Active Power Appoints Karl Schuetze Vice President of Engineering.AUSTIN, Texas -- Active Power, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ACPW ACPW Asymmetrical Coplanar Waveguide ACPW Advisory Committee of the Purity of Water (Australia) ), inventor and manufacturer of the most reliable and energy-efficient critical power systems in the world, today announced the appointment of Dr. Karl Schuetze as vice president of Engineering. Bringing more than 15 years of engineering industry expertise to the position, Schuetze will head up the team of engineers and developers in the company's continued design and development of uninterruptible power supply See UPS. (hardware) Uninterruptible Power Supply - (UPS) A battery powered power supply unit that is guaranteed to provide power to a computer in the event of interruptions in the incoming mains electrical power. (UPS) systems. "This is a well deserved promotion for Karl, who has been at the forefront of the design, development and testing for many of the critical components that make up our systems," said Jim Clishem, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Active Power. "We were in search of an engineering leader who was highly respected in the field, technically excellent and flexible enough to migrate from Active Power's needs today to its needs of the future. Karl certainly fits this bill." Schuetze has spent seven years at Active Power as lead development engineer and manager of the Mechanical Systems Group. Prior to joining Active Power, Schuetze held engineering and project lead roles at a variety of companies including Advanced System Integration, Inc., McDonnell Douglas McDonnell Douglas was a major American aerospace manufacturer and defense contractor, producing a number of famous commercial and military aircraft. It merged with Boeing in 1997 to form The Boeing Company. Corp., and General Dynamics General Dynamics Corporation (NYSE: GD) is a defense conglomerate formed by mergers and divestitures, and as of 2006 it is the sixth largest defense contractor in the world[1]. The company has changed markedly in the post-Cold War era of defense consolidation. , Corp. He also served as an officer in the U.S. Army Reserves. Schuetze earned his doctorate in Mechanical Engineering from The University of Texas at Austin “University of Texas” redirects here. For other system schools, see University of Texas System. The University of Texas at Austin (often referred to as The University of Texas, UT Austin, UT, or Texas and a master's and bachelor's degree in Mechanical Engineering from The University of Texas at Arlington For other system schools, see University of Texas System. History Established in 1895 as Arlington College, it was renamed Carlisle Military Academy (1902), Arlington Training School (1913), and Arlington Military Academy (1916). and Virginia Tech respectively. "I look forward to continuing work with our talented and experienced engineering team in designing, testing and deploying innovative backup power systems," said Karl Schuetze, vice president of Engineering for Active Power. "It's gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. to know our systems work behind the scenes for our customers, providing mission critical backup power whether it's ensuring hospitals can perform MRI 1. (application) MRI - Magnetic Resonance Imaging. 2. MRI - Measurement Requirements and Interface. scans on patients with no power interruption or helping safely land aircraft at night at some of the busiest international airports in the world." About Active Power Active Power (NASDAQ:ACPW) provides efficient, reliable and green critical power solutions and uninterruptible power supply (UPS) systems to enable business continuity in the event of power disturbances. Founded in 1992, Active Power's flywheel-based UPS systems protect critical operations in data centers, healthcare facilities, manufacturing plants, broadcast stations and governmental agencies in more than 40 countries. Active Power also offers CoolAir, the only solution that provides both backup power and backup cooling. With expert power system engineers and worldwide services and support, Active Power ensures organizations have the power to perform. For more information, please visit www.activepower.com. Cautionary Note Regarding Forward-Looking Statements This release may contain forward-looking statements that involve risks and uncertainties. Any forward-looking statements and all other statements that may be made in this news release that are not historical facts are subject to a number of risks and uncertainties, and actual results may differ materially. Specific risks include delays in new product development, product performance and quality issues and the acceptance of our current and new products by the power quality market. Please refer to Active Power filings with the Securities and Exchange Commission for more information on the risk factors that could cause actual results to differ. Active Power, the Active Power logo, and CleanSource are registered trademarks of, and CoolAir is a trademark of Active Power, Inc. All other trademarks are the properties of their respective companies. |
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