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VYCON Appoints Power Quality Industry Leader Frank DeLattre as Vice President of Sales and Marketing

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2007-10-21 13:16:00     
VYCON

VYCON, http://www.vyconenergy.com, an innovator in the design and manufacture of green-tech, energy storage flywheel systems, today announced that Frank DeLattre has joined VYCON as Vice President of Sales and Marketing, UPS & Power Quality Applications.

Frank DeLattre brings a wealth of knowledge and technical sales experience in both domestic and international markets, having spent over twenty years in power quality and related industries. He joins VYCON from Pentadyne, a Los Angeles based flywheel company, where for the past two and half years he has served as their Senior Vice President of Sales, Marketing and Service. Under Frank's leadership, Pentadyne achieved triple digit sales growth the last two years as he established key OEM channel partners with major UPS providers both domestically and internationally. In his role at VYCON, Frank will focus on the UPS and Power Quality markets and report directly to Tony Aoun, President & CEO. Frank will contribute to overall product strategy and directly in the sales process. "I'm very excited to be joining VYCON and eager to further establish the company as a world-wide leader in flywheel energy storage," commented DeLattre. "The ability to have a product today that can perform well in power quality / UPS applications, as well as in energy re-cycling applications, provides VYCON with diversification into several key markets. With its skilled management team and focused attention on growing both the top and bottom line numbers, I am confident my industry knowledge will make a positive contribution to VYCON's success."

A graduate of both San Diego State University and West Coast University, Los Angeles, Frank, aged 46, began his career at Topaz Electronics Inc, a manufacturer of UPS systems. In 1990, he joined Deltec Electronics Inc., a manufacturer of Uninterruptible Power Systems as Vice President of International Sales. In 1999, Frank joined Active Power, a leading manufacturer of flywheel energy storage systems. During his years as General Manager of Asia Pacific and Latin America, Frank expanded the company's OEM channels in the region working with Caterpillar, Fuji Electric, and Powerware, establishing the Active Power flywheel technology as the premier battery-free alternative for energy storage. In 2003, he was appointed Vice President of Sales for Cherokee International, a leading manufacturer of AC-DC custom power supplies in the datacom, telecom, industrial and medical markets with responsibility for sales in North America.

Commenting on the appointment, Tony Aoun said, "Frank's extensive knowledge and technical sales experience in the global flywheel and power quality markets will be of great benefit to the company. I am delighted to welcome him to the VYCON team and look forward to working together during the coming years."

About VYCON

Established in 2002, VYCON is an innovator in the design and manufacture of technologically advanced, green tech, high and low cycling flywheel based energy storage systems. The company strives to address the needs of the crane, power quality, rail, and uninterruptable power supply (UPS) markets. VYCON's products provide a cost effective, reliable energy solution for a variety of applications. For more information, visit http://www.vyconenergy.com. Media inquiries: Victoria Rierdan Hurley, Grabiner/Hall, Victoria@grabinerhall.com or 310 993 1840.

DISCLAIMER

This announcement does not constitute, or form any part of, any offer or invitation to sell, allot or issue, or any solicitation of any offer to purchase or subscribe for, any securities, nor shall it (or any part of it) or the fact of its distribution form the basis of, or be relied upon in connection with, or act as any inducement to enter into, any contract or commitment for securities, which should only be made on the basis of information contained in the admission document issued in connection with the Placing.

The issuance of securities in the Placing has not been and will not be registered under the applicable securities laws of the United States, Canada, Australia or Japan. The distribution of this announcement in other jurisdictions may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdictions.

Specialized in: Vycon - Flywheel Energy
URL: http://www.vyconenergy.com
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