ONSCREEN TECHNOLOGIES APPOINTS BUSINESS VETERAN TOM PRICE TO BOARD OF DIRECTORS
PORTLAND, Ore. – Nov. 27, 2007 – OnScreen Technologies, Inc. (OTCBB: ONSC), the leading provider of openly licensable advanced systems cooling solutions, today announced the appointment of Tom Price to its board of directors. Mr. Price is a business veteran with more than 30 years of business and operational management experience.
“Tom’s appointment demonstrates our continued commitment to maintain an effective board comprised of influential members of the business community that will accelerate the commercialization of our technology portfolio including WayCool™ and WayFast™ technologies,” said William Clough, president and CEO of OnScreen Technologies. “Tom has more than three decades of experience leading and building successful companies. His operational experience, leadership and business insight will be invaluable in our pursuit of growth opportunities.”
Mr. Price is the founder of Tom Price Dealership Group, a leading auto dealership that he grew to 11 franchises at six locations across California. Throughout the course of his career, Mr. Price has been involved in investor and manufacturer relations, and orchestrated the successful acquisition of his company, FirstAmerica Automotive by Sonic Automotive, one of the nation’s largest automotive retailers.
Mr. Price has been credited for the successful completion of Serramonte Auto Plaza, an advanced, large-scale campus with innovative, industry-leading design features. Mr. Price also developed the multi-brand San Francisco Auto Repair Center and a conference facility in Larkspur, Calif.
Currently, Mr. Price is the owner of nine car dealerships in Northern California. He has received numerous awards for dealership excellence from manufacturers and has served on the National Dealer Advisory Boards of several major automobile manufacturers. He was Chairman of the Lexus National Dealer Advisory Board and charter member of the J.D. Power Dealer Roundtable.
Mr. Price is also an active philanthropist. The Price Family Dealerships are major sponsors of Special Olympics of Marin, Dedication to Special Education, CASA/Advocates for Children, Marin Breast Cancer Council and the Golden Gate Shootout. In 2005, the Price Family Dealership raised substantial funds for Katrina relief.
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.
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OnScreen, WayCool and WayFast are trademarks of OnScreen Technologies, Inc. Other names and brands are the property of their respective owners.