Glen Barton Joins Board of Intellihot Green Technologies

Intellihot Green Technologies, a Galesburg, Il.-based company that makes tankless water heater systems for residential and commercial markets, ha appointed Glen Barton to its board of directors. Barton is a retired chairman and CEO of the construction and mining company Caterpillar.

PRESS RELEASE:

Intellihot Green Technologies Inc. (“Intellihot”) today announced the appointment of Mr. Glen Barton to its Board of Directors. Intellihot manufactures energy-efficient tankless water heating systems and boilers for residential and commercial applications.

Mr. Barton is a retired chairman and chief executive officer of Caterpillar Inc. in Peoria, Illinois. With 2011 revenues of $60.138 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives.

Mr. Barton joined Caterpillar as a college graduate trainee in 1961. During his 43-year career, he held numerous marketing and management positions throughout the world, prior to being elected Chairman and Chief Executive Officer in February 1999. He retired from Caterpillar on January 31, 2004. Among his many accomplishments, Mr. Barton was a member of the President’s Export Council. He served as a Global Advisor to The Conference Board and as a trustee of the Malcolm Baldridge National Quality Award Foundation. In 2011, he was recognized by his peers as one of six Outstanding Corporate Directors and this past September he was inducted into the Mining Hall of Fame. Among his many philanthropic activities, Mr. Barton is the past Chairman of the Peoria Civic Federation and a founding director of Peoria NEXT and the Central Illinois Angel (“CIA”) Network. The latter is an investor in Intellihot.

Mr. Barton joins a growing Board of Directors that also includes Donald Sackman, partner with Independence Equity, a venture capital fund, Sridhar Deivasigamani, co-founder and President of Intellihot and Sivaprasad Akasam, co-founder and CTO of Intellihot.

According to Mr. Deivasigamani, “We are honored to add a man of Glen’s character and accomplishment to our team. Glen’s experience leading one of the world’s most respected manufacturing companies is invaluable to Intellihot as we work to build a great company.”

Mr. Barton added: “I am pleased to work with Intellihot’s talented team. Sri and Siva have built an innovative water heating system for residential as well as commercial usage that addresses global problems of water and energy scarcity. There is nothing like supporting passionate entrepreneurs as they seek to commercialize technologies that will have a significant positive impact on the world.”

About Intellihot

Intellihot Green Technologies Inc. manufactures tankless water heater systems for residential and commercial applications. The company’s mission is to create products that solve human energy needs with lower environmental impact. With patents issued and pending, Intellihot’s systems are based on years of extensive research and development and have been recognized for their innovative design. Recognitions and awards include: 2011 – Identified as Top20 High Growth Company in IL, 2010 – USA top 24 companies outside Silicon Valley and 2009 – Top 6 most Innovative companies in Illinois. Intellihot products are designed and built in the United States making it the First Gas Tankless to achieve this distinction.

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