October 30, 2018 // Press Release
Boise, ID, October 30, 2018 –GenZ Technology, a pioneer in the design of next generation agricultural sprayers, today announced that Molly Otter, an experienced professional in technology investment capital has joined the Company’s Board of Directors, effective immediately.
“We are extremely happy to have Molly join our Board,” said Charles W. Jepson, GenZ Technology’s Chief Executive Officer. As we complete our current financing round, Molly’s wealth of financial expertise and connections will be instrumental in funding our future needs. Molly has a proven record of innovative and creative ways she has helped companies finance their growth. GenZ is at the cusp of this stage and we can only benefit from the guidance that Molly can offer.”
Ms. Otter has a proven record of innovative and creative ways she has helped companies finance their growth. She retired from Lighter Capital in 2017 where she was the Chief Investment Officer for five years. Prior to joining Lighter Capital, she was Vice President at AEA Investors, a multi-billion-dollar private equity fund in NYC. She received her BA from Dartmouth College and her MSc from the London School of Economics. Ms. Otter currently lives in Boise with her husband, John, and their three children, Jackson, Harriett, and Beatrice.
GenZ Technology’s mission is to revolutionize the pesticide spraying industry by engineering more efficient, cost effective, eco-friendly spraying equipment designed to improve crop coverage, increase growers’ yields and profits, optimize chemical recapture, reduce pesticide costs, and minimize chemical waste and pesticide drift. The GenZ Smart Sprayer series are designed to meet the needs of crop growers and spray service providers for higher labor productivity and better efficacy by requiring fewer spray cycles. Our patented technology offers better coverage and a dramatic reduction in drift. The immediate benefits are reduced labor costs, reduced chemical waste, a lower risk of drift-related incidents, and a transition towards environmental sustainability.