April 30, 2016 2:56 PM ET

Household Durables

Company Overview of Sottera, Inc.

Company Overview

Sottera, Inc., doing business as NJOY, manufactures and distributes rechargeable and non-rechargeable electronic cigarette products for adult smokers. Its products include non-rechargeable electronic cigarette packs; rechargeable electronic cigarette starter kit that includes rechargeable electronic cigarettes, batteries, cartridge refills, USB chargers, and electronic cigarette user guides; disposable electronic cigarettes; and accessories, including chargers and rechargeable batteries. The company markets its products online; and through a network of retail stores, convenience stores, and dealers in the United States. Sottera, Inc. was founded in 2006 and is based in Scottsdale, Arizona.

15211 North Kierland Boulevard

Suite 200

Scottsdale, AZ 85254

United States

Founded in 2006





Key Executives for Sottera, Inc.

Chief Executive Officer and President
Executive Chairman
Chief Financial Officer
Vice President of Finance & Operations
Age: 43
Executive Vice President
Compensation as of Fiscal Year 2015.

Sottera, Inc. Key Developments

Fontem Ventures B.V. and NJOY, Inc. Announce Settlement Agreement in Relation to E-Vapour Technology Patents

Fontem Ventures and NJOY Inc. announced that they have reached a global settlement agreement that resolves ongoing litigation in the USA and Germany. The settlement ends one of eight patent infringement cases originally brought by Fontem Ventures and Fontem Holdings 1 in March 2014 in the United States District Court for the Central District of California in relation to e-vapour technology. Under the terms of the settlement, Fontem Ventures has granted NJOY, Inc. and its affiliates a non-exclusive royalty-bearing global licence under the patents-in-suit and certain other vapour technology related patents. The remaining settlement terms are confidential.

NJOY Announces Paul Sturman as New Chief Executive Officer and President

NJOY announced Paul Sturman as its new Chief Executive Officer and President. Prior to joining NJOY, Mr. Sturman served as Global President and General Manager of Pfizer's Consumer Health Care business. In this role, Mr. Sturman was responsible for the $3 Billion division's global operations, including the development and marketing of major household brands such as Advil, Centrum, ChapStick, and Robitussin.

Sottera, Inc. Presents at Nomura's 5th Annual West Coast European Consumer Conference, Dec-03-2014

Sottera, Inc. Presents at Nomura's 5th Annual West Coast European Consumer Conference, Dec-03-2014 . Venue: The St. Regis San Francisco, San Francisco, California, United States.

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