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VALERE
POWER NAMED “HOT START UP” BY TELECOMMUNICATIONS MAGAZINE
Company is cited for its innovative DC power technology,
customer acceptance and rapid revenue growth

RICHARDSON, TX — June 22,
2004 — Valere Power today announced it has been named by the
editors of Telecommunications® magazine to its “Hot Start-Ups:
The Coolest New Companies of 2004” list of innovative and fast growing
companies that sell equipment or services to telecommunications service
providers.
The cover article appeared in today’s issue of the monthly magazine,
and the company will receive an award at a breakfast held today at the
SUPERCOMM 2004 trade show in Chicago.
Valere Power made the list this year thanks to its patented AC/DC power
conversion technology that is 92% efficient, and which results in power
systems that emit 35% less heat and are 50% smaller than the industry
standard. The company has also had tremendous market success, signing
more than 100 customers since its founding, and growing annual revenues
more than 300% in 2004.
At SUPERCOMM, the company announced its smallest power system yet,
the Mini DC Power System, which is only 1RU high with a current output
of up to 160 amps – enough for broadband remote terminal, customer
premises or embedded system applications.
“Choosing our list of annual Hot Start-ups is always difficult and
this year was no exception,” said Sue O’Keefe, editor in chief
of Telecommunications magazine. “Despite the still difficult telecom
climate and tight VC wallets, our editors were able to find 10 companies
with what we felt were the ingredients for success: strong financial backing
(and the wisdom to spend it wisely), marketing savvy, proven leadership
talent, and a product/architecture concept with the ability to make a strong
impact in the telecom industry.”
“We are gratified to be named to the Hot Start Up list in the
face of such fierce competition from so many quality companies,” said
Andy Marsh, co-founder, president and CEO of Valere Power. “It
is a great recognition of what the Valere team has been able to accomplish – from
launching a complete product family to building a blue chip customer
base, to developing a stellar customer service reputation – in
such a short time.”
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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