his passion for new markets and technologies coupled with his
incredible drive to build great teams and companies will make Solicore very
successful," says Raj Atluru, Solicore board member and Managing Director of
Draper Fisher Jurvetson.

"I am very excited to become part of the Solicore team," stated Corey. "Our
flexible lithium polymer batteries now allow a new generation of devices to
come to market with on-board battery power. Our Flexion(TM) batteries are
extremely well positioned to become the dominant force in portable power
solutions in our targeted markets. No other products in the market today can
match our performance." Corey went on to state that the specific markets that
Solicore was targeting initially were smart cards, RFID devices, and medical
products. "The future looks extremely bright for Solicore," said Corey. "We are
currently working with over 20 companies around the globe on a wide variety of
applications. What these companies all have in common is the need for an
ultra-thin portable power solution for their products. Solicore's products
fulfill this need better than anyone else's can."

Solicore develops, manufactures, and markets ultra-thin, flexible lithium
polymer batteries under its Flexion brand that serve the smart card, RFID and
medical device markets. Their patented solid-state electrolyte has helped
create the next generation of lithium polymer batteries. Solicore's
headquarters, R&D and manufacturing facilities are located in Lakeland,
Florida. For more information, visit http://www.flexion.com/ or
http://www.solicore.com/ .

This press release contains forward-looking statements, including statements
containing the words "planned," "expects," "believes," "strategy,"
"opportunity," "anticipates" and similar words. Such forward-looking statements
are subject to known and unknown risks, uncertainties or other factors that may
cause Solicore, Inc's actual results to be materially different from historical
results or any results expressed or implied by such forward-looking statements.
Solicore, Inc. assumes no obligation to update any forward-looking statements
to reflect events or circumstances arising after the date hereof. The potential
risks and uncertainties, which could cause actual growth and results to differ
materially, include but are not limited to, customer acceptance of the
company's services, products and fee structures, the success of the company's
brand development efforts, the volatile and competitive nature of the battery
industry, and changes in domestic and international market conditions, and
foreign exchange rates. 

DATASOURCE: Solicore Inc.



CONTACT:  Kenneth E. Toops of Solicore, Inc., [phone], or fax,

[phone], or  



Web site:  http://www.solicore.com/

http://www.flexion.com/ 

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