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To: GROUND ZERO™ who wrote (1795)5/15/2001 8:10:59 AM
From: Chisy  Respond to of 8150
 
G.Z. Fasten your seat belts. You're in for a ride in VLNC on huge and lasting news. I've been dying to buy a Dell Laptop with a Valence Battery in it. Whoopie!! VLNC will have the best of two worlds with Lev as Chairman, the most knowledgeable battery expert, and a new CEO who understands marketing in a big way. AIMHO
Chisy
P.S. This news might even win over The Street. Eh, Cheif?
Where are all of those overhead gaps now? VBG
-----------------------------------------------------------
Lev steps down

Valence Technologies Names Stephan Godevais Chief Executive
Henderson, Nevada, May 14 (Bloomberg) -- Valence Technologies Inc. said Stephan Godevais has been appointed chief executive and president of the maker of rechargeable batteries for laptop computers and cellular phones.

Godevais replaces Lev Dawson, the company's founder, who will stay on as chairman.

Godevais said he will focus on sales and marketing.

``The company has tremendous technical resources and intellectual capital,'' he said. ``My objective is to capitalize on these resources and take the sales and marketing efforts to the next level.''

Before joining Valence, Godevais was in charge of Dell Computer Corp.'s desktop and notebook product lines for consumers and small businesses.

May/14/2001 22:06 ET

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