Thomas Griego, Founder, Chief Executive Officer, Chairman, Surfect Technologies , Inc.
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This profile was last updated on 5/10/07 and contains information from public web pages.
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Founder, Chief Executive Officer,...

Local Address: Albuquerque, New Mexico, United States
Surfect Technologies , Inc.
1800 West Broadway, Suite 1
Tempe, Arizona 85282
United States

Company Description: Surfect Holdings, Inc. (Surfect) provides advanced metallization, interconnect and module process and tool solutions for Solar Cell, light emitting device (LED) and...   more
Background

Employment History

Board Memberships and Affiliations

14 Total References
Web References
Thomas P. Griego ...
www.sec.gov, 10 May 2007 [cached]
Thomas P. Griego (4)
...
Mr. Griego resigned as a director in December 2006.
(5)On July 1, 2004, Mr. Griego was granted a five-year option to purchase an aggregate of 750,000 shares of common stock at an exercise price of $0.02 per share, which option vests monthly over thirty six months commencing on August 1, 2006.On September 27, 2006, in connection with the Merger, each share of common stock subject to the option was converted into 0.144048 shares of common stock resulting in an outstanding option to purchase 108,036 shares of common stock as of December 31, 2006.
(6)Represents COBRA payments made on behalf of Mr. Griego in 2006.
Governor Bill Richardson Leads Trade Mission in Tokyo :: Press Releases :: New Mexico Economic Development Department
www.nmpartnership.com, 25 July 2005 [cached]
Thomas Griego, of GET Systems Inc.: This company is a technology leader in electroplating systems and processes used in the electronic components manufacturing back-end which are used for ceramic based components such as chip condensers, resistors and inductors which are products typically used in chip scale packaging by semiconductor manufacturers.
KnoxNews: Sci/tech
www.knoxnews.com, 15 April 2002 [cached]
"This technology means that battery makers now have the ability to create cell phones or computers that will last for weeks on a single charge," said founder and CEO Thomas Griego."The implications of this technology have far-reaching practical applications and can benefit an array of industries beyond the wireless battery market.It is equally useful for MEMS (microscopic machines), electronics, automotive and the defense industries."
The company is a presenter at Technology Ventures Corp.'s ninth annual New Mexico Equity Capital Symposium May 15-16 in Albuquerque.It seeks $4.3 million in funding, which it will use to create a factory and hire more employees.
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"In those powders, you want the highest surface area and the shortest distances between the metals, or electrodes," Griego said."We can provide enhancements that make those batteries more efficient.You can charge them faster.We predict you can charge a lithium battery to 90 percent in 10 minutes, which is about five times faster than it takes right now."
SurFect can also help decrease the costs of some fuel cells.The cells typically use platinum - one of the most expensive metals - to transmit electric current.
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"You can take metals and mix them together when they're molten and create an alloy - that's kind of like making a cake," Griego said."We make the frosting, by applying a surface to those other materials.We can selectively create metallic properties and place platinum on surfaces so you don't need to use as much of it."
SurFect spun out of GET Systems in July 2001.GET, also founded by Griego, makes electroplating equipment - the machines used to put various coatings on dust-sized or smaller particles.GET makes the equipment used by SurFect.
"GET and SurFect are two independent companies, but the long-range prospects for GET are assured by SurFect," Griego said.
SurFect moved out of GET's office space late last year and into new space with clean-room facilities.The company wants to first focus on battery and fuel cell markets - estimated to grow to $14.1 billion by 2005.The materials component of the market, which SurFect is targeting, is estimated to be $3.1 billion by 2005.The company initially plans to market itself in Asia, where several manufacturers are located.
It also plans to focus on plating small high-tech devices such as resistors and capacitors on circuit boards, and it wants to help create very small batteries that can be used by microsystems, which are tiny machines the size of several red blood cells that can sense, think, transmit and move in microscopic environments.
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"Unlike many other companies, we self-funded enough for our proof of concept," Griego said."We raised private equity funds and founder contributions of $400,000."
If the company gets venture capital funding, it plans to create a factory in Albuquerque that can produce 100 metric tons of powder a year.It also would grow from a seven-person operation to about 33 in the next year, Griego said.
"We have a significant market entrance because the rechargeable battery market is also starting to look at fuel-cell battery options," he said."We want to form alliances with Japanese companies, and we think we have a very good position in both markets."
(Contact Sue Vorenberg of The Tribune in Albuquerque, N.M., at svorenberg(at)abqtrib.com)
Survey reflects good news for young tech companies - 2004-08-02 - New Mexico Business Weekly
albuquerque.bizjournals.com, 2 Aug 2004 [cached]
Thomas Griego, CEO and founder of SurFect, confirms his company received the capital infusion from ITU in July.
ABQ tech startup in legal tangle with former vice president - 2003-01-27 - New Mexico Business Weekly
albuquerque.bizjournals.com, 31 Jan 2003 [cached]
Robert McCarty filed a $69,000 lawsuit in District Court in November against SurFect Technologies, a developer of metallic powder coatings for the electronics industry; closely related electronic equipment manufacturer Griego Electrochemical Technologies Inc. (GET Systems) and Thomas Griego, who leads both companies.
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But in April of 2002, Griego asked McCarty and others at the company to work without pay until such funding came through, at which time they would receive back pay - an event McCarty says never happened.
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But Griego says McCarty left of his own accord, and, therefore, doesn't meet the employment offer's terms for severance pay.
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Griego says despite the company's challenges - eight-year-old GET Systems' revenues dropped from their historical $5 million range to $1 million in 2002 - he has tried to offer what he believes is a fair settlement.
"We were looking for an amicable settlement," Griego says, without disclosing the amount."He was an employee of a tech startup, his part was to help us develop the business and help us market the products.Along the way, we haven't been able to find funding.Since our company is pre-revenue, there's no other resource to do it unless we get funded."
He says recently developed partnerships with several electronics industry giants confirm SurFect's business plan and put the company "days and weeks away from getting a term sheet" from a group of five unnamed investors.
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Griego says he founded SurFect with $100,000 of his own money, and later received $325,000 from other investors to prove its concept - that its technology would enable it to specially coat conductive particles less than half the diameter of red blood cells.
Those coatings make possible more efficient, longer lasting batteries and other power sources, according to SurFect.In a business outline distributed to participants in the Technology Ventures Corporation's annual Equity Capital Symposium in May, SurFect estimated that the increasing popularity of personal electronics, like cell phones and video cameras, would eventually create a $3.1 billion market for battery materials.
Demonstrating gee-whiz technology and claiming a long list of interested customers including Hitachi and Sanyo, SurFect was considered a standout among the 15 presenters at the symposium, according to one source close to the company.
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Griego says McCarty left of his own accord.
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