Rich Preziotti Named Lineage Power AT&T National Account Manager

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Mon Nov 2, 2009 3:25pm EST

  PLANO, TX, Nov 02 (MARKET WIRE) -- 
Lineage Power Corporation, a Gores Group company and the first name in
power, today announced that Rich Preziotti has been named AT&T national
account manager. In response to the explosive growth of mobile video and
data services, Preziotti will position telecom DC power solutions for
AT&T central offices, mobile switching centers and cell sites to ensure
the carrier's network optimization via Lineage Power's end-to-end Total
Efficiency(TM) Architecture.

    Prior to joining Lineage Power, Preziotti held the position of national
sales director for AT&T at Eltek Valere. Preziotti is recognized by the
power industry as a trusted advisor, crafting innovative solutions to
complex challenges, increasing customer satisfaction, and driving revenue
growth in both publicly and privately-held companies.

    "Rich Preziotti brings a mix of industry experience and proven
accomplishments that will help guide and prepare our customers to better
handle the continued deluge of video and other data traffic now
transported via mobile networks," said Greg Fasullo, vice president and
general manager of Energy Systems for Lineage Power. "His nearly 30 years
experience in power engineering will prove to be an asset as we continue
to develop new energy-saving techniques by leveraging sustainable
sourcing and smart grid technologies."

    "Carrier power needs have dramatically changed -- Lineage Power's Total
Efficiency Architecture is on the forefront of addressing them while
lowering utility and cooling costs," Preziotti said. "I look forward to
helping AT&T achieve their sustainability objectives across all locations
to accelerate availability of next-generation mobile video and data
services for their subscribers."

    Prior to Eltek Valere, Preziotti was the sales director for AT&T accounts
while at Lucent Technologies and Tyco Power. Previously, he was an account
executive for AT&T Power Systems serving Southwestern Bell and
Southwestern Bell Mobile Systems. Preziotti started his career with
Western Electric in 1980 in power equipment engineering in New Jersey.

    Rich Preziotti earned a bachelor's degree from Rutgers College in New
Brunswick, NJ, and completed MBA courses at Monmouth College. He also
completed the Account Executive Sales Certification Program at the AT&T
Sales Academy.

    About Lineage Power

    Lineage Power Corporation, a Gores Group company, traces its heritage to
AT&T, Bell Labs, Lucent Technologies and Western Electric. Today, the
company delivers reliable and intelligent power conversion solutions
carrying on the tradition of patented innovation with energy-efficient
AC/DC and DC/DC power modules, indoor/outdoor energy systems, and custom
power products backed by local field expertise in 25+ locations worldwide.
Designed for decades of non-stop operation, the high-availability DC power
conversion solutions enable voice, video and data communications while
assuring investment protection, total system efficiency, and significantly
reduced total cost of ownership. More information about Lineage hardware,
software, services and training is available at www.lineagepower.com.

    About The Gores Group

    Founded in 1987, The Gores Group, LLC is a private equity firm focused on
acquiring controlling interests in mature and growing businesses which can
benefit from the firm's operating experience and flexible capital base.
The firm combines the operational expertise and detailed due diligence
capabilities of a strategic buyer with the seasoned M&A team of a
traditional financial buyer. The Gores Group, LLC has become a leading
investor having demonstrated over time a reliable track record of creating
substantial value in its portfolio companies alongside management. The
firm's current private equity fund has committed equity capital of $1.3
billion. Headquartered in Los Angeles, California, The Gores Group, LLC
maintains offices in Boulder, Colorado and London. For more information,
please visit www.gores.com.

    

Media Contact:
Michelle Barry
BridgeView Marketing
603.570.7533
michelle@bridgeviewmarketing.com

Copyright 2009, Market Wire, All rights reserved.

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