PowerTap (NEO: MOVE) (OTC: MOTNF) (FWB: 2K6) today provided an update on the activities of PowerTap and PowerTap Hydrogen Fueling Corp. (the company’s USA subsidiary). Among the highlights, PowerTap announced the appointments of Margarito Rodriguez as chief financial officer, Byron Berry and John Zorbas to its board of directors, and Salim Rahemtulla as chief executive officer of its USA subsidiary. “We are delighted to be welcoming the depth of experience Byron and John bring to the PowerTap board and look forward to working with them as we bring our innovative technology to the market,” said PowerTap CEO Raghu Kilambi. “Margarito’s previous contributions to the USA subsidiary and qualifications prepare him well for the CFO role. Salim’s leadership in the USA subsidiary and in the CHBC make him a logical choice to be CEO of the USA subsidiary.”
To view the full press release, visit https://ibn.fm/UxJhU
About PowerTap Hydrogen Capital Corp.
PowerTap Hydrogen Capital Corp., through its wholly owned subsidiary, PowerTap Hydrogen Fueling Corp. (“PowerTap”), is focused on installing hydrogen production and dispensing fueling infrastructure in the United States. PowerTap’s patented solution has been developed over 20 years. PowerTap is now commercializing its third-generation blue hydrogen product that will focus on the refueling needs of the automotive and long-haul trucking markets that lack hydrogen fueling infrastructure. There are currently under 100 operational publicly available hydrogen stations in the United States with most of the existing stations purchasing industrial hydrogen from industrial manufacturers and shipping hydrogen to individual stations via tanker trucks. For more information about the company, visit www.PowerTapCapital.com.
NOTE TO INVESTORS: The latest news and updates relating to MOTNF are available in the company’s newsroom at https://ibn.fm/MOTNF
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