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Technology Stocks : Vanteck (vrb-cdnx, vttcf) -- Ignore unavailable to you. Want to Upgrade?

To: gg cox who wrote (165)	11/5/2004 2:46:15 PM
From: gg cox	Read Replies (1) \| Respond to of 413

Energy Industry Marketing Executive Mark Kuntz Joins VRB Power Systems 11/5/04 VANCOUVER, Nov 5, 2004 /PRNewswire-FirstCall via COMTEX/ -- VRB Power Systems Inc. (TSX-V: VRB) is pleased to announce the appointment of Mark Kuntz as Vice-President of Marketing and Business Development. A Mechanical Engineer and MBA, Mr. Kuntz has 20 years of experience in sales and marketing in the energy industry. He is also on the Board of Directors of the Electricity Storage Association, an international trade association headquartered in California that fosters the development and commercialization of energy storage technologies. "Mark is an outstanding addition to our management team," said VRB Power CEO Tim Hennessy. "With his extensive marketing experience, his knowledge of energy technology and engineering, and his strong record of achieving sales growth, he will play a key role in helping us achieve our goal of rapidly growing revenues." Mr. Kuntz has held various senior marketing and engineering positions with distributed energy, renewable energy, and turbine firms in California and Texas. In the nineties he was director of national accounts for Lennox Industries' Commercial Business division. He was then recruited to create a new business in the emerging distributed generation industry by Unicom Corp., the parent of Commonwealth Edison. He then became vice-president of marketing for Capstone Turbine Corporation, the world's leading producer of low-emission microturbines. Most recently, Mr. Kuntz was based in Chicago where he was responsible for marketing and business development for Regenesys Technologies, the developer of the world's first utility-scale electrochemical electricity storage system. "Mark has a proven track record of selling leading-edge technology in the utility and energy sectors," said Hennessy. "In addition, in light of our recent acquisition of the Regenesys technology, he brings to VRB Power invaluable experience. His background will be of great value to utilities, from assisting them in evaluating the technology to designing and installing cost-saving electricity storage systems." About VRB Power Based in Vancouver, B.C. Canada, VRB Power Systems Inc. is an electrochemical energy storage company that has commercialized the patented Vanadium Redox Battery Energy Storage System ("VRB-ESS"). The VRB-ESS is a new enabling technology that can effectively store electricity on demand. The VRB-ESS can provide direct economic benefits to utilities and end users in terms of improved power quality, reliability and energy efficiency. The VRB-ESS is particularly well suited to load levelling (peak shaving), electrical power arbitrage, grid stability enhancements, capital deferment and Remote Area Power Supply (RAPS) applications. It is primarily focused on stationary power sources such as utility substations, commercial buildings, production facilities, telecommunication operations, cellular radio sites, and renewable resource generation such as wind farms - creating the ability to provide "firm" capacity. As a "green" technology, the VRB is characterized by the lowest ecological impact of all energy storage technologies and is unlike most other conventional energy storage systems that rely on toxic substances such as lead, zinc or cadmium. VRB Power is publicly listed on the TSX Venture Exchange ("VRB") and the OTC Pinksheets ("VRBPF"). Warning: The Company relies upon litigation protection for "forward-looking statements" "The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release" Vince Sorace President, VRB Power Systems Inc. For further information please contact: VRB Power Systems Inc., at (604) 697-8820 Global Link Capital Corporation at (604) 319-3115 Or visit the company's web site at: www.vrbpower.com SOURCE VRB Power Systems Inc. VRB Power Systems Inc., at (604) 697-8820; Global Link Capital Corporation at (604) 319-3115 Or visit the company's web site at: www.vrbpower.com (VRB. VRBPF) Copyright (C) 2004 PR Newswire. All rights reserved. stockhouse.com