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MISSISSAUGA, Ontario, November 30, 2022 (GLOBE NEWSWIRE) — Next Hydrogen Solutions Inc. (“Company” or “The next hydrogen“) (TSKSV:NKSH, OTC: NKSHSF), designer and manufacturer of electrolyzers is pleased to announce that Rohan Advani will join the company as Chief Financial Officer effective December 12, 2022. Rohan will replace Cassia Maltz who is leaving the company to pursue other interests. To ensure continuity, Ms. Maltz will remain with the Company until January 2, 2023, after which she will continue in an advisory role to ensure a smooth transition.
Mr. Advani comes to Next Hydrogen with significant financial and leadership experience in the manufacturing industry, having previously worked at Magna International and Ecolab along with Canadian Tire and KPMG. Rohan was most recently Head of Finance at Magna International, where he led financial operations for a $500 million division. Mr. Advani is a CPA and holds a Bachelor of Business Administration from the University of Toronto.
“I am extremely excited to have Mr. Advani join the team and focus on our next phase of growth.” Rohan’s broad financial experience in the manufacturing industry will be an invaluable addition to the team as we look to establish ourselves as a leading manufacturer of water electrolyser equipment,” said Raveel Afzaal, CEO and President of Next Hydrogen. “We are very grateful to Ms. Malz for her great contribution to building a strong foundation for the company and wish her the best in her future endeavors.”
Ms Malz said: “It has been a pleasure to serve and build Next Hydrogen. I was lucky to work with such a phenomenal and driven team. I look forward to the continued success of the company.”
About the next hydrogen
Founded in 2007, Next Hydrogen is a designer and manufacturer of electrolyzers that use water and electricity as inputs to generate pure hydrogen that is used as an energy source. Next Hydrogen’s unique cell design architecture backed by 39 patents enables high current density operations and superior dynamic response to efficiently convert intermittent renewable electricity into infrastructure-scale green hydrogen. Following successful pilots, Next Hydrogen is scaling up its technology to deliver commercial solutions for the decarbonisation of the transport and industrial sectors.
Contact info
Raveel Afzaal, CFA
President and Chief Executive Officer
Nekt Hidrogen Solutions Inc.
Email: rafzaal@nekthydrogen.com
Phone: 647-961-6620
www.nekthydrogen.com
Warning statements
This release contains “forward-looking information” and “forward-looking statements”. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as of the date of this release. Any statement that includes discussions regarding predictions, expectations, beliefs, plans, projections, goals, assumptions, future events or performance (often, but not always, using phrases such as “expects,” or “does not expect,” “expects ” , “anticipates” or “does not anticipate”, “plans”, “budget”, “planned”, “anticipates”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions , events or results “may” or “could”, “would”, “could” or “will” be considered to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are necessarily based on numerous estimates and assumptions that, while believed to be reasonable, are subject to known and unknown risks, uncertainties and other factors that could cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. forward-looking statements. Such factors include, but are not limited to: risks associated with the hydrogen industry in general; delays or changes in plans regarding infrastructure development or capital expenditures; uncertainty of estimates and projections regarding costs and expenditures; failure to obtain necessary regulatory approvals; health, safety and environmental risks; uncertainties arising from potential delays or changes in plans regarding infrastructure development or capital expenditures; exchange rate fluctuations; as well as general economic conditions, stock market volatility; and the ability to access sufficient capital. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the statements and information contained in this press release. Except as required by law, there will be no obligation to update forward-looking statements about beliefs, opinions, projections or other factors, if they change.
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