MISSION VIEJO, Calif., March 12, 2012 /PRNewswire/ — 5BARz International Inc. (OTCBB: BARZ), (Boerse-Berlin: O5B), (www.5BARz.com) (hereafter “5BARz” or the “Company”) is pleased to announce that Dr. Gil Amelio, a senior industry executive, venture capitalist and a member of the Board of Directors of AT&T, has joined the Advisory Board of 5BARz International Inc., effective March 1, 2012.
Dr. Amelio’s iconic career has transcended some of the most fundamental technology companies in the USA, including Chairman and CEO of Apple Computer and National Semiconductor in addition to senior executive positions with Rockwell International and Fairchild Semiconductor. He launched his career as a member of the technical staff at Bell Labs’ legendary Murray Hill, NJ campus. Dr. Amelio received a bachelor’s degree, master’s degree, and Ph.D. in physics from the Georgia Institute of Technology. He has been awarded 16 patents and a seventeenth is pending. He is the co-author of three books, two of which were business best sellers.
Dr. Amelio has established a well-documented legacy of having identified and implemented key strategically important emerging technologies leading to significant increases in shareholder value at the companies he lead. His broad base of experience, influence in the technology sector and insightful guidance to developing technology Companies is a significant asset to organizations with which he is or has been associated.
Mr. Daniel Bland, President and CEO of 5BARz International Inc., states “Gil has been an inspiration to our developing Company for some time, having identified our technology in the early stages as a much needed component within the mobile network infrastructure. We could not be more delighted to have Gil’s experience and cutting edge technological insights as we continue to build 5BARz into a major provider of advance mobile solutions. Dr. Gil Amelio joins fellow Advisory Board member Mr. Marcello Caputo (CEO of Telefonica USA) and Mr. George Lauro and Mr. Finis Conner as important advisors as we integrate the 5BARz™ technology into the international mobile marketplace.”
“The 5BARz’ team is successfully addressing mobile coverage and dropped calls by providing a personal size signal amplifier that significantly boosts the robustness of wireless communications. I am excited about having the opportunity to advise 5BARz as they take on this critically important system enhancement,” stated Dr. Amelio.
About 5BARz International Inc.
5BARz International Inc. holds the exclusive global marketing and distribution rights and holds a 50% ownership interest in the technology underlying the 5BARz™ products. 5BARz™ is a cellular network extender for use in the small office, home and mobile market places. 5BARz™ incorporates a patented technology to create a highly engineered, single-piece, plug ‘n play unit that strengthens weak cellular signals to deliver high quality signals for voice, data and video reception on cell phones and other cellular equipped devices. 5BARz™ represents a key solution for cellular network operators in providing clear, high quality signal for their subscribers with a growing need for high quality connectivity.
5BARz International Inc.’s shares are publicly traded on the OTCBB under the ticker symbol “BARZ” in the US and “O5B” on the Berlin Stock Exchange (www.boerse-berlin.com).
On behalf of the Board of Directors
Mr. Daniel Bland CEO & Director
5BARz International Inc.
Legal Notice Regarding Forward-Looking Statements
The information contained in this release consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward — looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, and competition in general that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward — looking statements whether as a result of new information, future events or otherwise.
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