Jim Kilman Joins Board of Directors at alpha-En Corporation

TARRYTOWN, N.Y., Nov. 4, 2016 /PRNewswire/ -- alpha-En Corporation (OTC PINK: ALPE), an innovative clean technology company focused on enabling next-generation battery technologies by producing high purity lithium metal and associated products, announced today that veteran investment banker Jim Kilman has been appointed to its Board of Directors, expanding the Board to four directors effective immediately. 

Mr. Kilman is Chief Executive Officer of Scarborough, NY-based KielStrand Capital, a family office merchant bank that makes and manages investments, provides advisory services and engages in philanthropic activities. He retired earlier this year as Vice Chairman of Investment Banking at Morgan Stanley, having spent a total of 32 years in senior investment banking roles, including earlier stints at Goldman Sachs, ABN AMRO and PaineWebber. 

Executive Chairman and Founder, Jerome Feldman, commented, "It is a pleasure to welcome Jim Kilman to the Board of alpha-En Corporation.  An early investor in alpha-En, he is widely admired as an investment banker, an advisor on strategy, mergers and restructurings, and for raising debt and equity capital.  His decades of experience and his deep expertise will be invaluable to us as alpha-En grows."

"I'm very excited to be deepening my relationship with alpha-En by joining its Board," Mr. Kilman said. "It's an exciting time for the company as it begins to commercialize its ground-breaking approach to lithium production. I look forward to working with the alpha-En team."

Mr. Kilman will serve on the Audit and Compensation Committees of the Board.  He also serves on the Boards of privately held Berwyn, PA-based Modular Space Corporation, and of privately held New York City-based Lebenthal Holdings LLC. He serves on the Board of the Hudson Valley Shakespeare Festival in Cold Spring, NY, and on the Finance and Investments Committee of the Jacob Burns Film Center in Pleasantville, NY.  He is Treasurer of his Yale College Class, and has previously been active on the Parents Association Boards at Bucknell University and Carleton College.

Mr. Kilman holds an MA and a BA in Economics from Yale University. 

About alpha-En Corporation
Alpha-En Corporation (OTC PINK: ALPE) is an innovative clean technology company focused on enabling next generation battery technologies by developing and bringing to market high purity lithium metal and association products produced in an environmentally sustainable manner.  For more information, please visit http://alpha-encorp.com.

Corporate Contact
Thomas Suppanz, Managing Director of Finance
tsuppanz@alpha-encorp.com
914 418 2000

Joe Allen
DresnerAllenCaron
jallen@dresnerallencaron.com
212 691 8087

Safe Harbor
Except for the historical information herein, the matters discussed in this news release may include forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current knowledge, assumptions, judgment and expectations regarding future performance or events. Although management believes that the expectations reflected in such statements are reasonable, readers are cautioned not to place undue reliance on these forward-looking statements, as they are subject to various risks and uncertainties that may cause actual results to vary materially. alpha-En Corporation assumes no obligation to update the information in this release. Reference to the Company's website above does not constitute incorporation of any of the information thereon into this press release.

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SOURCE alpha-En Corporation