Innovation Research Engineering and Development appoints Michael Moser Chief Operating Officer

DAYTONA BEACH, Fla., --- Innovation Research Engineering and Development, Inc. (I-RED), which develops highly efficient vertical wind turbines for commercial applications, has appointed Michael Moser as its chief operating officer.

Mel Hall, chief executive officer and principal of I-RED, said Moser holds a Juris Doctor and a Finance degree from Loyola University in New Orleans.

Moser has more than 20 years of experience including 10 years overseeing project management in markets nationwide for ATT, T-Mobile USA, Clearwire and Verizon Wireless

I-RED’s proprietary vertical turbine design can function efficiently at substantially lower average wind speeds than are required by conventional propeller turbines. I-RED is currently installing its first residential wind turbine at a Platinum LEED home in New Smyrna Beach.

I-RED will be moving into its new location at The University of Central Florida Business Incubation facility at Daytona Beach International Airport July 27.

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About the UCF Business Incubation Program
Since its founding in 1999, the UCF Business Incubation Program has helped more than 160 emerging companies (including more than 100 current clients) create over $800 million in annual revenue and more than 1,600 new jobs with an average salary of $59,000. With nine facilities across the Greater Orlando community, the Business Incubation Program is a collaboration in economic development between the University of Central Florida, Orange County, the City of Orlando, Seminole County, the City of Winter Springs, The City of Sanford, Lake County, the City of Leesburg, Osceola County, the City of Kissimmee, City of St. Cloud, Volusia County and the Florida High Tech Corridor Council. Please visit www.incubator.ucf.edu.