Elie Nasr Joins SatCon as Vice President of Business Development
20 February 2008 - 12:30AM
Business Wire
SatCon Technology Corporation� (Nasdaq CM: SATC), a developer of
power management and system architecture solutions for the
alternative energy and distributed power markets, today announced
that Elie Nasr has joined SatCon as Vice President of Business
Development for its SatCon Power Systems division. Mr. Nasr will
spearhead the next phase of developing SatCon�s sales team
emphasizing solution selling of systems and services of all its
products and targeted applications on a global basis. Elie Nasr
brings a solid track record of achievements spanning the past 20
years with his most recent role as Senior Business Development
Specialist at Siemens PTI involving the promotion, marketing and
direct sales of a suite of products and services which included
Transmission and Distribution Planning and Operational Analysis
software in addition to pursuing Consulting opportunities. In the
six years he was with PTI, he also served as the Technical
Architect for the Product Development team as well as orchestrating
alliances and partnerships with EMS, GIS, DMS, and IT solution
providers for the licensing of Siemens products. Previous roles
included Chief Software Engineer and Product Specialist for the
Energy Control Systems Division of GE Energy. Mr. Nasr holds BS and
MS Degrees in Electrical Engineering and an MBA in Finance. About
SatCon Technology Corporation SatCon Technology Corporation is a
developer and manufacturer of electronics and generators/motors for
the Alternative Energy, Hybrid-Electric Vehicle, Grid Support, High
Reliability Electronics and Advanced Power Technology markets. For
further information, please visit the SatCon website at
www.satcon.com. SATC-G Statements made in this document that are
not historical facts or which apply prospectively are
forward-looking statements that involve risks and uncertainties.
These forward-looking statements are identified by the use of terms
and phrases such as �will,� �intends,� �believes,� �expects,�
�plans,� �anticipates� and similar expressions. Investors should
not rely on forward looking statements because they are subject to
a variety of risks and uncertainties and other factors that could
cause actual results to differ materially from the Company�s
expectation. Additional information concerning risk factors is
contained from time to time in the Company�s SEC filings. The
Company expressly disclaims any obligation to update the
information contained in this release.
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