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The J&J and PepsiCo veteran will run the Corporate’s trade construction purposes
HALIFAX, NS / ACCESSWIRE / July 26, 2022 / Meta Fabrics Inc. (the “Corporate” or “META®”) (NASDAQ: MMAT),(FSE: MMAT), a developer of high-performance purposeful fabrics and nanocomposites, nowadays introduced that Mr. Manos Spanos has joined the Corporate as its first Leader Industry Officer. Mr. Spanos brings 22 years of revel in, together with international companies, Johnson & Johnson, PepsiCo, and Danone, in addition to startup revel in with L-Nutra, a high-growth biotech corporate. Mr. Spanos brings in depth revel in development business and product operations and main go-to-market groups to his new function. He’s going to oversee trade construction for META, development scale partnerships and accelerating earnings development, to ascertain a world management place within the impulsively rising metamaterials trade.
“I’m satisfied to welcome Manos Spanos as our Leader Industry Officer. He brings in depth experience in launching step forward inventions, advertising and marketing, and trade construction, that may lend a hand META boost up its subsequent degree of development,” mentioned George Palikaras, President and CEO. “He’s a strategic and impressive chief with a observe document for effectively rising international companies, and we’re excited to have him sign up for us on our adventure.”
Mr. Spanos joins META from L-Nutra, Inc., a biotech corporate main the invention, design, and commercialization of novel, step forward diet era and healing answers. In 2021, as President for the shopper department, he led the workforce to ship 30% development. Just lately, he enabled triple digit development in world trade via reshaping partnerships in Italy, Germany, and the United Kingdom, increasing trade within the Heart East and finishing distribution offers in Japan and China.
“I’m overjoyed and venerated to enroll in the circle of relatives of Meta Fabrics,” mentioned Manos Spanos, META’s new Leader Industry Officer. “The spirit of a real trailblazer is one thing that I at all times aspired to, and at META, we’re taking that spirit to the following stage. In combination, we will be able to lend a hand shoppers develop considerably via serving to them free up the total price of distinctive, subsequent era merchandise with META’s world-leading answers and units. I’m searching ahead to operating with our wonderful international workforce to forge the robust partnerships that may convey to marketplace those proprietary answers within the fields of Aerospace & Protection, Communications, Car, Client Electronics, Power and Scientific.”
Up to now, Mr. Spanos used to be main the promoting and trade construction efforts for the most important trade unit of Danone globally, the place he fueled a turnaround that drove sustained development in retail gross sales as Senior Vice President/Leader Advertising and marketing Officer. Previous to Danone, Mr. Spanos spent ten years with PepsiCo, along with his closing function being Vice President Advertising and marketing. For one of the most biggest PepsiCo manufacturers with $10 billion in retail gross sales, he led the systems that helped the trade unit grow to be the quickest earnings rising carbonated comfortable drink line within the PepsiCo portfolio. Mr. Spanos started his occupation in product control with Johnson & Johnson.
Since 2018, Mr. Spanos has been a Board member of the Nationwide Promoting Evaluation Board (NARB) and has received a large number of trade accolades together with the Global Marketer of the Yr Award from the Internationalist/ANA. Mr. Spanos is an alumnus of Hartwick Faculty of New York, with a bachelor’s stage in Control. He holds an MBA in Advertising and marketing from the College of Miami (UM), the place he lately serves as Member of the Advertising and marketing Board for the UM College of Industry.
About Meta Fabrics Inc.
META® delivers prior to now unachievable functionality, throughout a spread of programs, via inventing, designing, creating, and production sustainable, extremely purposeful fabrics. Our in depth era platform permits main international manufacturers to ship step forward merchandise to their shoppers in client electronics, 5G communications, well being and wellness, aerospace, car, and blank power. Our nano-optic era supplies anti-counterfeiting safety features for presidency paperwork and currencies and authentication for manufacturers. Our achievements were well known, together with being named a Lux Analysis Innovator of the Yr in 2021. Be told extra at www.metamaterial.com.
Ahead-Having a look Data
This press free up comprises forward-looking data or statements throughout the that means of Canadian securities regulations and throughout the that means of Phase 27A of the Securities Act of 1933, as amended, Phase 21E of the Securities Change Act of 1934, as amended, and the Personal Securities Litigation Reform Act of 1995, in regards to the Corporate, which might come with, however aren’t restricted to, statements with recognize to the trade methods, product construction, enlargement plans and operational actions of the Corporate. Steadily however no longer at all times, forward-looking data can also be recognized by means of phrases corresponding to “pursuing”, “doable”, “predicts”, “tasks”, “seeks”, “plans”, “be expecting”, “intends”, “expected”, “believes” or diversifications (together with adverse diversifications) of such phrases and words, or statements that sure movements, occasions or effects “might”, “may”, “must”, “would” or “will” be taken, happen or be completed. Such statements are according to the present expectancies and perspectives of long term occasions of the control of the Corporate and are according to assumptions and topic to dangers and uncertainties. Despite the fact that the control of the Corporate believes that the assumptions underlying those statements are affordable, they’ll end up to be flawed. The forward-looking occasions and instances mentioned on this free up won’t happen and may range materially on account of recognized and unknown possibility components and uncertainties affecting the Corporate, the features of our amenities and the growth thereof, analysis and construction tasks of the Corporate, the marketplace doable of the goods of the Corporate , the marketplace place of the Corporate, the wish to lift extra capital and the facility to take action, the scalability of the Corporate’s manufacturing talent, capability for brand spanking new buyer engagements, subject material variety systems timeframes, the facility to scale back manufacturing prices, toughen metamaterials production features and prolong marketplace succeed in into new programs and industries, the facility to boost up commercialization plans, the opportunity of new buyer contracts, the continuing engagement of our staff, the era trade, marketplace strategic and operational actions, and control’s talent to control and to function the trade. Extra information about those and different dangers that can affect the Corporate’s companies are described beneath the heading “Ahead-Having a look Data” and beneath the heading “Chance Components” within the Corporate’s Shape 10-Ok filed with the SEC on March 1, 2022, with an SEC submitting date of March 2, within the Corporate’s Shape 10-Q filed with the SEC on Might 10, 2022, and in next filings made via Meta Fabrics with the SEC, which can be to be had on SEC’s web page at www.sec.gov. Despite the fact that the Corporate has tried to spot essential components that might motive exact movements, occasions or effects to range materially from the ones described in forward-looking statements, there is also different components that motive movements, occasions or effects to range from the ones expected, estimated or meant. Accordingly, readers must no longer position undue reliance on any forward-looking statements or data. No forward-looking commentary can also be assured. Except for as required via acceptable securities regulations, forward-looking statements talk best as of the date on which they’re made and the Corporate does no longer adopt any legal responsibility to publicly replace or revise any forward-looking commentary, whether or not on account of new data, long term occasions, or in a different way, except for to the level required via legislation.
Media Inquiries
Rob Stone
Vice President, Company Building and Communications
Meta Fabrics Inc.
[email protected]
Investor Touch
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Senior Vice President
Integrous Communications
Telephone: 1-877-255-8483
Electronic mail: [email protected]
SOURCE: Meta Fabrics Inc.
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