Kent Kresa, former CEO and chairman of Northrup Grumman, joins as vice chairman
LOS ANGELES March 24, 2014 T+ink, a developer and designer of patented -thinking ink- solutions that make objects smart and winner of a gold Wall Street Journal Technology Innovation Award, today announced that Winnick & Company has become its largest shareholder, and Gary Winnick has been named chairman and CEO. T+ink also named Kent Kresa, former CEO and chairman of Northrop Grumman and former chair of CALTECH, as vice chairman.
-T+ink will fundamentally change the way we interact with millions of objects,- Winnick said. -Our technology makes objects smart, interactive and secure. T+ink opens up new functionality and marketing possibilities for consumer or industrial products a competitive advantage for any brand.-
Winnicks investment career spans more than three decades during which he made significant investments in companies in a variety of industries from telecom, healthcare and financial services to emerging technologies. He received an honorary doctorate from his alma mater, Long Island University, and he is on the boards of the Museum of Modern Art and the Simon Wiesenthal Center.
Kresa is the former chairman and CEO of Northrop Grumman and is currently chairman emeritus of Northrop Grumman. He is recognized for his leadership in transforming Northrop Grumman from a boutique military contractor to a $28 billion enterprise. He has served as chairman of the boards of CALTECH, the Avery Dennison Corporation and the Los Angeles Music Center for the Performing Arts, as well as chair of General Motors.
-I predict conductive ink technology will become a critical aspect in all manufacturing, including aerospace, automotive and consumer goods,- Kresa said. -T+ink will create engineering innovations and reduce costs in most processes. Im excited to be working with Gary and this company.-
T+ink is the award-winning developer and designer of patented -thinking ink- solutions that make objects smart, interactive and secure from print ads that change color and concert tickets that unlock bonus videos, to packaging that becomes its own point of sale for reorders and automotive keyless entry surfaces that light up when a driver approaches. The cost-cutting, revolutionary Touchcode technology, which was awarded highest gold honors by Wall Street Journal Technology Innovation Awards, effectively digitizes printed material, creating new functionality for consumer and industrial products. T+ink is an Edison Award winner, which honors excellence in new product development and innovation, and won for both best product development and best commercialization from IDTechEx Printed Electronics Awards, which spotlight technical innovations that will be used in many products. Headquartered in Los Angeles with a mission to -T+ink- every product on the planet, T+ink has innovation and development centers in New York, New Jersey and Germany. Its partners span the worlds best-known Fortune 100 corporations. For more information about T+ink, please visit www.t-ink.com.