Liberty Power Names New VP of Pricing, Structuring, and Product Development, New...

Liberty Power Names New VP of Pricing, Structuring, and Product Development,
New VP of Wholesale Supply Operations, and New VP of SMB Sales
Liberty Power's Management Team Grows as Business Increases

FORT LAUDERDALE, Fla., July 23 /PRNewswire/ -- Liberty Power, one of the
fastest growing, independent retail electric providers in the United States,
today announced the appointments of Derik Viner to the position of Vice
President, Pricing, Structuring, and Product Development, Joe Holtman to the
position of Vice President, Wholesale Supply Operations, and Claus Kursell to
the position of Vice President, Small and Medium Business ("SMB") Sales.
Derik Viner will be responsible for managing Liberty Power's product
development efforts and deal pricing and structuring. "We are very excited
with the addition of Derik Viner to our executive team and the proven
experience he brings to our pricing team," stated David Hernandez, CEO of
Liberty Power. "For customers, price is one of the most critical components
in selecting an electric service provider. Liberty Power continues to build
its portfolio of products to ensure that each customer can address their
individual needs, while optimizing cost-savings."
Viner brings his sales, pricing and risk management, and energy experience
to Liberty Power after holding several senior positions within the energy
industry. His most recent position was Vice President of the Geographic
Business Line for Constellation NewEnergy. A graduate of Johns Hopkins
University, Viner now makes his home in Broward County, Florida.
As Vice President of Wholesale Supply Operations, Joe Holtman will be
responsible for Liberty Power's procurement of power and risk management. "A
sophisticated level of risk management is critical to the long-term success of
any retail electric provider, as has been proven by the recent defaults of a
number of retail electric providers in Texas. We are very pleased with the
recent addition of Joe Holtman and the expertise and experience he brings to
Liberty Power," Hernandez stated.
Holtman has extensive experience in the energy industry in the areas of
forecasting, risk management, and procurement. Most recently, he was Director
of Energy Supply for Consolidated Edison. Holtman is a graduate of the Iona
College'sHagan School of Business, and now makes his home in Broward Country,
Florida.
Leading SMB sales, Claus Kursell will be responsible for expanding Liberty
Power's sales infrastructure in the SMB segment for both current and new
markets by further expanding both the company's internal sales channel
development support team as well as boarding new external sales channels. "We
are equally excited with the addition of Claus Kursell to our executive team
and the leadership he brings to our small- to medium-sized business sales
team," Hernandez stated. "We look forward to continually amplifying the
fundamental principle that Liberty Power was founded on -- to provide small
and medium-sized businesses with the cost-savings and outstanding level of
customer service typically reserved only for large commercial customers."
Kursell brings his sales, marketing and corporate/operational experience
to Liberty Power after holding several leadership positions, including his
most recent role as leader of SMB Business Development for Nortel Networks. A
graduate of McGill University, Kursell makes his home in Broward County,
Florida.
One of Kursell's first acts as Vice President was to hire Jason Merritt,
Director of Channel Development. "Jason Merritt is a significant addition to
the Liberty Power SMB Sales team," Kursell stated. "Specifically, his
considerable experience in the Texas energy market ensures that Liberty Power
will continue to be well-positioned to serve customers in one of the most
competitive restructured energy markets." Prior to joining Liberty Power,
Merritt held various senior sales management positions for Strategic Energy,
where he developed sales both in the Texas-ERCOT market, as well as at the
national level, and Direct Energy where he focused on residential and
commercial sales in the Texas-ERCOT market.
Headquartered in Fort Lauderdale, Florida, Liberty Power is one of only
four national retail electric providers licensed in 16 or more states and is
the only certified, minority-owned, independent retail electric provider with
a national presence. Currently serving tens of thousands of customers in New
York, Texas, Maryland, New Jersey, Massachusetts, Connecticut, Illinois,
Delaware, Maine, and Washington, D.C., Liberty Power provides large and small
businesses, as well as residential customers, with low-cost electricity and
outstanding customer service. National customers include JCPenney, Bausch &
Lomb, and New York Life.
For more information on Liberty Power, please visit
http://www.libertypowercorp.com/
Liberty Power is certified and licensed by the Public Utilities/Service
Commissions of the following states: California, Connecticut, Delaware,
Illinois, Maine, Maryland, Massachusetts, Michigan, New Jersey, New York,
Ohio, Pennsylvania, Rhode Island, Texas, and Virginia. We are also licensed
and certified in the District of Columbia, and by the Federal Energy
Regulatory Commission. Additionally the company is GSA, SBA, and SBA-8A
certified. Liberty Power is a registered trademark of Liberty Power
Corporation.

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SOURCE Liberty Power

Tim LoCascio of Liberty Power, +1-954-598-7063,
tlocascio@libertypowercorp.com