PRESS RELEASE -- FOR IMMEDIATE RELEASE
5 April 2011 Jorma Eloranta appointed Chairman of the Board of ZenRobotics
ZenRobotics Ltd. today announced the appointment of Mr Jorma Eloranta as Chairman of the Board. The former President and CEO of Metso Corporation (NASDAQ OMX: MXCYY) is known for his contributions to the development of Finnish industry, both as an industrialist and through his numerous positions of trust, e.g. in the Federation of Finnish Technology Industries and the Confederation of Finnish Industries. During his 30-year career, Eloranta has headed e.g. Patria Industries and Kvaerner Masa-Yards.
”Waste sorting on an industrial scale adds to the effect of recycling and eases the stress on landfills. Both are important goals everywhere in the world. ZenRobotics is developing a unique solution for solid waste sorting. The exceptionally talented and motivated staff inspired me to join the company as the chairman, to take part in creating a new export product for Finland. There is still work to do in order to deliver ZenRobotics Recycler on an industrial scale, but the test system operated by SITA Finland Ltd. already opens up extraordinary possibilities for the future.”, Eloranta says.
”Our product ZenRobotics Recycler is an excellent example of sustainable development at its best. We need to build a truly industrial-scale recycling industry, because the factories of the world make vast quantities of goods every second. We at ZenRobotics feel that robotic waste sorting will alleviate this imbalance significantly. To reap the huge financial potential of the field, we have assembled a strong board of directors from the fields of finance, commercialization, recycling, and international business. For the chairman, we wanted a seasoned international industrialist, Jorma Eloranta. Having led the Metso Corporation, the largest metal recycling technology manufacturer in the world, he is uniquely qualified to lead us to global success.”, CEO of ZenRobotics Ltd. Jaakko Särelä proudly proclaims.
The new board of directors are: Jorma Eloranta, Timo Ahopelto, Mika Nieminen, Jufo Peltomaa and Marko Walavaara. Timo Ahopelto is an expert in international venture capital and the founder of the Lifeline Ventures enterprise accelerator. Mika Nieminen, Head of Product Development, Nokia Siemens Networks, is an expert in internationalization strategies and commercializing high-tech products. Marko Walavaara, the environmental and safety director of Stena Recycling, one of Europe's largest recycling companies, brings client perspective. VP of Marketing, and a co-founder of ZenRobotics Ltd., Jufo Peltomaa is a renowned expert of high technology product branding.
ZenRobotics Ltd. is a Finnish high-end cleantech company, based in Helsinki. The 20-strong company boasts 8 PhDs of international caliber. The company's main product is ZenRobotics Recycler, an AI-controlled robotic recycling system which reclaims valuable raw materials from waste streams. The system will be available worldwide in 2012, it is currently marketed through a reseller network in 49 countries. Read more: http://www.zenrobotics.com
SITA is Europe's largest and globally the third largest company in the environment services sector. SITA offers its clients complete waste management solutions and consulting. SITA Finland is part of the SUEZ Environnement group (Euronext: SEV), which specializes in water and waste management, with operations on all continents and in over 100 countries.
Enquiries:
Jaakko Särelä, PhD
CEO, ZenRobotics Ltd.
[email protected]
+358 44 3589451
