SOBR Safe Appoints Chief Technology Officer

Rhea-AI Summary

SOBR Safe, Inc. (OTC Pink: SOBR) announced the appointment of Dean Watson as its new Chief Technology Officer. Watson brings over 25 years of experience in technology and leadership, previously holding significant roles in the automotive industry. He is expected to enhance SOBR Safe's innovation strategy, particularly in developing its non-invasive alcohol detection system, SOBR®Check™, aimed at reducing alcohol-related incidents and costs in various sectors. The company's mission focuses on improving safety in workplaces and communities.

Positive

• Dean Watson's extensive experience in technology and IP development may strengthen SOBR's innovation capabilities.
• The appointment aligns with SOBR's strategy to integrate detection technologies, potentially driving future revenue growth.

Negative

• Changes in leadership may raise concerns about continuity and stability during the transition period.

BOULDER, Colo., Oct. 15, 2020 /PRNewswire/ -- SOBR™ Safe, Inc. (OTC Pink: SOBR) (www.sobrsafe.com), developers of the patented SOBR® Safe™ system, and its latest proprietary development, the non-invasive alcohol detection and screening system SOBR®Check™, today announced the hiring of Dean Watson as the company's Chief Technology Officer. With more than 25 years of leadership experience in technology-driven enterprises, Dean is uniquely qualified to lead the evaluation and integration of rising technologies involving light, nano sensors, optics and more to most accurately detect alcohol, cannabis and opioids, and heart rate solutions for behavior prediction and prevention.

Dean previously held leadership roles for a top 100 global automotive supplier, with sales of over $2 billion per year and engineering centers in five countries. There he developed an intellectual property (IP) portfolio of more than 1,600 patents, collected licensing revenues of over $20 million, and with the CEO, changed the company culture from a commodities manufacturer to a forward-looking innovation organization. In leading team efforts, Dean was instrumental in buying and selling over 10 business lines valued at approximately $200 million, generating new sales of over $300 million and protecting over $1 billion in business by leveraging IP. Dean is a multifaceted technologist, with a Bachelor of Science in Chemistry and both Juris Doctorate and Master of Business Administration degrees.

"At SOBR Safe, our business model is to be detection technology integrators, not inventors," stated CEO Kevin Moore. "In this way we can be agile and opportunistic, and leveraging our commercialization and sales expertise to rapidly scale revenue over time. The CTO role is the lynch pin to this portfolio approach, and it requires not just technical expertise but a refined business perspective and a keen understanding of intellectual property development as well. Dean is the rare professional that satisfies each of these criteria and more – we believe he is the ideal individual for this critical role, and with his addition we are well-positioned to execute our detection technology rollup strategy."

Followed Dean Watson, "My interests have always existed at the intersection of technology, business and the law, and this position with SOBR Safe is the perfect opportunity to deploy my varied expertise. Moreover, I am passionate about creating safer communities and am excited to align myself with an organization dedicated to driving such material and lasting change. I believe that SOBR Safe's leadership team is unparalleled for a company of this size and stage, and I am honored to join their ranks."

Each year, alcohol-related injuries, deaths and lost productivity costs American employers and insurers up to $63 billion. One half of all industrial accidents involve alcohol, and commercial fleets suffer from over 11,000 alcohol-related accidents each year. SOBR Safe believes its solution addresses this problem, and once successfully tested will be immediately applicable for delivery, service, and school bus fleet management, as well as workplace access control in manufacturing facilities and warehouses.

About SOBR® Safe™, Inc. (www.sobrsafe.com)

SOBR Safe, Inc. has developed a patent-pending, non-invasive alcohol sensing system – SOBR®Check™. SOBRCheck is a potentially disruptive solution in alcohol consumption detection - a touch-based technology with anticipated applications in school buses, commercial trucking fleets, facility access control and more. Across industries, the headlines are consistent: alcohol is a clear and present danger - impaired operation destroys lives, families and companies alike. SOBR Safe's mission is to eliminate the destructive impact of alcohol on our roadways and workplaces…with just the touch of a finger.

Forward Looking Statement

SOBR Safe, Inc.'s statements in this press release that are not historical fact and that relate to future plans or events are forward-looking statements. Forward-looking statements can be identified by use of words such as "believe," "expect," "plan," "anticipate," and similar expressions. These forward-looking statements include risks associated with changes in business conditions and similar events. The risks and uncertainties involved include those detailed from time to time in SOBR Safe, Inc.'s filings with the Securities and Exchange Commission, including SOBRSafe, Inc.'s most recent Annual Report on Form 10-K.

 

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SOURCE SOBR Safe, Inc.

FAQ

What is SOBR Safe's new Chief Technology Officer's background?

Dean Watson, appointed as CTO, has over 25 years of experience and previously held leadership roles in a top global automotive supplier, significantly contributing to their innovation and patent portfolio.

How will Dean Watson's appointment impact SOBR Safe?

Watson's experience in technology integration and intellectual property development is expected to enhance SOBR's innovation strategy, particularly in the alcohol detection space.

What are the anticipated applications of SOBR®Check™?

SOBR®Check™ aims to be utilized in school buses, commercial trucking fleets, and workplace access control to prevent alcohol-related incidents.

Why is alcohol detection technology important for SOBR Safe?

SOBR Safe addresses significant issues related to alcohol use, which costs employers and insurers up to $63 billion annually due to injuries and lost productivity.