Zug/Switzerland - 17 July 2021 (pta003/17.07.2021/14:00) - iQ International AG (ISIN CH0451424300 / WKN A2PAA5 / Symbol IQL), a multinational sustainable technology company publicly traded at the General Standard of the Frankfurt Stock Exchange with its global head office in Zug, Switzerland and North American headquarters in Phoenix, Arizona, announces with deep sadness, the passing of Mr. Frank Sportolari, Board Member of iQ International AG, on July 12, 2021.
For over two years, Mr. Frank Sportolari held the position of Board and Committee Member of iQ International AG, as well as many more vital roles throughout his community and numerous other professional organizations like AmCham Germany and UPS. Frank Sportolari was not only an exemplary Board Member, advising the company through the toughest of times, and all whilst he remained optimistic and always seeking the best resolutions for our shareholders. Frank was also a friend, partner, mentor, and an inspiration to all who had the pleasure of knowing him.
Chairman & CEO Statement
Frank was an extraordinary person and iQ Board and Committee member. He was deeply involved in all aspects of the Company, and his wisdom led to many great prospects. On a personal note, I had the great honor of becoming a personal friend of Frank, and I so value that relationship. I learned of how wonderfully he cared for his family, for his profession and for UPS. He led his company through very hard COVID times successfully. The truth is that Frank cared for so many people, including his associates and the shareholders of iQ International. He was so special. I personally will miss him, not just as a Director, but as someone I had the honor of calling a good and reliable friend.
- George M. Weiss, Executive Chairman
It's not possible to put into words the character and class with which Frank Sportolari conducted himself. I had the great fortune to learn from Frank at a pivotal point in my career, few people get so lucky. Frank had a special way of unconsciously influencing those around him on a personal level as well. His presence commanded those around him to act with the highest of standards, this was incredible to watch. We will miss him dearly but what he taught all of us will live on.
- Kevin T. Loman, CEO
The entire iQ Team expresses their condolences to family, friends, and loved ones of Mr. Frank Sportolari. He will forever be missed.
iQ International AG
iQ International AG is a multinational sustainable technologies company listed at the General Standard of the Frankfurt Stock Exchange. The Company licenses parts of its IP portfolio, and manufactures/distributes highly efficient lead-acid batteries that meet the increased need for cycle life in today's global automotive and storage markets. Its Advanced Battery Factory (ABF) technologies together with the award-winning innovative 360 Mixing battery technology is used to create superior, long-lasting, OEM-approved Starting-Lighting-Ignition (SLI) batteries in a cheaper, faster, and cleaner fashion versus current industry leaders. Batteries with iQ International AG technologies are designed to generate better performance in today's highly electrified vehicles, particularly vehicles with the Start-Stop function. The Company's technologies have the potential to reduce the carbon footprint of the transportation industry, helping car makers meet the emissions reduction mandates, as well as manufacture develop and recycle a battery at a significantly emissions reduced level than the current industry leaders. - For more information, visit www.iqint.com