Company appoints William Clough CEO, Cliff Melby COO, and Stan Robinson EVP of Engineering, R&D with a combined 45 years of technology expertise

PORTLAND, Ore. – Sept. 19, 2007 – OnScreen™ Technologies, Inc. (OTCBB: ONSC), the leading provider of openly licensable advanced systems cooling solutions, today announced that it has strengthened its leadership team with three executive appointments and secured private funding for growth initiatives. The Company appointed William Clough, formerly general counsel and executive vice president of corporate development, to chief executive officer; Cliff Melby joins the company’s executive team in the role of chief operating officer; and Stan Robinson becomes executive vice president of engineering, R&D.

“OnScreen continues to successfully demonstrate that its patented WayCool™ technology CPU cooling solution outperforms other similar devices on the market,” said Steve Hallock, chairman of the board of directors at OnScreen Technologies. “The appointments of Bill, Cliff and Stan bring the highest caliber of leadership and technical expertise to drive the company’s strategy in addressing micro-warming, the excessive heat buildup in today’s advanced processors and systems. I am confident in this experienced team’s ability to position the company for accelerated growth and long term success.”

Clough assumes the role of CEO after two years as executive vice president of OnScreen where he spearheaded the commercialization of OnScreen’s WayCool technology including the HydroJet licensing agreement with OCZ Technology Group, Inc. Before joining OnScreen, Clough, an attorney and former law enforcement officer, operated his own law firm for 14 years, with offices in Los Angeles, San Francisco and Honolulu. In that capacity, he has successfully represented leading movie studios and media conglomerates.

As COO, Cliff Melby brings more than 25 years of experience investing, positioning and structuring companies for growth. His experience also includes heading product outsourcing and new business development at Metal Form Inc., an aerospace manufacturing company specializing in computer numerical control (CNC) machining for customers such as Boeing, Bombardier, Air Bus and the U.S. Military. Cliff Melby was also the CEO and president of Innovative Elegance, a manufacturer of water jet and laser cut commercial products for casinos, retail outlets and commercial facilities.

Robinson joins the company as executive vice president of engineering, R&D, with more than 22 years of experience in engineering. He is the founder and chief engineer of DV/DT Engineering in Vista, Calif. where he produced and developed high-end, performance engines for helicopters; manufacturing production lines for leading racing teams; tooling, including dye cast, sand cast, and mold making tools; and electronic prototypes for the LED industry and various microprocessor applications. Robinson is the designer of OCZ’s HydroJet device which employs OnScreen’s WayCool technology. Robinson has also developed CPU and GFX reference designs based on OnScreen’s WayCool Technology. 

The Company also announced that it has completed $1.2 million in private placement funding, led by Melby Brothers Performance Investments, a firm with a strong history of financing successful start-up and turnaround organizations. One of the firm’s more notable investments includes the financing and purchase of firearms-maker Smith & Wesson from London-based Tomkins PLC. Purchased from Tomkins in 2001 for $15 million in cash and debt, Smith & Wesson Holding Corporation today boasts a market capitalization of over $700 million.

“The Melby brothers are two very experienced private investors who have a distinguished history of successfully funding and operating burgeoning businesses just like OnScreen,” Clough said. “Not only are they involved financially, but they will also invest their time and expertise. Add this to the $10 million equity line we secured early this year and the runway is in place to develop and commercialize OnScreen’s technology portfolio.”

“The Melby brothers are two very experienced private investors who have a distinguished history of successfully funding and operating burgeoning businesses just like OnScreen,” Clough said. “Not only are they involved financially, but they will also invest their time and expertise. Add this to the $10 million equity line we secured early this year and the runway is in place to develop and commercialize OnScreen’s technology portfolio.”
 
About OnScreen Technologies, Inc.
Headquartered in Portland, Ore., OnScreen Technologies, Inc. has pioneered and is commercializing innovative thermal management solutions capable of revolutionizing the semiconductor, solar and electronic packaging industries, among others. Utilizing its patented WayCool™ hybrid mesh architecture, OnScreen technology can enhance system performance and remove thermal barriers caused by “microwarming” in today’s advanced computing devices. The Company’s proprietary central and graphics processor solutions, solar energy cooling solutions and power supply cooling solutions deliver more cost effective and efficient thermal management to the industry.  For more information, please visit www.onscreentech.com. 

This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements.  The company may experience significant fluctuations in future operating results due to a number of economic, competitive, and other factors, including, among other things, our reliance on third-party manufacturers and suppliers, government agency budgetary and political constraints, new or increased competition, changes in market demand, and the performance or reliability of our products.  These factors and others could cause operating results to vary significantly from those in prior periods, and those projected in forward-looking statements.  Additional information with respect to these and other factors, which could materially affect the company and its operations, are included in certain forms the company has filed with the Securities and Exchange Commission.

Media Contact
Josie Lee
Brodeur
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Jlee@brodeur.com

OnScreen and WayCool are trademarks of OnScreen Technologies, Inc. Other names and brands are the property of their respective owners.