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LINEAGE POWER NAMES GREG FASULLO VICE PRESIDENT AND GENERAL MANAGER OF ENERGY SYSTEMS

Lineage Power Corporation, a Gores Group affiliate and a trusted provider of energy-efficient AC/DC and DC/DC switching technologies, announced today that Greg Fasullo has been named vice president and general manager of the Energy Systems business unit. Fasullo will be based at the company's Dallas headquarters and will be responsible for leading product strategy and growth opportunities for the Energy Systems business.

"Fasullo has an extensive history in the power industry with impressive success and worked with many of our current engineers when Lineage Power was part of Lucent Technologies," stated Roger Stonecipher, CEO at Lineage Power. "We are excited to welcome Fasullo back to the team and as we continue to grow the Energy Systems business, his proven track record in the communications OEM and service provider markets, and commitment to meeting customer needs with reliable, high-performance power products will be a valuable asset."

Prior to joining Lineage Power, Fasullo served as chief marketing officer for Eltek Valere and was previously co-founder and vice president of worldwide sales and marketing at Valere Power. During this time, Fasullo built and led the telecom channel sales team which led to significant company growth. Also at Valere Power, he served as the chief technical officer charged with defining the company's product and technology strategy. Before Valere Power, Fasullo was a distinguished member of the technical staff at AT&T Bell Laboratories and Lucent Technologies with roles in engineering and system architecture where he designed some of the most profitable and technologically advanced products in the industry.

Fasullo holds 11 U.S. patents and earned a bachelor's degree in electrical engineering from Lehigh University. He also has a master's degree in electrical engineering from the University of California at Berkeley and an Executive MBA from Southern Methodist University.

Thu Aug 07 11:42:00 CDT 2008


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