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VALERE
POWER EXPANDS EUROPE TEAM TO ADDRESS GROWING MARKET OPPORTUNITY
Company Strengthens Sales Team and Adds Product
Management Expertise

RICHARDSON, TX — May
5, 2004 — As part of its strategy to rapidly grow its business
in Europe, Valere Power today announced the addition of two power
systems industry veterans to its European team, strengthening its sales
team and
adding product development expertise.
Deborah Braith has joined Valere Power as key account manager for
Germany, Austria, Switzerland and Italy, and Lars Riback is the new technical
director for Europe, the Middle East and Africa (EMEA). Both report to
Peter Wasmuth, vice president of EMEA.
The expanded team is part of Valere Power’s plans to aggressively
build its European business by developing products that fit with regional
needs, and by building a distribution network that includes a direct sales
force and partnerships with power systems resellers and integrators in
key countries.
“
While the product needs are different for European customers, Valere’s
core value proposition of providing compact and manageable power systems
for broadband and wireless networks is very exciting to these companies,” Peter
Wasmuth said. “With Deborah and Lars on board, we are now well positioned
to fine tune our products and aggressively take them to market. I am looking
forward to working with these professionals.”
Braith has extensive experience with OEM account management, having
served as the key account manager for Emerson Energy Systems AB where she
managed several accounts in the telecommunications market . She also worked
in the same capacity for Ericsson Energy Systems and Ericsson Microelectronics.
Her prior experience also includes sales positions at Artesyn Austria
GmbH, and AIG Europe S.A. She has a Masters of Arts in marketing from Webster
University in Vienna, Austria, and a Bachelor of Arts in political science
and economics from Mount Holyoke College in South Hadley, MA.
As technical director, Riback is responsible for product management,
product development, and production for products targeted at EMEA. Riback
has more than 20 years of experience in the power systems industry and
prior to Valere Power, he was vice president of global design at Emerson
Energy Systems.
He has also been serving as vice president of the power systems business
unit at both Emerson and Ericsson Components AB. Riback holds a Master
of Science in Electrical Engineering from the Royal Institute of
Technology in Stockholm and a College Degree in Electrical Engineering
from Thorildsplans
Gymnasium.
ABOUT VALERE POWER
Valere Power, headquartered in Richardson, TX, is an
advanced AC/DC power system company with proprietary technologies that reduce
power dissipation
and system size, simplify installation, and offer advanced remote
monitoring for telecommunications service providers and enterprises. More
information
is available at www.valerepower.com.
PRESS CONTACT
David Rodewald
The David James Agency
(805) 494-9508
david@davidjamesagency.com
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