PLANO, TX--(Marketwire - November 2, 2009) - Lineage Power Corporation, a Gores Group company and the first name in power, today announced that Rich Preziotti has been named AT&T national account manager. In response to the explosive growth of mobile video and data services, Preziotti will position telecom DC power solutions for AT&T central offices, mobile switching centers and cell sites to ensure the carrier's network optimization via Lineage Power's end-to-end Total Efficiency™ Architecture.
Prior to joining Lineage Power, Preziotti held the position of national sales director for AT&T at Eltek Valere. Preziotti is recognized by the power industry as a trusted advisor, crafting innovative solutions to complex challenges, increasing customer satisfaction, and driving revenue growth in both publicly and privately-held companies.
"Rich Preziotti brings a mix of industry experience and proven accomplishments that will help guide and prepare our customers to better handle the continued deluge of video and other data traffic now transported via mobile networks," said Greg Fasullo, vice president and general manager of Energy Systems for Lineage Power. "His nearly 30 years experience in power engineering will prove to be an asset as we continue to develop new energy-saving techniques by leveraging sustainable sourcing and smart grid technologies."
"Carrier power needs have dramatically changed -- Lineage Power's Total Efficiency Architecture is on the forefront of addressing them while lowering utility and cooling costs," Preziotti said. "I look forward to helping AT&T achieve their sustainability objectives across all locations to accelerate availability of next-generation mobile video and data services for their subscribers."
Prior to Eltek Valere, Preziotti was the sales director for AT&T accounts while at Lucent Technologies and Tyco Power. Previously, he was an account executive for AT&T Power Systems serving Southwestern Bell and Southwestern Bell Mobile Systems. Preziotti started his career with Western Electric in 1980 in power equipment engineering in New Jersey.
Rich Preziotti earned a bachelor's degree from Rutgers College in New Brunswick, NJ, and completed MBA courses at Monmouth College. He also completed the Account Executive Sales Certification Program at the AT&T Sales Academy.
About Lineage Power
Lineage Power Corporation, a Gores Group company, traces its heritage to AT&T, Bell Labs, Lucent Technologies and Western Electric. Today, the company delivers reliable and intelligent power conversion solutions carrying on the tradition of patented innovation with energy-efficient AC/DC and DC/DC power modules, indoor/outdoor 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
Founded in 1987, 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 $1.3 billion. Headquartered in Los Angeles, California, The Gores Group, LLC maintains offices in Boulder, Colorado and London. For more information, please visit www.gores.com.
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