CDTi Announces the Appointment of Lon E. Bell, Ph.D. to Its Board of Directors
Experienced Technology and Business Leader is CDTi's 5th Independent Director
VENTURA, Calif., June 17, 2013 (GLOBE NEWSWIRE) -- Clean Diesel Technologies,
Inc. (Nasdaq:CDTI) ("CDTi" or the "Company"), a cleantech emissions control
company, announced today that Lon E. Bell, Ph.D.has been appointed to serve as
an independent director on CDTi's Board of Directors. Dr. Bell, an experienced
industry executive with a national reputation as an expert in the mass
production of thermoelectric products, has been granted over 100 patents for
his inventions. CDTi's Board of Directors unanimously elected Dr. Bell on June
17, 2013 to serve as a member of the Board until the next annual meeting of
Dr. Bell, 72, founded Gentherm, formerly Amerigon Inc., a global developer and
marketer of innovative thermal management technologies for a broad range of
heating and cooling and temperature control applications in 1991. Dr. Bell
most recently served as a consultant to Gentherm until December 2012.
"We are very excited to have Dr. Bell join our Board of Directors," said
Alexander Ellis, III, Chairman of the CDTi Board of Directors. "He is a highly
accomplished executive with significant business acumen, technology and
commercialization experience and first-hand understanding of the automotive
industry, and will serve as a great resource for the Company as it further
develops and extends its materials science technology platform into new
markets. Our Board members look forward to the valuable perspective Dr. Bell
will provide related to CDTi's strategy, operations and technology development
as we remain focused on delivering value to CDTi's customers, employees and
"I'm delighted to join the Board of Directors of CDTi and particularly excited
about contributing insight and guidance related to the Company's research and
development activities," said Dr. Bell. "I believe CDTi's proprietary advanced
low- and zero-platinum group metals catalyst technology represents an
important new development and opportunity, and a disruptive materials science
capability with potential applications in many industries."
Dr. Bell has authored more than 20 publications in the areas of thermodynamics
of thermoelectric systems, automotive crash sensors, and other electronic and
electromechanical devices. Five of his inventions have gone into mass
production and dominated their target markets. Since founding Gentherm, Dr.
Bell has served many roles at the company, including Chief Technology Officer
until December 2010, Director of Technology until 2000, Chairman and Chief
Executive Officer until 1999, and President until 1997. Dr. Bell served as the
Chief Executive Officer and President of BSST LLC, a subsidiary of Gentherm
from September 2000 to December 2010. He served as a Director of Gentherm from
1991 to 2012. Previously, Dr. Bell co-founded Technar Incorporated, which
developed and manufactured automotive components, and served as Technar's
Chairman and President until selling majority ownership to TRW Inc. in 1986.
Dr. Bell continued managing Technar, then known as TRW Technar, as its
President until 1991. He co-founded Mahindra REVA Electric Vehicle Pvt Ltd in
1994 and serves as a Director. Currently in addition to CDTi, he serves on the
boards of Clearsign Combustion, Mahindra-Reva, Ideal Power Converters, Inc.,
and Aura Systems Inc.
Dr. Bell received a BSc. in Mathematics, an MSc. in Rocket Propulsion, and a
Ph.D. in Mechanical Engineering from the California Institute of Technology.
CDTi is a vertically integrated global manufacturer and distributor of
emissions control systems and products, focused on the heavy duty diesel and
light duty vehicle markets. CDTi utilizes its proprietary patented Mixed Phase
Catalyst (MPC®) technology, as well as its ARIS® selective catalytic
reduction, Platinum Plus® fuel-borne catalyst, and other technologies to
provide high-value sustainable solutions to reduce emissions, increase energy
efficiency and lower the carbon intensity of on- and off-road engine
applications. CDTi is headquartered in Ventura, California and currently has
operations in the U.S., Canada, France, Japan and Sweden. For more
information, please visit www.cdti.com.
CONTACT: Kevin M. McGrath
Cameron Associates, Inc.
Tel: +1 (212) 245-4577
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