Exro Technologies Inc. CEO Highlights Company’s Smart Coil-Switching Technology — a New Brain for Electric Motors; Discusses Recent Milestones and Corporate Goals

NEW YORK, June 16, 2020 (GLOBE NEWSWIRE) -- via NetworkNewsAudio — Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) today announces that its CEO, Sue Ozdemir, has been featured in an exclusive audio interview with NetworkNewsWire (“NNW”), a financial news and content distribution company and one of 40+ brands in the InvestorBrandNetwork (“IBN”). During the interview, Ozdemir provided insight into what makes Exro’s smart coil-switching technology a potential gamechanger for electric motors, as well as discussing the company’s recent milestones and goals for the balance of 2020.

The broadcast can be heard at The NetworkNewsAudio Interviews Podcast.

Ozdemir started the interview by providing a brief overview of Exro’s unique technology, which she describes as “a new brain for electric motors.” By connecting an electric motor, through a controller, to the company’s smart coil-switching technology, users can optimize speed and torque more efficiently, allowing the unit to go farther. “We could get more usage out of the battery range or just optimize the complete system,” she said.

This innovative technology played a key role in Ozdemir’s decision to join the company in September 2019, after being CEO of General Electric’s Small Industrial Motors Division. “When I saw the technology at Exro what I really saw was this fantastic technology that addresses the issue that the market has with the limitations of electric motors not having speed and torque capabilities, but they didn’t know how to commercialize it,” she continued. “I decided that it was a good fit for me and that I could work with a great team to make this into the size of company that I know it should be.”

Since joining Exro, Ozdemir has turned her attention toward assembling a strong management team to guide Exro as it looks to commercialize its promising tech. “I recruited Josh Sobil in November. Josh joined me as the chief commercial officer from Siemens Canada,” she stated. “We’re continuing to build up our team, and we’ve got a strong board of directors led by Mark Godsy, who is a serial entrepreneur who has been included in many successful ventures across Canada, most successfully with two companies – ID Biomedical and Angiotech Pharmaceuticals.”