Eeetrex INC.

• Position: TO WATCH - Company overview - Brief article

SNAPSHOT: Based in Boulder, Eetrex is a development-stage company formed in 2006 to commercialize proprietary power systems, battery management systems and power electronics components for battery electric vehicles (BEVs), hybrid electric vehicles (HEVs) and plug-in hybrid electric vehicles (PHEVs).

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LEADERSHIP: Carl Lawrence has been CEO since the company's founding.

WORK FORCE: The company had 22 full-time equivalent employees in 2009 and expects to add about eight workers in 2010.

INNOVATION: Eetrex's proprietary and patent-pending inverter-charger, or "lnverger," is the first integrated development of a charger-inverter unit technology for automotive applications. Eetrex was the first company to deploy fully converted prototype Toyota Prius and Ford Escape plug-in hybrid electric vehicle...