MG Madison Phillips Inc. Appoints Director to Oversee Novaccu, Ltd. Contract

NEW YORK - Aug. 30, 2014 - PRLog -- Madison Phillips, the CEO of MG Madison Phillips, Inc. announced today that he is appointing Kenneth Carnesi, the firm's Director, to oversee the company's exclusive representation contract with NOVACCU, Ltd. in the United States. Mr. Phillips stated that "Kenneth Carnesi has extensive experience with the management and monetization of intellectual properties; most especially in the alternative energy industry. We believe that he is uniquely qualified to represent NOVACCU's innovative battery technology and of course, MG Madison Phillips Inc. will be supporting his efforts 100%".

MG Madison Phillips Inc. announced just yesterday that the firm had acquired an exclusive representation contract for NOVACCU, Ltd., a Hungarian development company, which has developed a "super" battery that currently outperforms anything available on the market today. CEO Phillips has commented that "the NOVACCU battery is particularly suited for use in the EV industry and therefore, should be of great interest to Tesla and other manufacturers".

Kenneth Carnesi was appointed to the Board of MG Madison Phillips Inc. last year and also sits on the Boards of Monkeetech LLC and The Lazarus Organization. Mr. Carnesi holds a JD degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. He has written numerous articles concerning his patent work in the fields of marketing; mobile payments; and credit card and banking fraud prevention and has more than 25 years experience as an international business consultant and analyst.