VRB Power Appoints John Davis as Director of Sales
Monday February 6, 2:57 pm ET
VANCOUVER, Feb. 6 /CNW/ - VRB Power Systems Inc. (TSX-V: VRB - News) announces the appointment of John Davis as Director of Sales, with a key focus on the telecommunications and remote area power supply markets in North America and internationally.
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VRB Power CEO, Tim Hennessy said "the appointment of John gives us significant strength in what are core areas of focus in our sales and marketing initiatives and at a time when we are starting to gain traction in these areas. As telecoms and other end-users require more efficient, reliable and longer life back-up power supplies with greater amounts of storage capacity and as the benefits of our technology start to gain market acceptance, it is key that we take advantage of the opportunities which now exist for our products. We believe that John's appointment will greatly assist this process."
"John has over 18 years executive level experience in sales and business development heavily focused on emerging technology solutions for the telecommunications and utilities industries. Of particular relevance to us is the fact that John has been a pioneer in selling fuel cells and alternative energy technologies into the telecoms and utilities market space both nationally and internationally. John understands the process used by the telecoms industry to evaluate and approve new technologies and has been successful winning approval and deploying both access and energy related technologies in North America, Europe and the Caribbean," concluded Hennessy.
Most recently, John held the position of Director of International Business Development for ReliOn, Inc., offering hydrogen based fuel cell products for telecommunications backup solutions in North America and The Caribbean. Previous to ReliOn, John held the position of Sr. Director, Sales for Metallic Power. Inc. offering a rechargeable Zinc/Air fuel cell product. In the mid 1990's, John held the position of Sr. Director, European Sales with Tekelec Inc. managing an extensive distribution network in 15 countries. John has a strong engineering background with a B.S. in Electrical and Computer Engineering from Clemson University.
John Davis said "I am very pleased to join the VRB Power team. The talent base at VRB Power is second to none and I look forward to representing the Company. The technology that VRB has developed has the ability to revolutionize the way many industries store and use electrical energy."
"VRB Power's products increase the reliability of backup power systems used in many industries and significantly reduce the cost of maintenance at the same time. It is my goal to make the Vanadium Redox Battery the product of choice in localized energy storage and point of use energy delivery in telecom, utilities and other opportune markets."
"In particular, I believe that the timing for VRB Power's products in the telecoms industry is very good. With the major problems caused by tropical storms in the Southern States, the Caribbean, the Bahamas and Latin America as well as black-out problems across North America and internationally, telecom providers are looking for more efficient technologies which can provide longer back-up storage. I believe that VRB Power's products have the potential to be the solution to these issues."
About VRB Power
Headquartered in Vancouver, Canada, VRB Power Systems Inc. ("VRB Power") is an energy storage technology developer, manufacturer and systems integrator utilizing the patented VRB Energy Storage System ("VRB-ESS(TM)") and has acquired the intellectual property rights comprising the Regenesys Energy Storage System ("RGN-ESS(TM)").
Both technologies represent a new enabling capability to effectively store large amounts of electricity on demand. They can provide direct economic benefits to utilities and end users in terms of improved power quality, reliability and energy efficiency and are particularly well suited to load levelling (peak shaving), electrical power arbitrage, grid stability enhancements, capital deferment and Remote Area Power Supply (RAPS) applications. The VRB-ESS is focused towards stationary applications such as utility substations, commercial buildings, production facilities, telecommunication operations, cellular radio sites and renewable resource generation such as wind and solar applications, where its utilization creates the ability to provide "firm" capacity.
As a "green" technology, the VRB-ESS is characterized by having a low ecological impact and is unlike most other conventional energy storage systems that rely on toxic substances such as lead or cadmium. VRB Power is publicly listed on the TSX Venture Exchange ("VRB") and the OTC Pinksheets ("VRBPF").
Warning: VRB Power's press releases may contain forward-looking statements. These statements are based on management's current expectations and beliefs which are subject to a number of known and unknown risks and uncertainties (including, but not limited to, the risk factors described in VRB Power's Annual Information Form filed with the British Columbia Securities Commission and available at www.sedar.com) that could cause actual results to differ materially from those expressed or implied in our forward-looking statements. The Company does not assume any obligation to update any forward- looking statements contained in this press release.
"The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release"
Simon Clarke,
Executive Vice President, Corporate Development
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