Amprius Appoints Kathleen Bayless to Board of Directors
April 27 2023 - 04:10PM
Business Wire
Ms. Bayless Brings Additional Executive
Experience and Financial Expertise to Amprius Technologies
Amprius Technologies, Inc. ("Amprius") (NYSE:
AMPX), a leader in next-generation lithium-ion batteries with
its Silicon Anode Platform, has appointed Kathleen Bayless as an
independent director on its Board of Directors, effective April 25,
2023. Ms. Bayless will serve as the Chair of the Company’s Audit
Committee.
Kathleen Bayless is an accomplished executive with more than 25
years of experience leading technology-focused public companies.
Prior to her retirement in 2015, she served as the Chief Financial
Officer and Treasurer of Synaptics Incorporated, a leader in human
interface semiconductor technology.
“On behalf of the entire leadership team at Amprius, I would
like to welcome Kathy to our Board of Directors,” said Donald
Dixon, Chairman of the Board. “Kathy is a seasoned executive and
board member who is well-versed in the various challenges and
opportunities in our marketplace. We are fortunate to be bringing
on someone of Kathy’s caliber to the Board and look forward to
benefitting from her unique perspective and leadership as our new
Audit Committee Chair.”
“Amprius is driving the electric mobility sector forward with
its commercially available silicon anode technology,” said Ms.
Bayless. “As demand for Amprius batteries’ exceptional power and
efficiency grows, so will our push for expanded production
capacity. I look forward to leveraging my background to help
Amprius continue to scale its infrastructure and capitalize on the
exciting growth opportunity ahead.”
Previously, Ms. Bayless was Chief Financial Officer and
Secretary at Komag Incorporated, a leading supplier of thin-film
disks to the hard disk drive industry, where she also held other
financial leadership positions during her tenure. She previously
worked with the public accounting firm Ernst & Young as
well.
Ms. Bayless currently serves on the board of directors of Veeco
Instruments, a publicly traded semiconductor equipment
manufacturer, and Ballard Power Systems, a publicly traded
manufacturer of PEM fuel cells. Ms. Bayless is currently the Chair
of the Audit Committee at Veeco Instruments. She holds a B.S. in
Accounting and Finance from the California State University,
Fresno.
For additional details, please reference the Form 8-K filed with
the U.S. Securities and Exchange Commission on April 27, 2023,
which can also be found in the Investor Relations section of the
Company’s website.
About Amprius Technologies, Inc.
Amprius Technologies, Inc. is a leading manufacturer of
high-energy and high-power lithium-ion batteries producing the
industry’s highest known energy density cells. The Company’s
corporate headquarters is in Fremont, California where it maintains
an R&D lab and a pilot manufacturing facility for the
fabrication of silicon anodes and cells. To serve significant
customer demand for its high-performance silicon anode lithium-ion
batteries, Amprius recently entered into a lease agreement for an
approximately 774,000 square foot facility in Brighton, Colorado
that initially provides a potential of up to 5 gigawatt-hours (GWh)
manufacturing capacity.
Amprius’ commercially available batteries deliver up to 450
Wh/kg and 1,150 Wh/L, the industry’s highest known energy density
cells available on the market today. Based on Amprius’ current
level of battery performance and pilot production, the Company will
be able to use its proprietary anode technology to deliver battery
cells that contain energy density levels that approach 2x the
performance of current commercially available graphite cells. For
additional information, please visit amprius.com. Also, see the
Company’s LinkedIn and Twitter pages.
Forward-Looking Statements
This press release includes “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933, Section
21E of the Securities Exchange Act of 1934, and the “safe harbor”
provisions of the United States Private Securities Litigation
Reform Act of 1995, each as amended, including Amprius’
expectations, hopes, beliefs, intentions or strategies regarding
the future. Forward-looking statements may be identified by the use
of words such as “estimate,” “plan,” “project,” “forecast,”
“intend,” “expect,” “anticipate,” “believe,” “seek” or other
similar expressions that predict or indicate future events or
trends or that are not statements of historical matters. These
forward-looking statements include, but are not limited to,
statements regarding the ability of Amprius to scale its
infrastructure and expand its manufacturing capacity, and the
performance of Amprius’ batteries. These statements are based on
various assumptions, whether or not identified in this press
release, and on the current expectations of Amprius’ management and
are not predictions of actual performance. These forward-looking
statements are not intended to serve as, and must not be relied
upon by any investors as, a guarantee, an assurance, a prediction
or a definitive statement of fact or probability. Actual events and
circumstances are difficult or impossible to predict and will
differ from assumptions. Many actual events and circumstances are
beyond Amprius’ control. These forward-looking statements are
subject to a number of risks and uncertainties, including risks
related to Amprius’ ability to commercially produce its high
performing batteries; delays in construction and operation of
production facilities; risks related to the rollout of Amprius’
business and the timing of expected business milestones; Amprius’
liquidity position; and changes in domestic and foreign business,
market, financial, political and legal conditions. For more
information on these risks and uncertainties that may impact the
operations and projections discussed herein can be found in the
“Risk Factors” section of our Annual Report on Form 10-K filed with
the Securities and Exchange Commission (the “SEC”) on March 30,
2023, and other documents we filed from time to time with the SEC,
all of which are available on the SEC’s website at www.sec.gov. If
any of these risks materialize or our assumptions prove incorrect,
actual results could differ materially from the results implied by
these forward-looking statements. There may be additional risks
that Amprius does not presently know or that Amprius currently
believes are immaterial that could also cause actual results to
differ from those contained in the forward-looking statements. In
addition, forward-looking statements reflect Amprius’ expectations,
plans or forecasts of future events and views as of the date of
this press release. These forward-looking statements should not be
relied upon as representing Amprius’ assessments as of any date
subsequent to the date of this press release. Accordingly, undue
reliance should not be placed upon the forward-looking statements.
Except as required by law, Amprius specifically disclaims any
obligation to update any forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20230427005963/en/
Investors Cody Slach, Tom Colton Gateway Group, Inc.
949-574-3860 IR@amprius.com
Media Zach Kadletz, Brenlyn Motlagh Gateway Group, Inc.
949-574-3860 Amprius@Gatewayir.com
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