SOURCE: Pentadyne Power

March 02, 2007 10:00 ET

Pentadyne Power Appoints Richard Newark as COO

CHATSWORTH, CA -- (MARKET WIRE) -- March 2, 2007 -- Pentadyne Power Corporation (www.pentadyne.com), the world's leading commercial manufacturer of clean energy storage systems using advanced composite flywheel technology, announced that Richard Newark has joined Pentadyne as Chief Operating Officer.

Newark most recently managed the turnaround of U.S. operations at Wolverine Advanced Materials, a global supplier of vibration damping and sealing materials for automotive, consumer electronics and industrial markets. Prior to Wolverine, Newark instituted lean manufacturing systems to produce high-volume (over 1600 per day) automotive transmissions in a joint venture between Ford Motor Company and ZF Friedrichshafen, AG. He also served as Chief Product Engineer and Shop Operations Director at Cummins Engine Company where he launched new engine programs as well as developed new manufacturing processes and systems to meet customer requirements, producing over 200 engines per day in high-volume, lean manufacturing facilities.

"Dick has more than 27 years of operations experience in Six Sigma quality and lean manufacturing processes, new product launches, product development, organizational development and continuous improvement," said Pentadyne CEO Mark McGough. "Dick is a recognized industry expert and will lead Pentadyne's scaling up of manufacturing operations and continuous improvement processes in cost, quality and delivery performance."

Newark earned his MBA and a BS in mechanical engineering from Pennsylvania State University.

About Pentadyne Power Corporation

An ISO-9001-certified company, Los Angeles-based Pentadyne designs, manufactures and markets clean energy storage systems using a high-strength advanced carbon-fiber flywheel to ensure power quality and continuity for mission-critical operations at industrial, commercial, healthcare and military facilities in North America and abroad. Integrated into UPS systems -- with or without battery-based energy storage -- award-winning Pentadyne flywheel systems provide an economic, long-lasting, low maintenance, lightweight and environmentally responsible back-up power solution without any hazardous chemicals or other safety concerns. The company is backed by leading venture capital groups and power industry leaders including Nth Power, Rustic Canyon Partners, DTE Energy, Energy InnovationsPortfolio, Electricité de France, Ben Rosen (co-founder of Sevin Rosen Funds and Chairman emeritus of Compaq Computer) and others. Pentadyne OEM systems are marketed in the Americas by Emerson Network Power (www.emersonnetworkpower.com) under the Liebert (www.liebert.com) brand and by Socomec Sicon (www.socomec.com) in Europe, the Middle East, Africa and Asia.

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