AUSTIN, Texas--(BUSINESS WIRE)--Feb. 19, 1999--Active Power, Inc. announced today that Jan Lindelow, chairman & chief executive officer at Tivoli Systems, Inc., has joined Active Power's Board of Directors.
Active Power, Inc. is well known in the power quality industry for developing and
"Jan brings valuable international experience and management expertise to our board," stated Joe Pinkerton, president and founder of Active Power. "Previous to his current position, he served in a number of senior executive positions with ABB, a world leader in power generation, transmission and distribution. This electric power industry experience combined with his expertise in strategic business positioning will be a great asset to Active Power as we expand our international presence and grow our worldwide marketing efforts."
While at ABB, Lindelow was president of a $2 billion segment of the company's North American business consisting of 14 companies serving traditional industrial markets, such as oil and gas. He was also CEO of ABB Power T&D Company, serving the utility and industrial markets for power transmission and distribution.
According to Lindelow, "I enjoy being involved with startup companies that have interesting technologies and strong leadership. Active Power is definitely such a company, possessing a winning combination of innovation technology, a strong vision and talented people."
Other Active Power board members include: Joe Pinkerton, president & CEO of Active Power; Eric Jones, partner of SSM Venture Partners (Memphis, Tenn.); Terry Rock, principal of Centerpoint Ventures (Dallas); Lindsey Jones, partner of Advent International (Boston); Rod Bond, CFO of VTEL (Austin, Texas); and Dick Anderson, partner of Hill Partners (Austin, Texas).
Active Power, Inc., a manufacturer of flywheel energy storage systems, was established in 1996. Located in Austin, the company's revolutionary product, CleanSource, is the world's first fully integrated flywheel energy storage system. The company markets its products to the power quality industry. Customers include electric utilities, data centers, Internet service providers, industrial manufacturing companies and other organizations that require cost effective, quality electrical power. More information can be found on the World Wide Web at http://www.activepower.com.
Note to Editors: CleanSource is a trademark of Active Power, Inc.