LONDON, April 1, 2015 /PRNewswire/ --
Semblant today announced that its Board of Directors has appointed Simon McElrea as Chief Executive Officer. Simon previously held the position of VP of Marketing, Intellectual Property & Licensing at Energous Corporation, a Californian-based wireless charging company that completed its successful IPO in 2014.
"During this time of transformation, there is no better person to lead Semblant than Simon," said Martin Stapleton, Director of Semblant and Principal of Ipex Capital (Semblant's majority investor). "Simon's track record of licensing and technology transfers coupled with his business vision are exactly the skills that Semblant needs to exploit its position in the nanomaterials coating market."
"I'm delighted to be joining Semblant at this critical time," stated Simon McElrea. "Semblant's existing nanomaterial portfolio is essential to the deployment of current mobile and wearable devices, and its highly innovative roadmap addresses a wide range of markets from automotive to mil-aerospace. The company is poised for exceptional growth."
Prior to Energous, Simon served as President of Invensas Corporation, and Chief Technology Officer at Tessera Technologies Inc. He founded Invensas in 2011 and built it into a leading semiconductor and IP licensing company, and the engine of Tessera's highly successful turnaround.
Simon joined Tessera in 2010 having been CEO at Vertical Circuits Inc, a Silicon Valley based consumer electronics and IP company. Prior to Vertical Circuits, Simon held a series of diverse leadership roles at Amkor Technology), Honeywell Materials Inc and Johnson Matthey, where he built and led new businesses in semiconductor materials and electronics components in the US, Europe and Asia.
A practising Six Sigma Black-Belt and author of over 40 US patents, Simon holds Bachelor's and Master's degrees, with honors, in Engineering from Oxford University. Simon was born in Co Down, Northern Ireland.
Semblant is the leader in innovative nanomaterials for electronics manufacturing. Its mission is to deliver advanced plasma process solutions that radically improve electronics manufacturing. Semblant's plasma processes reduce energy use, require no water or hazardous material recycling, and replace the need for expensive metals while providing improved product quality and lower manufacturing costs. With its disruptive technology, the company is addressing a $1.6 billion market, and a variety of applications including mobile devices, consumer electronics, enterprise computing, networking infrastructure, automotive and military-aerospace. Semblant's processes have achieved acceptance by major PCB manufacturers and original equipment manufacturers worldwide. For more information, visit http://www.semblant.com