David Malone Joins Aculon's Board of Directors
SAN DIEGO, Calif. - Aculon, Inc., a leading nanotechnology enabled performance coatings company, today announced that David J. Malone, President and CEO of Gateway Financial, was elected to the company's board of directors.
Online, June 7, 2011 (Newswire.com) - "David's experience in the investment space will prove very valuable to Aculon as we continue our pace of rapid growth." said Edward Hughes, CEO of Aculon, Inc.
"I am excited about joining the Aculon Board, the company has great technology targeted at big markets with a strong team in place to lead them though a period of rapid growth." said David Malone, President and CEO of Gateway Financial. "I look forward to helping with strategic initiatives and introducing them to additional partners."
He is a member of various professional industry organizations. Mr. Malone was appointed by the Governor of Pennsylvania as Chairman of the State's Workforce Investment Board after serving for four years as Chairman of the Three Rivers Workforce Investment Board for Pittsburgh and Allegheny County. Mr. Malone is former Chairman of the Greater Pittsburgh Chamber of Commerce, and currently serves on the board of the Allegheny Conference on Community Development, FNB Corporation, the Western PA Surgery Center and Youth Places Chairman. In addition, he is a Trustee of Robert Morris University and the Jewish Healthcare Foundation. Malone's years of experience compliment Aculon's board of directors and adds a well-seasoned perspective as Aculon continues innovation and growth in nano-coatings.
Additionally, Mr. Malone is involved in various real estate and other projects including hotel and multi-use properties, operating companies, etc.
A native of Pittsburgh, Mr. Malone earned his BS in Economics from Allegheny College and later earned the Chartered Life Underwriter (CLU) and Chartered Financial Consultant (ChFC) designations from the American College.
About Aculon
Founded in 2004, Aculon specializes in inventing and commercializing unique molecular-scale surface and interfacial coatings leveraging nanotechnology discoveries made at Princeton University. The Company's breakthrough technology outperforms all known alternatives in characteristics such as oleophobic coating, hydrophobic coating, stainless steel coatings, particle treatments, and adhesion promotion.
Key benefits of Aculon technology include:
• Repellency - Treat numerous surfaces to repel water, oil, solvents, and most all liquids.
• Particle Treatment - Functionalize nanoparticles to improve many characteristics such as hydrophobicity, oleophobicity, and adhesion.
• Adhesion - Boost the adhesion of challenging surfaces with Aculon's adhesion promoting treatments.
• Value - Molecular scale modification can transform surfaces and interfaces to provide unique performance, simpler processes, and favorable economics.
Aculon's team brings together seasoned executives from the specialty chemicals industry, professional investors experienced in early-stage technology companies, key scientists from Princeton University, and proven business development professionals.
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Tags: Hydrophobic Coating, Nanotechnology Coating, stainless steel coating