EVANSVILLE, Ind., Feb. 10, 2017 /PRNewswire/ -- Integral Technologies, Inc. (OTCBB: ITKG) ("Integral or Company"), maker of the ElectriPlast™ line of electrically conductive resins, announced today the appointment of Mr. Eli Dusenbury (CPA, CA) as Chief Financial Officer ("CFO") effective February 10, 2017. Mr. Dusenbury is succeeding Mr. W. Bartlett Snell who resigned from the company at the end of his agreement. Mr. Snell's resignation is not in connection with any disagreement or dispute with the Company.
Mr. Dusenbury is currently the Controller for the Company. He has extensive experience in public accounting providing assurance services to both public and private sector clients reporting in Canada and the U.S., over a broad range of industries, including but not limited to: technology, agriculture, engineering, mining & exploration, manufacturing and financing. As CFO, Mr. Dusenbury will be responsible for ensuring that the finances of the organization can support Company growth as it capitalizes on the global opportunity for its ElectriPlast line of conductive plastics and ensure the timely filing of the Company's financial reports. Mr. Dusenbury obtained his Chartered Professional Accountant designation in 2011, and holds a BBA in business and accounting from Capilano University.
"Eli's work for us as Controller has been excellent and we are fortunate to have him as our CFO," said Doug Bathauer, Integral's CEO. "His accounting and auditing experience with public companies will be an asset to us during our transition to a commercial-stage company." On behalf of the board of directors, Mr. Bathauer thanks Mr. Snell for his service to the company.
About Integral Technologies, Inc.
Integral Technologies Inc. (OTC-BB: ITKG) and wholly owned subsidiary ElectriPlast Corp, engage in the discovery, development, and commercialization of electrically conductive hybrid plastics used primarily as raw materials in the production of industrial, commercial and consumer products and services worldwide. Its core material, ElectriPlast®, is a non-corrosive, electrically conductive resin-based material whose properties allow it to be molded into any of the infinite shapes and sizes associated with plastics, rubbers and other polymers while reducing component weight by 40 to 60%. Integral is a leader in conductive hybrid plastics with a broad Intellectual Property portfolio referencing its ElectriPlast technology. Applications for ElectriPlast include: Shielding Wire, Power Electronics, Connectors, and Cables; Shielding, Conduction, Batteries, Semiconductors, Heated Elements, Sensors, Antennas, Medical Devices, Consumer Electronics and Acoustics, Fuses, Capacitors, Resistors, RFID, Bus bars and Terminals.
Safe Harbor Statement
This press release contains "forward-looking statements'' within the meaning of Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act. These statements include, without limitation, predictions and guidance relating to the company's future financial performance and the research, development and commercialization of its technologies. In some cases, you can identify forward-looking statements by terminology such as, "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "continue," or the negative of these terms or other comparable terminology. These forward-looking statements are based on management's current expectations, but they involve a number of risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in the forward-looking statements, as the result of such factors, risks and uncertainties as (1) competition in the markets for the products and services sold by the company, (2) the ability of the company to execute its plans, (3) other factors detailed in the company's public filings with the SEC, including, without limitation, those described in the Company's annual report on Form 10-K for the year ended June 30, 2016 as filed with the Securities and Exchange Commission and available at www.sec.gov, and (4) the parties may be unable to agree upon definitive agreements. You are urged to consider these factors carefully in evaluating the forward-looking statements
CONTACT: Doug Bathauer, email@example.com
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SOURCE Integral Technologies, Inc.