2021, although not without its challenges, has brought exciting news for Ossia.
We are thrilled to share that Ossia has announced that it has retained Citigroup Global Markets Inc. to serve as its financial advisor to Ossia. Citi will assist Ossia in the evaluation of potential strategic initiatives intended to drive the Company’s long-term growth and financial performance.
We are also pleased to share widely that Ossia has appointed Doug Stovall as Chief Executive Officer, Marty Feuerstein as Chief Operating Officer and Ossia’s Founder and Chief Technical Officer, Hatem Zeine will now also serve as the Company’s President.
Ossia is experiencing tremendous product momentum as a company and has taken a decision to focus, in the near-term, on commercialization and bringing Cota-enabled products to market. Stovall, having led the company’s revenue efforts for the past 4 years, is uniquely positioned to take the Ossia ecosystem to the next level by prioritizing recurring revenues. Stovall is a wireless technology veteran with multiple successful exits in his career.
In concert, to ensure expanded focus on bringing Cota Real Wireless Power products to market, Ossia has appointed Marty Feuerstein as Chief Operating Officer to guide Ossia’s product development initiatives. Feuerstein’s extensive background leading successful IoT, wireless and smart antenna product launches is an ideal fit for this stage of the Company’s development.
We look forward to sharing additional momentum with our ecosystem shortly.