Carbon Motors Corporation Appoints InterWest Partners’ Nash

Carbon Motors Corporation has appointed Ron Nash to its board of directors. Nash is a member of InterWest Partners, a Silicon Valley headquartered, technology venture capital partnership with practices in information technology and life sciences.

PRESS RELEASE

Carbon Motors Corporation announced today that Ron Nash will join its Board of Directors effective 1 June 2012. Nash’s appointment brings more than 25 years of experience in high growth companies and critical executive leadership in turnaround situations in both multi-billion dollar technology companies like Perot Systems and EDS, and in multiple breakthrough technology companies.

“Ron’s expertise in start-ups, technology, fundraising, corporate governance and successful IPOs will be of great value in the board room,” stated William Santana Li, chairman and chief executive officer, Carbon Motors Corporation.

Nash is a member of InterWest Partners, a Silicon Valley headquartered, technology venture capital partnership with practices in information technology and life sciences. As a Partner at the Dallas office of InterWest, he invested in multiple new technology start-up companies and serves as a director to help chart their growth and increase their market value. His investments have created companies with a current market value of more than $500 million. He is also a board member of the Defense Venture Capital Initiative, which aims to connect various units of the US Department of Defense with breakthrough technology companies at very early stages in order to accelerate technology adoption.

“Carbon’s mission to provide law enforcement with a long overdue, purpose-built product is not only noble but an opportunity to build a tremendously successful business worldwide,” said Nash. “The Company has a breakthrough product on its hands, has customers waiting, the management team is in place, it has established a distinguished advisory board, key suppliers are engaged and the first phase of refurbishing the factory in Connersville has been completed. I could not be more excited to help with the next phases of growth.”

Previously, Ron had a successful tenure at Perot Systems (now Dell Services) where he was a senior Vice-President from 1993 to 2000 with revenue growth from around $100 million to $1.2 billion, and was a member of the team leading their IPO process in 1999. At Perot Systems, his responsibilities included managing their industry group worldwide with revenue from healthcare, utilities, transportation and insurance verticals, managing sales and marketing worldwide, managing their overseas business operations, and being a member of a team which managed their business in North America (the majority of the company at the time). He was a Director of HPS, their joint venture in India for software development with HCL Technologies. His career at Perot Systems included in-depth business experience abroad with a multi-year assignment leading the European & Asian divisions of Perot Systems and living in London, England.

Ron began his career at EDS (now HP Enterprise Services), serving in both technical and business management positions over six years, and served in the U.S. Army in the 1st Battalion, 3rd Infantry (The Old Guard) in Washington, D.C. He has been recognized as a member of the Academy of Distinguished Engineering Alumni at Georgia Tech, as a Distinguished Alumnus of the School of Industrial and Systems Engineering at Georgia Tech, a Distinguished Alumnus of the Jindal School of Management at the University of Texas at Dallas, and a Distinguished Alumnus of the University of Texas at Dallas.

About Carbon Motors Corporation

Carbon Motors Corporation’s long-term mission is to be the world leader in law enforcement vehicle technology by producing a portfolio of innovative purpose-built specialty vehicles for the global market.

SOURCE: Carbon Motors Corporation