SOURCE: Eco-Shift Power Corp.

Eco-Shift Power Corp.

October 30, 2014 07:00 ET

Eco-Shift Power Corp (OTCQB: ECOP) Announces Appointment of Duncan Frederick to the ECOP Board of Directors

SANTA ANA, CA--(Marketwired - October 30, 2014) - Eco-Shift Power Corp (OTCQB: ECOP) ECOP announces that Duncan Frederick, the former Managing Director of Sun Industries, was appointed to the ECOP Board of Directors. The appointment brings the total number of Directors to three, including CEO, Gib Wood and CFO, Jim Hughes. Sun Industries was recently acquired by ECOP and will continue to operate as ECOP's US business unit based in Santa Ana, California.

"I look forward to joining the ECOP Board of Directors to provide guidance and oversight on ECOP's exciting growth strategy," noted ECOP Director, Duncan Frederick. "With 20 years of experience in the energy services field, I see significant opportunity in the ECOP business strategy". "I hope to leverage my experience and contacts in the energy services sector to assist ECOP with its growth strategy," further noted Frederick.  

Mr. Frederick has over 20 years of leadership experience in the energy services field. He is currently the Director of Marketing, Energy Services for Rosendin Electric, the largest employee owned electrical services contractor in North America.

In 2009, Mr Frederick facilitated the merger of privately owned Sun Electric with Rosendin Electric providing the cornerstone for what is now the 3rd largest Solar contracting capacity in North America. From 2009-2012, he was the Director of Solar Operations responsible for business planning, marketing and sales strategies, contract negotiations and development of strategic industry relations for the company's solar initiative.

He now oversees market development for Rosendin International's ventures in the Caribbean and various Latin American markets in addition to providing strategic planning for Rosendin Electric's expansion into the energy conservation services developer builder market. 

Prior to joining Rosendin Electric in 2009, Mr. Frederick spent 12 years as President and General Manager of various Sun Industries Operating companies including 4 years with Sun Electric L.P. where he was responsible for growing the start-up to one of the largest independent installers of large scale PV systems in the California HUGS (hospital, university, government and schools) market, and 8 years as General Manager of Sun & Sun Industries Inc. where he established the company as the largest independent design build lighting retrofit service provider in the country. He also served as Director of Retail Sales for the Los Angeles Cellular Telephone Company (now AT&T), and began his career in various technical sales, marketing and management positions for SONY Corporation of America.

As a senior executive for development and EPC (Engineering, Procurement and Construction) delivery of energy conservation and renewable projects, Mr. Frederick has been involved in demand and supply side energy services project transactions worth over $500 million throughout North America and the Caribbean for public and private sector clients. His expertise focuses on strategy, markets and commercial opportunities for energy conservation and renewable energy supply solutions.

He is a graduate of Yale University, holds a California General Contractor's license and is married with 5 children.

"We are ecstatic to have Duncan joining the ECOP Board of Directors," exclaimed Gib Wood, Director and CEO of ECOP. "Duncan clearly brings the professionalism and experience to the board that will be needed to oversee ECOP's aggressive growth strategy," further noted Wood. 

"We have been impressed with Duncan from the first day we met him," noted Jim Hughes, Director and CFO. "Duncan is a proven executive leader with an impressive CV, and we look forward to working from him and learning from his experiences and an organization," further noted Hughes. 

About Eco-Shift Power

Headquartered in Cambridge, ON, Eco-Shift Power Corp. (ECOP) is a high efficiency lighting retrofit specialist and manufacturer of LED lighting products, wireless energy management systems and cloud based software platforms.

Core ECOP competencies include LED high bay lighting, wireless energy management systems that are plug-and-play and compatible with multiple technologies (HVAC, plug load etc), and software platforms that allow for automated demand management and demand response.

ECOP's business model includes three primary segments, which include:

  • EPC (engineering/design, procurement, construction) of diversified and large scale lighting retrofit projects;
  • OEM (original equipment manufacturer) of LED lighting and wireless energy management systems; and
  • Energy Management and Demand Response, provided via long-term contracts and a Software-as-a-Service.

ECOP plans to continue growing the lighting retrofit business North America wide in key markets, while at the same time pushing for rapid national and international expansion of market share for its OEM product line. ECOP will then use its market share and extensive client roster for the sale of Energy Management and Demand Response services. 

ECOP plans to use strategic acquisitions to accelerate its business model and growth objectives.

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This press release shall not constitute an offer to sell or the solicitation of an offer to buy the offered shares or any other securities, nor shall there be any sale of such shares or any other securities in any province or state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

Contact Information

  • Contact:
    Eric Primeau
    519 650-9506
    Eco-Shift Power Corp.
    1090 Fountain St. N.
    Cambridge, ON
    N5E 1A3