SARASOTA, Fla., June 17 /PRNewswire-FirstCall/ -- Sunovia Energy Technologies, Inc. (OTC Bulletin Board: SUNV) today announced the appointment of Erich Hofer to its board of directors. Hofer's multifaceted background should assist the company in raising capital, and exploring international sales opportunities and operations, including financial operations. Hofer has an accomplished 20-year career in the financial and banking industries.
Hofer currently serves as a director at Arkanova Energy Corporation, where he was involved in securing the company's largest project acquisition to date and utilized his resources from Europe to provide significant capital for the operation. Hofer was a financial analyst and business consultant at PetroHunter, where he supported corporate and business initiatives through strategizing methods for development and growth. Having completed his goal of restructuring the company's operations, he has resigned from PetroHunter and plans to devote more of his time to Sunovia.
Hofer has held a number of key leadership positions, including financial controller at Zurich Cantonal Bank, the largest state bank in Switzerland. Hofer was also the Chief of Staff at Schneeberger, a technology manufacturing company. In Switzerland, he was the CFO at Argo-Hytos, an international manufacturer of industrial and mobile hydraulic systems. The experience he gained through overseeing all internal and external transactions at Argo-Hytos will be invaluable to Sunovia.
Hofer is a Certified Management Accountant and received his bachelor's degree in economics and management from the University for Applied Science for Business and Administration in Zurich. He also holds an MBA from the University of Chicago. Hofer is a Colonel for the Swiss Armed Forces Division and a member of the General Staff. Speaking more than four languages and managing business in ten different countries, Hofer is a veritable global entrepreneur.
Carl Smith, CEO of Sunovia, said, "Whether it's his ability to understand each industry or his cultural and international intelligence, Erich skillfully blends his dynamic leadership style with truly innovative methods. We are confident that with his guidance, we will bring out the best in Sunovia."
"I am pleased to join the board of directors and am looking forward to working with the skilled and ambitious team at Sunovia," Hofer said. "I am confident in the products, business opportunities and the ecological achievement of Sunovia and I'm proud to be a part of such an impressive organization. I am eager to focus my knowledge and expertise toward the advancement of Sunovia into a leadership position in the energy technology industry."
About Sunovia Energy Technologies, Inc.
Sunovia Energy Technologies is a Sarasota, FL-based clean-tech company that develops and markets products within the LED lighting and solar markets that reduce carbon emissions, promote national security and preserve the environment.
Sunovia's LED lighting technologies have the highest Energy Star® Fitted Target Efficiency (FTE) ratings in the industry, and are among the most cost and energy-efficient in the world. The products are marketed under the brand name EvoLucia®.
The Sunovia(TM) logo is a registered service mark of Sunovia Energy Technologies, Inc. in the United States and/or other countries. Sunovia Energy products and services and EvoLucia(R) products and services are provided by Sunovia Energy Technologies, Inc.
Some of the statements made by Sunovia in this press release are forward-looking in nature. Actual results may differ materially from those projected in forward-looking statements. Sunovia believes that its primary risk factors include, but are not limited to: development and maintenance of strategic acquisitions; domestic and international acceptance of our product lines; defending our intellectual property and proprietary rights; development of new products and services that meet customer demands and generate acceptable margins; successfully completing commercial testing of new technologies and systems to support new products and services; and attracting and retaining qualified management and other personnel. Additional information concerning these and other important factors can be found within Sunovia's filings with the Securities and Exchange Commission. Statements in this press release should be evaluated in light of these important factors.
SOURCE Sunovia Energy Technologies, Inc.