Sam Hires Joins Nanostellar as President of Heavy-Duty Business

REDWOOD CITY, Calif., June 13, 2011 /PRNewswire/ -- Nanostellar, Inc., a company developing materials for automotive emissions control and other cleantech applications, announces Samuel D. Hires joins its management team as President, Heavy-Duty Business.  

Sam Hires brings to Nanostellar more than 35 years of industry experience at Cummins and Ford in leading heavy-duty diesel businesses and engineering teams.  During the last 16 years, as Cummins Vice President, Sam directed the Light Duty Diesel Program, and Engineering Development for both Heavy Duty and High Horsepower Products.  Sam also served on several Cummins global joint ventures boards.  Sam holds a MS in Mechanical Engineering from MIT and an MBA in Finance.

Sam Hires commented, "I am very excited about joining Nanostellar and helping this incredibly creative and talented team leverage its inventions.  Now that Nanostellar has commercialized its technology in diesel cars, heavy-duty and off-road diesel engines represent the next large opportunity.  Nanostellar's suite of catalytic materials can be easily adapted for use in heavy-duty engines, while its capabilities in developing innovative new materials are impressive.  The recent announcement by Lux Research, naming Nanostellar as one of the two leading emerging catalyst companies is independent confirmation of that."

"We are excited and honored to welcome Sam to our team," said Pankaj Dhingra, CEO of Nanostellar.  "Sam brings to Nanostellar years of experience, credibility and contacts in the heavy-duty industry.  Now that the light duty diesel automotive manufacturers have already commercialized Nanostellar's technology, we must broaden our focus to include the heavy-duty and off-road industry.  With Sam's help, we expect to make fast progress in getting our solutions accepted and commercialized by the heavy-duty industry."

About Nanostellar

Nanostellar develops advanced catalysts for an array of applications that include emissions control, energy efficiency, and the synthesis of chemicals and fuels. These solutions are developed using the Company's innovative Rational Design Methodology, incorporating computational methods and subject matter expertise in nano-materials and synthetic chemistry.

The Company has commercialized its products in diesel vehicle emissions control. Its pipeline includes catalysts for non-automotive applications such as hydrogen peroxide synthesis, synthesis gas (syngas) reformation and waste-heat recovery systems.

In 2008 the World Economic Forum recognized Nanostellar as a Technology Pioneer, an honor it bestows on those companies whose innovations are expected to have a critical impact on the future of business and society. In 2011 Nanostellar was named as a top emerging catalyst company by Lux Research, an independent research and advisory firm providing strategic advice and on-going intelligence on emerging technologies.

The company is located in Silicon Valley, California, and is funded by venture capital and other private investors.

For more information, visit www.nanostellar.com.

Nanostellar is a registered trademark of Nanostellar, Inc. All other brands, products, or service names are or may be trademarks or service marks of their respective owners.

SOURCE Nanostellar, Inc.

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