15.01.2009 14:30:00
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Active Power Appoints Uwe Schrader-Hausmann Chief Technical Officer
Active Power, Inc. (NASDAQ: ACPW), inventor and manufacturer of the most energy-efficient critical power systems in the world, today announced the appointment of Uwe Schrader-Hausmann as chief technical officer. Schrader-Hausmann will oversee the company’s technical innovation efforts in the areas of research and development, engineering and technical service and support functions on a global scale. In addition to this role, he will continue to serve as managing director of Active Power (Germany) GmbH.
A holder of one U.S. patent and two international patents, Schrader-Hausmann has more than 28 years experience in the uninterruptible power supply (UPS) market. He most recently served as vice president, Technical Services for Active Power. Prior to this, Schrader-Hausmann was technical director for the company’s EMEA territory (Europe, Middle East and Africa). Prior to joining Active Power, Schrader-Hausmann worked in various positions at Piller Power Systems GmbH, serving as chief technology officer and quality manager.
"Since joining Active Power in 2005, Uwe has made an enormous impact on how we provide customers with technical expertise in the field and deliver on large system projects globally,” said Jim Clishem, president and CEO of Active Power. "This position requires a senior executive with strong leadership skills, technical background and experience, and commitment to delivering value to customers which Uwe brings to the table. I am very pleased to make this appointment.”
"With solutions that address key pain points for mission critical facility operators and increasing market demand for energy and space efficient backup power technologies, this is an exciting time for Active Power,” said Schrader-Hausmann. "Energy efficiency, reliability, and green are all attributes inherent in Active Power’s solutions which directly impact the customer’s bottom line. We are one of the few companies in the world able to offer such a compelling and differentiated solution.”
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. 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, CleanSource and CoolAir are registered trademarks of Active Power, Inc. The Active Power logo, PowerHouse and PowerCentre are trademarks of Active Power, Inc. All other trademarks are the properties of their respective companies.
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