OnScreen Technologies Announces Executive Appointments, Secures Additional Funding

September 20, 2007 by Jeff Shepard

OnScreenTechnologies, Inc. announced that it has completed three executive appointments and secured private funding for growth initiatives. The company appointed William Clough (formerly General Counsel and Executive VP of Corporate Development) to Chief Executive Officer; Cliff Melby to the role of Chief Operating Officer; and Stan Robinson to the position of Executive Vice President of Engineering, R&D.

"OnScreen continues to successfully demonstrate that its patented WayCool™ technology CPU cooling solution outperforms other similar devices on the market," said Steve Hallock, Chairman of the Board of Directors at OnScreen Technologies. "The appointments of Bill, Cliff and Stan bring the highest caliber of leadership and technical expertise to drive the company’s strategy in addressing micro-warming, the excessive heat buildup in today’s advanced processors and systems. I am confident in this experienced team’s ability to position the company for accelerated growth and long term success."

Clough assumes the role of CEO after two years as Executive VP of OnScreen where he spearheaded the commercialization of OnScreen’s WayCool technology including the HydroJet licensing agreement with OCZ Technology Group, Inc. Before joining OnScreen, Clough operated his own law firm for 14 years.

As COO, Melby brings more than 25 years of experience investing, positioning and structuring companies for growth. His experience also includes heading product outsourcing and new business development at Metal Form Inc., an aerospace manufacturing company specializing in computer numerical control (CNC) machining. He was also the CEO and President of Innovative Elegance, a manufacturer of water jet and laser cut commercial products.

Robinson joins the company as Executive Vice President of Engineering, R&D, with more than 22 years of experience in engineering. He is the founder and chief engineer of DV/DT Engineering, where he produced and developed high-end, performance engines for helicopters; manufacturing production lines for leading racing teams; tooling, including dye cast, sand cast, and mold making tools; and electronic prototypes for the LED industry and various microprocessor applications. Robinson is the designer of OCZ’s HydroJet device which employs OnScreen’s WayCool technology. Robinson has also developed CPU and GFX reference designs based on OnScreen’s WayCool Technology.

The company also announced that it has completed $1.2 million in private placement funding, led by Melby Brothers Performance Investments, a firm with a history of financing successful start-up and turnaround organizations.