April 2008

Bac2 appoints Ashok Vaidya as non-executive director

Southampton, UK, April 22, 2008: Fuel cell materials company, Bac2, has appointed Dr. Ashok Vaidya as a non-executive director. Dr. Vaidya previously supported the company as an advisor but his closer involvement reflects the accelerating commercialisation of Bac2’s ElectroPhen conductive polymer. The material is rapidly gaining popularity as a way of reducing the cost of bipolar plates and end plates in polymer electrolyte membrane (PEM) fuel cell stacks.

Dr. Vaidya is a Chartered Physicist with a PhD in superconductivity and has an MBA from Henley Management College. He brings both commercial and technical expertise to the Bac2 board, following more than 25 years in industry. Dr. Vaidya has commercialised new technology and managed high growth technology businesses during that time. His career includes executive positions with EMI Central Research Laboratories and Thorn EMI New BusinessVentures and as founder and director of Scipher plc.

Bac2’s CEO, Mike Stannard, commented, “Ashok’s advice and guidance in Bac2’s earliest days has been of great help already and we are delighted to formalise our working relationship with him through this appointment as we take the company forward into volume production of ElectroPhen-based products.”

Image: Dr. Ashok Vaidya