Abakan Adds World-Renowned Welding Expert Damian Kotecki to Board of Advisors
MIAMI, March 5, 2013 (GLOBE NEWSWIRE) -- Abakan Inc. (OTCQB:ABKI) ("Abakan" or
the "Company"), an emerging leader in the advanced coatings and metal
formulations markets, today announced the appointment of welding industry
expert Dr. Damian Kotecki, Ph.D., PE to its Board of Advisors. Dr. Kotecki
brings 43 years of welding expertise as well as his extensive technical and
business network to the Board of Advisors, as Abakan transitions its
CermaClad™ large-area cladding technology into full commercial production. Dr.
Kotecki's extensive experience in welding research, pipeline failure analyses,
welding training and specifications, welding procedure development, quality
assurance and stainless/high-alloy welding filler metal and product
development will help assure the company's CermaClad™ products incorporate the
highest levels of technical excellence.
In addition to co-authoring the leading textbook on stainless steel welding,
Dr. Kotecki conducted welding research projects and pipeline failure analyses
for the Battelle Memorial Institute, was the Director of Research for Teledyne
McKay (now part of Illinois Tool Works) and retired as the Technical Director
for Stainless and High Alloy Product Development for the world's largest
welding company, The Lincoln Electric Company. Dr. Kotecki is a former
president of the American Welding Society (AWS), where he currently chairs the
A5D subcommittee on stainless steel welding and the International Standards
Activities Committee. He is also past chair of the International Institute of
Welding Commission II Arc Welding and Filler Metals. Dr. Kotecki holds a BS
and MS in Mechanical Engineering, as well as a Ph.D. in Mechanical Engineering
with a minor in Metallurgical Engineering.
Abakan Director and MesoCoat's CEO, Andrew Sherman, stated: "Damian has been a
true industry champion and technical leader with strong experience in our
industry sector. We are very pleased that he has agreed to join our Board of
Advisors and expect significant contributions from him in both technological
advancement and commercial product applications."
About Abakan Inc.
Abakan develops, manufactures, and markets advanced nanocomposite materials,
innovative fabricated metal products and highly engineered metal composites
for applications in the oil and gas, petrochemical, mining, aerospace and
defense, energy, infrastructure and processing industries. Abakan's technology
portfolio currently includes high-speed, large-area metal cladding technology;
long-life nanocomposite anti-corrosion and-wear coating materials; and
high-strength, lightweight metal composites. Abakan's products have
demonstrated longer life, higher productivity and extremely high
strength-to-weight ratios compared to competing technologies. The Abakan group
of companies have been honored by The Wall Street Journal for being in
Manufacturing Innovation across the globe, by Forbes as the #1 Most Promising
Material Science Company in the United States and has received numerous other
trade, industry and technology awards including 5 R&D 100 Awards and a
Technology Innovation Award from National Institute of Standards and
Technology. Over $50 million has been invested in product development and
testing by federal agencies, national labs, and our companies in order to
deliver products that offer improved performance over the current state of
art. Abakan has successfully introduced its metal coatings for metal asset
protection and life-extension in the oil and gas and mining industries, and is
currently focusing on the scale-up and commercialization of its
highly-disruptive metal cladding products for the oil and gas, oil sands,
mining, and chemical industries. Abakan currently operates from multiple
locations in United States and Canada, and intends to expand global operations
in South America, Canada, Middle East, and Asia-Pacific.
The Abakan, Inc. logo is available at
Forward Looking Statements
A number of statements contained in this press release are forward-looking
statements. These forward looking statements involve a number of risks and
uncertainties including technological obsolescence, market acceptance of
future products, competitive market conditions, and the sufficiency of capital
resources. The actual results Abakan may achieve could differ materially from
any forward-looking statements due to such risks and uncertainties. Abakan
encourages the public to read the information provided here in conjunction
with its most recent filings on Form 10-K and Form 10-Q. Abakan's public
filings may be viewed at www.sec.gov.
CONTACT: Abakan Inc.
Robert Miller, Chief Executive Officer
RedChip Companies for Abakan Inc.
407-644-4256 ext. 110
Antenna Group for Abakan Inc.
Abakan, Inc. Logo
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