Lineage Power Awarded Verizon 2009 Supplier Recognition Award
* Reuters is not responsible for the content in this press release.
PLANO, TX, Apr 22 (MARKET WIRE) --
Lineage Power Corporation, a Gores Group company and the first name in
power, today announced it has been named the first recipient of Verizon's
2009 Supplier Recognition Award in the "Green Sustainability" category.
Lineage Power will accept the award from Verizon in a special ceremony
scheduled during Verizon's Earth Day celebration, April 22, 2010 in
Irving, Texas.
The Verizon Supplier Recognition Awards recognize companies that support
Verizon's commitment to continuous improvement of quality and service to
its customers through a passion for excellence. Criteria for winning
include: quality of service, year-over-year growth, a commitment to
supplier diversity, meeting and exceeding performance metrics, providing
cost management solutions and excellent customer service.
"Delivering the best customer experience is a top priority for Verizon,
so we expect the highest quality service from our vendors, which keeps us
focused on the business of serving our customers," said Mariano Legaz,
Verizon vice president -- supply chain services. "Lineage Power is among
11 vendors that have received a 2009 Verizon Supplier Recognition Award
for delivering advanced products and services, and for consistently
demonstrating a commitment to excellence."
"We are honored to receive this award for our collaboration that will
help Verizon cost-effectively achieve their sustainability objectives,"
said Craig Witsoe, CEO of Lineage Power.
Lineage's Total Efficiency(TM) architecture is unique in its ability to
reduce utility and cooling costs for customers, while leveraging existing
investments to scale their networks at lower relative costs. Lineage is
leveraging a 95-year heritage of innovation to intelligently interact
with Smart Grids while optimizing sustainable energy sources. Eco
Priority Source(TM) technology gives precedence to sustainable energy
sources like solar, wind, water and fuel cells over traditional utility
grid or diesel generator sources. Smart Grid Demand Response(TM) features
reduce DC energy system consumption during peak demand periods.
Whether expanding existing locations or deploying new ones, the Lineage
TE architecture addresses end-to-end power requirements for Mobile
Telephony Switching Offices (MTSO/MSC), outside plant (OSP) cabinets for
optical backhaul networks, and cell site equipment huts and shelters. For
more information please call 877-LINEAGE or +1 972 244 WATT.
About Lineage Power
Lineage Power Corporation, a Gores Group company, traces its 95+ year
heritage of patented innovation to AT&T, Bell Labs, Lucent Technologies
and Western Electric. The first name in power, Lineage delivers reliable
and intelligent power conversion solutions with energy-efficient AC-DC
power supplies, DC-DC board-mounted power modules, telecom 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, LLC
Founded in 1987 by Alec E. Gores, 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 $2.7 billion. Headquartered in Los Angeles,
The Gores Group, LLC maintains offices in Boulder, CO, and London. For
more information, please visit www.gores.com.
Media Contact:
Michelle Barry
BridgeView Marketing
603.570.7533
michelle@bridgeviewmarketing.com
Copyright 2010, Market Wire, All rights reserved.
-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.



Follow Reuters