ALBUQUERQUE, NM, APRIL 7, 2015 – SensorComm Technologies, Inc. (the “Company” or “SensorComm”) would like to congratulate Robert L. Pevenstein, who serves on SensorComm’s Board of Directors (“Board”), for his appointment by Maryland Governor Larry Hogan to serve for a five-year term on the University System of Maryland 17-member Board of Regents where he will help oversee the system’s academic, administrative, and financial operations; formulate policy; and appoint the USM chancellor and the presidents of the system’s institutions.
Kamil Agi, Chairman of SensorComm commented: “On behalf of the management team and fellow Board members, I would like to congratulate Bob on this appointment. This is Bob’s second appointment to the Maryland Board of Regents. This is quite a tribute to his capabilities and his track record. Because of his continued leadership, we believe the next five years will be a period of significant opportunity and growth for both the University System of Maryland and SensorComm.”
Mr. Pevenstein’s career spans almost 40 years of public accounting (Price Waterhouse) and public company senior financial corporate management where he led many M&A transactions and provided board of director service including multiple chairman’s roles.
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About SensorComm Technologies Inc: Based in Albuquerque, NM, SensorComm designs, develops and manufactures IoT-based (Internet of Things) advanced sensor systems that combine smart sensors, smart measurement and smart monitoring for the Transportation and Smart City segments. SensorComm has just completed development and is introducing an advanced IoT-based NOx sensor. This sensor targets next-generation emission control systems by enabling real-time measurement and monitoring capabilities. The product is currently going through mass-market customization for diesel transportation, air quality and Smart City mobile and stationary applications.
Forward Looking Statement: Information contained herein regarding optimism related to the Company’s business, technology, development activities and other such statements are “forward-looking statements”. While SensorComm believes such statements are reasonable, they are based on current expectations, estimates and projections about the Company’s business and are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict. Actual results could vary materially from the description contained herein due to many factors including changes in current or future regulations, access to financing, international and domestic economic conditions and other risk factors. The Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.