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STATORDYNE CORP. ANNOUNCES APPOINTMENT OF KENNETH A. RUCK TO BOARD OF DIRECTORS

 ANAHEIM, Calif., Aug. 16 /PRNewswire/ -- James M. Moore, chairman of the board and chief executive officer of Statordyne Corp., announced today the appointment of Kenneth A. Ruck to the company's board of directors. The appointment of Ruck brings to six the number of members serving on the company's board.
 Ruck was most recently the president and chief executive officer of EPE Technologies Inc., a leading manufacturer of power conditioning products. During his tenure at EPE, he lead a substantial turnaround in the company's profitability, and increased sales to over $50 million. In 1990 Ruck effected the sale of EPE to Merlin Gerin (MG) of Grenoble, France, (worldwide leader in power protection products) and was instrumental in developing Merlin Gerin's worldwide strategic plan. Previously Ruck was group vice president at Lear Siegler Inc. (NYSE), responsible for 11 business operations within LSI with sales in excess of $600 million. Prior to his appointment as group vice president, he served as president of LSI's Hawaiian Properties Division. Early in his career, Ruck was an associate with McKinsey and Co. Ruck is currently president and a member of the board of PEAC Corp. of Costa Mesa, Calif.
 Ruck received his bachelor of science degree in industrial engineering at Iowa State University and his master of business administration degree at the Harvard Graduate School of Business Administration.
 Moore commented on the appointment saying, "We are pleased to have Ken Ruck join our board of directors. His broad experience in management of manufacturing companies, as well as his knowledge of the global power conditioning marketplace will be an important contributor to the transition of Statordyne from a development stage to an operating company."
 Statordyne recently announced the completion of its initial public offering of 1.2 million units at $3.00 per unit. Each unit was comprised of one share of common stock, one common stock purchase warrant and one put. The common stock and the puts, as well as the warrants are traded on the American Stock Exchange.
 Statordyne Corp., headquartered in Anaheim, is engaged in the design, manufacture and marketing of a line of proprietary products for the power quality, standby and no-break power service industries. Statordyne has an exclusive license on a patented power quality enhancement and generation technology that will protect power-sensitive facilities such as hospitals, telecommunications centers, automated factories and data processing sites against short-duration electrical power disturbances and long-term outages of utility power.
 -0- 8/16/93
 /CONTACT: James M. Moore, chairman of Statordyne, 714-704-1000; or William F. Coffin, president of Coffin Communications Group, 818-578-0500, for Statordyne/


CO: Statordyne Corp. ST: California IN: CPR SU: PER

BP-JL -- LA004 -- 2903 08/16/93 09:02 EDT
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Publication:PR Newswire
Date:Aug 16, 1993
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