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Dr. Peter Diamandis Joins Tribogenics Advisory Board
Date:12/6/2012

MARINA DEL REY, Calif., Dec. 6, 2012 /PRNewswire/ -- Tribogenics, a producer of innovative X-ray sources, announced today that Dr. Peter Diamandis, Chairman and CEO of the X PRIZE Foundation (www.xprize.org), has joined its Advisory Board. Best known for the $10 million Ansari X PRIZE for private spaceflight, the X PRIZE Foundation is a non-profit organization focused on designing and launching global incentive prizes to drive radical breakthroughs for the benefit of humanity. Diamandis is also the New York Times Bestselling author of Abundance – The Future Is Better Than You Think.

(Photo: http://photos.prnewswire.com/prnh/20121206/LA24744)

"Peter Diamandis is the embodiment of innovative thinking and shares our passion for the growth of exponential technologies. We're thrilled to have him on our team and are confident that his insights will add tremendous value as we continue advancing the technology of our disruptive X-ray sources," said Dale Fox, President and CEO of Tribogenics.

"Tribogenics is building the future of X-ray sources and is on the path to create real change," said Dr. Diamandis. "I believe you must be willing to take risks in order to have true breakthroughs and I look forward to working with the company as they bring new capabilities and innovative devices to market."

Tribogenics recently announced a $6.2 million Series A financing round led by Founders Fund that allows the company to expedite time to market by hiring additional engineers and scientists and to expand the size of its internal R&D facility. The company previously received $2.5M in funding from Flywheel Ventures and other angel investors.

About Dr. Peter Diamandis

Dr. Peter H. Diamandis is an international pioneer in the fields of innovation, i
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SOURCE Tribogenics
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