Active Power Promotes James Balthazar to Vice President of Sales and Marketing.Business Editors & High-Tech/Energy Writers AUSTIN, Texas--(BUSINESS WIRE)--Feb. 8, 2002 Active Power, Inc. (Nasdaq:ACPW ACPW Asymmetrical Coplanar Waveguide ACPW Advisory Committee of the Purity of Water (Australia) ) announced today that it has accepted the resignation of its Vice President of Sales and Service, William E. Ott, and named James Balthazar, currently Vice President of Marketing, as his successor. Balthazar will assume the additional responsibility of sales and service while maintaining his current role. James Balthazar has been responsible for the company's worldwide marketing activities, including channel growth and support, market development, and product marketing. Before joining Active Power in 1996, he held sales and marketing management positions with a number of other companies, including Sales and Marketing Director, EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. and Vice President of Marketing at Convex Computer Corporation (company) Convex Computer Corporation - A mini-super-computer manufacturer. Address: Richardson, Texas, USA. , a publicly owned supercomputer manufacturer. Balthazar has earned a bachelor's degree in Mechanical Engineering from the University of Maryland University of Maryland can refer to:
"This restructuring will improve the coordination of sales and marketing activities internally and externally," said Joe Pinkerton, Chairman 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. "Jim has already begun to implement several new programs in conjunction with our OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and partners including a vertical market awareness campaign, high profile product seminars in select cities and the support of a dedicated sales initiative within the Caterpillar dealer network." About Active Power: Active Power, Inc. (www.activepower.com) designs, manufactures and markets battery-free power quality products that provide the consistent, reliable electric power required by today's digital economy. An ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001-certified company, Active Power is the first to commercialize a flywheel energy storage Flywheel Energy Storage (FES) works by accelerating a rotor (flywheel) to a very high speed and maintaining the energy in the system as rotational energy. The energy is converted back by slowing down the flywheel. system, CleanSource(R) that provides a highly reliable, low-cost and non-toxic replacement for lead-acid batteries used in conventional power quality installations. Safe Harbor Provision 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. 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. CleanSource is a registered trademark of Active Power, Inc. |
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