"After two years intensive work setting up a manufacturing unit in the UK, putting in place product range, sales marketing plans and distribution channels, and starting on the long road of creating the EP-X brand name, I will not be renewing my contract," said Beetison in a press statement.
"However, I would like to say my time at EP-X has been a very fulfilling experience, working with a state of the art product and an exceptionally talented team in the UK."
Beetison was the UK and European business manager for the Coventry-based company. His statement does not divulge his future plans.