Pond Technologies Provides Update on Business Activities and Opportunity Pipeline - Seite 2

Dan O'Connor joins as Pond's VP of Business Development. Dan brings a broad depth of experience and knowledge in the integrated control systems and biofuels industries. As an entrepreneur in both industries, Dan has an extensive understanding of bringing new and emerging industries to scale and commercialization. With experience in all aspects of project development and business development as well as having successfully raised capital specifically for project development. More recently, Dan has been involved in the Cannabis area, where he was involved as a consultant in business development and ultimately in negotiations involving the sale of the company to a more prominent industry player.

Dan graduated from the University of Guelph with an Honours B.Sc. degree in Human Biology and Business Administration.

Management Commentary

VP Business Development, Dan O'Connor, said: "I'm very excited to be joining Pond at this pivotal point in the development of the company, as it embarks on the road to commercialization. Having spent my entire career developing businesses in emerging industries such as technology, renewable energy, and cannabis, I look forward to bringing my skillset to the Pond team as we move this company forward. With the accelerated movement of corporations to solidify their ESG policies, Pond is primed and ready to capture a large part of that business with its established, patented cutting edge CCU technology."

Peter Howard, VP Project Development, said: "Our projects in the biotech and animal feed sectors are proceeding as planned, and we continue to prove our technology can help solve some of the world's toughest challenges. As we move through project milestones and earn additional licensing revenues, we will add further projects based on different applications of the same core technology. It's incredibly exciting to see this process gathering momentum."

President & CEO at Pond, Grant Smith, said: "Pond has built robust, scalable growth technology with 26 active patents globally and is leveraging these through ongoing discussions internationally. We are in the early stages of commercialization and see an enormous number of opportunities to leverage the vertically integrated platform we have developed, which will allow us to build a solid and diversified revenue base. Currently, we are in advanced licensing discussions with multinational companies in the animal feed, food production, nutraceuticals, mining, and oil and gas sectors, with expected deal announcements to be made throughout the year."