“The Board of Directors and I are pleased to announce that Dick Stephens has joined as a Director,” said Robert J. Lange, Chief Executive Officer of Resilient Technologies.  “Dick’s considerable technology expertise, as well as his broad product and management experience, significantly strengthens the Board, and we look forward to working with him as we continue to bring advanced mobility products to market.”

Mr. Stephens has over 40 years experience in the tire industry.  As President of Cooper Tire & Rubber Co., he oversaw a multibillion dollar global business that introduced multiple technological innovations to the industry.

Resilient Technologies has been developing a non-pneumatic tire (NPT) because of the growing number of military vehicles and personnel being stranded in Iraq, and elsewhere, due to flat tires caused by gunfire or shrapnel.  The NPT provides better mobility, range, functionality and reliability, and requires less maintenance than, a standard military HMMWV (Humvee^®) run-flat tire.  The NPT abandons the traditional tire and rim design for a structure comprised of a unique rim, polymeric web, and tread package, thereby eliminating the need for the cavity that typically retains air for a traditional tire. The polymeric web allows bullets and shrapnel to move through the tire without disabling it. In fact, the NPT will continue to run even if a substantial portion of the polymeric web cells have been disabled.