powerlase
Powerlase Appoints Head of PDP Sales and Marketing Development
POWERLASE Limited, manufacturers of the world’s most powerful nanosecond Q-switched, diode-pumped solid state (DPSS) lasers, has appointed Kevin Reardon as head of plasma display panel (PDP) sales and business development.
Following global agreements with Samsung and LG, POWERLASE has become a significant global supplier of lasers to the PDP market. Approximately 60 per cent of global PDP production relies on POWERLASE laser systems. Reardon’s remit will include growing the laser innovator’s market share and defining and meeting the next generation requirements of POWERLASE’s customers.
Prior to joining POWERLASE, Reardon enjoyed 20 years in the capital sales sector. Seven of these were spent as managing director of Nd:Yag laser manufacturer New Wave Research (NWR). During his time at NWR, Reardon established a UK-based subsidiary of the company responsible for sales and customer service in Europe. Under Reardon’s direction, the company grew market share to over 80 per cent, from less than 25 per cent, becoming the number one manufacturer in just three years. This position has been maintained for the past three years.
Company comments
Commenting on his new position, Reardon says: “POWERLASE technology is setting new industry standards for the manufacture of PDPs. We have a reputation of customer-driven applications success and I’m looking forward to taking advantage of the POWERLASE pedigree in technology innovation.
“Our development of new products and applications is based on close and increasingly collaborative working relationships with our customers to identify, develop and deliver the next generation of laser manufacturing technologies.”
Tony King POWERLASE CEO comments: “We have just posted 400% growth for the past 12 months. This appointment is a real statement of intent for POWERLASE in our efforts to increase our already impressive performance, both in terms of acquiring market share and it terms of enhancing our reputation as a truly customer-focused manufacturer. Everything we do has the customer in mind and we are looking forward to Kevin strengthening both aspects of the business for our PDP applications business.”
About Powerlase
Powerlase Limited is an innovative, independent, high power Laser Company, focused on Diode Pumped Solid State lasers developed for industrial applications primarily for use in the materials processing and microelectronics markets for flat panel displays, microelectronics, automotive and aerospace sectors.
POWERLASE is supported by venture capital from MTI Partners, Deutsche Venture Capital, Esprit Capital Partners LLP (formerly Cazenove Private Equity), Alice Ventures and FNI Venture Capital.
Powerlase Limited is ranked as the fifth fastest growing venture capital-backed company in the UK in the Daily Telegraph's Business Telegraph Growth Rankings.
For further information
Please contact: Blaise Hammond, Katie Judge or Simon Hilliard at Fuse PR.
Tel: +44 (0)20 8752 3203
blaise@fusepr.com / katiej@fusepr.com / simon@fusepr.com