Grafoid Appoints Thomas H. Cruikshank, Former Chairman and CEO of Halliburton,
as Strategic Advisor
OTTAWA, ONTARIO -- (Marketwired) -- 04/08/14 -- Mr. Gary Economo,
Chief Executive Officer and Founding Partner of Grafoid Inc.
("Grafoid" or the "Company") announced today the appointment of Mr.
Thomas H. Cruikshank as a strategic advisor to the Company.
Grafoid, with R&D and production facilities in Singapore, Canada and
the United States, is an advanced, complete solutions graphene
technologies company. Grafoid deems MesoGraf(TM) the global standard
for high-energy density graphene from a globally patented process.
That process uniquely transforms raw, unprocessed graphite ore to
affordable and scalable, high-purity few layer graphene.
"We are extremely pleased to welcome Mr. Cruikshank, his
participation and his guidance in Grafoid's future development," said
Mr. Economo. "As a graphene technologies company with a growing
global presence, Mr. Cruikshank's participation will assist us with
our business development and expansion into critically important
United States' markets.
"Mr. Cruikshank's business acumen, coupled with his extensive global
corporate experience as Chairman and CEO of a Fortune 200
corporation, affords Grafoid a competitive edge, as we advance our
near-market-ready MesoGraf(TM) applications. We are very fortunate to
have Mr. Cruikshank on our team," Mr. Economo said.
Mr. Cruikshank served as Chief Executive Officer of the Halliburton
Company from 1983 to 1995, where he also served as Halliburton's
President from 1983 to 1989 and Chairman from 1989 to 1995. Mr.
Cruikshank joined Halliburton in 1969 and served as a Director from
1977 to 1996.
Founded in 1919, Texas-based Halliburton is one of the world's
largest providers of products and services to the energy industry,
with more than 75,000 employees, representing 140 nationalities in
more than 80 countries. The Honorable Richard (Dick) B. Cheney - who
later served as the 46th Vice President of the United States of
America - succeeded Mr. Cruikshank as Chief Executive Officer and
subsequently, Chairman of Halliburton in October 1995.
Mr. Cruikshank's distinguished business career spans over 50 years.
Prior to joining Halliburton, Mr. Cruikshank was a manager with the
accounting firm Arthur Andersen & Co and, after serving his country
as an officer in the United States Navy at the end of the Korean War,
joined the international law firm Vinson & Elkins where he became a
Mr. Cruikshank has served on the Board of Directors for a number of
high-profile public companies, including The Goodyear Tire & Rubber
Company, The Williams Companies, Inc., Seagull Energy Corporation,
Central and South West Corporation, and Lehman Brothers Holdings Inc.
Mr. Cruikshank's Directorships also included the American Petroleum
Institute and the Petroleum Equipment Suppliers Association, as well
as several nonprofit organizations, such as Junior Achievement, Up
with People, Rice University and the California Institute of
Technology. He holds a degree in Business and Economics from Rice
University and attended the University of Texas and the University of
Houston law schools.
"Graphene is a fascinating yet complex material with incredible
developments underway, especially in the areas of energy storage,
graphene polymers and in particular, non-invasive cancer eradication
therapies," said Mr. Cruikshank.
"I feel that Grafoid has considerable advantages with its
MesoGraf(TM) functional graphene materials and is certainly
significantly ahead of everyone else in the broad spectrum of
next-generation applications currently being developed. Under the
strategic leadership of Mr. Economo and Dr. Gordon Chiu, I believe
Grafoid's future is exceptionally promising. I am honored by this
unique opportunity to participate in, and be a part of such an
accomplished, progressive company advancing towards the
commercialization of a cutting-edge disruptive technology.
"Manufacturing and industry are under the misguided notion that
high-purity graphene cannot be produced on a large commercial scale
and, as importantly, at a commercial cost that is acceptable for
widespread graphene adoption. MesoGraf(TM) successfully addresses and
overcomes those challenges right now - not decades down the road,
like many believe. Grafoid brings world-leading expertise in
graphene, resolves scalability issues, tailors graphene for specific
applications, and provides solutions for commercial success," added
About Grafoid Inc.
Grafoid Inc. is a privately held Canadian corporation investing in
MesoGraf(TM) high-energy density graphene applications and
economically scalable production processes for pristine bilayer and
trilayer graphene and MesoGraf(TM) derivatives from raw, unprocessed,
graphite ore. The company is engaged in the development of graphene
patent joint ventures globally, in the areas of renewable energy,
advanced polymer materials, biomedicine, thermal dispersion
technologies, coatings and a number of classified material
development projects. Focus Graphite Inc. (TSX VENTURE: FMS)(OTCQX:
FCSMF)(FRANKFURT: FKC) holds a substantial equity interest in Grafoid
Inc. on behalf of its shareholders representing 19%.
Mr. Gary Economo
Chief Executive Officer
1-613-691-1091 ext. 101
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