SKYE International Hires New Vice President Sales and Marketing
11 March 2009 - 12:00AM
Business Wire
SKYE International, Inc. (OTCBB: SKYI), the developer and
marketer of next-generation electric tankless water heaters, is
pleased to announce the appointment of Mr. L. Fred Huggins as the
Company�s Vice President of Sales and Marketing. Prior to joining
the Company, Mr. Huggins was the Vice President Sales and Marketing
of Noble Innovations Inc., a company that is developing a competing
line of electric tankless water heaters. Prior to this Mr. Huggins
was Executive Vice President of Universal Metal Industries, Inc.
and the President of Artech USA, LLC. Mr. Huggins had served in
those positions since January 2002 and led all aspects of sales,
marketing, and administration for the range hood manufacturing
company, as well as launching the new brand and company of Artech.
Beginning in 1979, Mr. Huggins held various positions and titles
for the Whirlpool Corporation handling various aspects of sales and
marketing, the most recent being the Purchase Experience and
product launch manager for Whirlpool Corporation from April 1996
through December 2001. During that time, Mr. Huggins was the
project lead, delivering nationwide experiential new product
launches that included developing launch strategy, budgets,
scheduling, executing and follow up of the launch. Mr. Huggins also
worked as a Division and Sales Manager of the Retail Channel, a
Manager of Retail Marketing Education and Builder Marketing
Education, a Field Sales Manager, and an Account Manager for the
Whirlpool Corporation. Mr. Huggins received a Bachelor of Science
in Business Administration from Florida State University and
performed Graduate Studies at the University of South Florida.
Mr. Huggins will join an existing sales and marketing department
staffed with regional product managers across the United States.
Mr. Huggins will be primarily responsible for overseeing and
building the Company�s growing network of manufacturer
representatives and wholesale distributors across the country.
For further information, visit www.tankless.com
This press release contains forward-looking statements within
the meaning of the federal securities laws, including statements
concerning product development activities and sales and licensing
activities. Such forward-looking statements are not guarantees of
future performance, are sometimes identified by words of condition
such as "should," "may," "expects" or "intends," and are subject to
a number of risks and uncertainties, known and unknown, that could
cause actual results to differ materially from those intended or
anticipated. Such risks include, without limitation: the
possibility that the market will not respond positively to the
Company�s products, that early interest in the Company or its
products will fail to result in commercially viable products,
challenges arising from competition, problems encountered in
commercializing technologies, such as the Company�s Paradigm
technology, the potential of undetected infringing technology or
non-infringing competitive technologies, difficulties experienced
in product development, roadblocks experienced in sales and
marketing activities, longer than expected sales processes,
difficulties in recruiting knowledgeable and experienced personnel,
possible problems in ramping up product production, potential
problems in protecting the Company's intellectual property, and
problems securing the necessary financing to continue business
operations. Further information concerning these and other risks
are included in the Company's filings with the Securities and
Exchange Commission.
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