Ystrategies Corp. Appoints Enterprise Innovation Expert Andrea Kates as Chief Innovation Officer
Will lead rapid commercialization of new clean technology
SAN FRANCISCO–(BUSINESS WIRE)–Ystrategies Corp. (“Ystrategies” or the “Company”) (OTC: YSTR), a
publicly-traded venture capital firm focused on technology startups with
disruptive intellectual property in the software and cleantech sectors,
today announced the appointment of Andrea Kates as the Company’s Chief
Innovation Officer. In this newly created position, she will lead
Ystrategies’ initiatives in innovative portfolio acceleration and
development through strategic partnerships.
A globally recognized thought leader in enterprise innovation and
disruption, Ms. Kates is an expert at uncovering untapped opportunities
and galvanizing strategic vision for enterprises and startups providing
her expertise for companies like Copano Energy, ABB, Shell and GM. Her
original research in cross-industry growth was published in her book, Find
Your Next. She is an early pioneer in lean innovation, recently
serving as CEO of LaunchPad Central, a San Francisco SaaS software
company.
“Andrea Kates has few, if any, peers with the depth of expertise in
bridging the gap to commercialization and strategic partnerships for
exciting new technologies,” said Jim Kiles, Ystrategies’ CEO. “We are
already working together on the acceleration of our efforts to increase
power from wind farms with low-cost cloud computing and other
opportunities across our portfolio.”
“I welcome the challenge of transforming promising new technologies into
real, powerful growth engines for the cleantech sector,” said Ms. Kates.
Separately, Ystrategies announced that Paul Overby will transition into
a new role as Vice President of Global Strategy. "I look forward to
continue working with the Ystrategies team on the global opportunities
that lie ahead," said Mr. Overby, who will remain as a Director to the
Company.
About Ystrategies Corp.
Ystrategies is a publicly-traded venture capital firm concentrated on
building disruptive businesses focused on critical issues such as
renewable energy and clean technology. Ystrategies invests in science
and technology emerging from the US National Laboratory System,
incubators, businesses and academic institutions. The Company looks for
market-ready technology with large addressable markets and intellectual
property ready to engage identified customer segment partners in
important commercial agreements. Investments are premised on closing
strategic partner agreements as pathways to valuable exits. Ystrategies
was founded by former Intel Capital Managing Director, Jim Kiles, who is
supported by industry veterans Ashish Badjatia, Andrea Kates, Paul
Overby, Jon Sigerman, Neil Cohen and Shirley Gee. Ystrategies has
offices in Pittsburgh and San Francisco. For more information, visit
Ystrategies’ website at: http://www.ystrategies.com.
Forward Looking Statements.
Certain statements contained herein may be considered “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995, and it is our intent that any such statements be
protected by the safe harbor created thereby. Except for historical
information, the matters set forth herein including, but not limited to,
any statements concerning our plans, strategies, investments, and
objectives are forward-looking statements. These forward-looking
statements are based on our current expectations, estimates and
assumptions and are subject to certain risks and uncertainties. Although
we believe that the expectations, estimates and assumptions reflected in
our forward-looking statements are reasonable, actual results could
differ materially from those projected or assumed in any of our
forward-looking statements. Important factors that could cause our
actual results to differ materially from estimates or projections
contained in our forward-looking statements are set forth in the Risk
Factors section and elsewhere in the reports we have filed with the
Securities and Exchange Commission. We do not intend, and undertake no
obligation, to update any forward-looking statement.
Contacts
Ystrategies Corp.
Neil Cohen, 415-652-5544
Vice
President, Marketing and Business Development
[email protected]
or
The
Equity Group
Kalle Ahl, 212-836-9614, CFA
[email protected]
or
Devin
Sullivan, 212-836-9608
[email protected]
