18 <p><strong>Chatsworth, Calif. &ndash; Jan. 16, 2008</strong> &ndash; Pentadyne Power Corporation, the world&rsquo;s leading manufacturer of clean energy storage systems using advanced composite flywheel technology, announced today that it has appointed Mark Campion as its Executive Vice President and Chief Financial Officer. <br /> <img height="450" alt="" hspace="5" width="222" align="right" vspace="5" src="/uploads/18/Image/profilepageCFO-MarkCampionBlueBack.jpg" /><br /> Since 2003, Campion has been the CFO of Silicon Valley based PolyFuel Inc., a world leader in the development of engineered membranes for fuel cells. Under his direction, PolyFuel was one of the first U.S. companies to consider and successfully execute an initial public offering on the London Stock Exchange Alternative Investment Market in 2005. Since that time, more than 50 U.S. companies have followed suit. <br /> <br /> &ldquo;I am thrilled to be joining Pentadyne as its new CFO,&rdquo; Campion said. &ldquo;Pentadyne, with its experienced management team and industry leading technology, is well positioned to assume a dominant role in the emerging clean energy storage space, and I look forward to helping the company realize its full potential.&rdquo;<br /> <br /> In announcing the decision to the Pentadyne staff, President &amp; CEO Mark McGough said, &ldquo;After a review of numerous qualified candidates, interviews with our board members, and extensive conversations with the management team, our top choice was Mark Campion. Mark brings 29 years of highly relevant experience to Pentadyne, including a strong corporate accounting and finance background and being part of a successful IPO, along with his CPA qualifications. For some time Pentadyne has been in need of a seasoned CFO with public company experience, and Mark brings this and more as we complete upgrades to the strength and accomplishments of our management team.&rdquo;<br /> <br /> Campion&rsquo;s background entails accomplishment in all forms of debt and equity financing, including multiple IPOs, venture capital, bank financing and structured debt instruments. He has practical, hands-on experience with SEC reporting requirements, investor/analyst relations, legal affairs, business development, mergers and acquisitions, strategic negotiations, tax planning and international business. Campion is a graduate of the University of California, Berkeley&rsquo;s School of Business Administration and completed the Harvard Graduate School of Business Administration&rsquo;s Advanced Executive Management Program.<br /> <br /> <strong>About Pentadyne Power Corporation</strong><br /> Hundreds of Pentadyne energy storage systems are operating as a part of battery-free UPS solutions at commercial, industrial, hospital and military facilities worldwide. The company&rsquo;s magnetically levitated carbon fiber flywheels are the world's most energy efficient, using 90% less power than other flywheels. Pentadyne systems deliver vastly higher long-term reliability and uptime availability at a fraction of the footprint, weight, maintenance needs and cost of hazardous lead-acid UPS batteries. An ISO-9001-certified company, Pentadyne Power Corporation designs and manufactures its environmentally beneficial products at its factory in Greater Los Angeles.<br /> <br /> # # #<br /> <br /> <strong>Editors:</strong><br /> Backgrounders on the Pentadyne management team are at:<br /> <a href="http://www.pentadyne.com/site/company/management-team.html ">www.pentadyne.com/site/company/management-team.html </a><br /> <br /> Pentadyne flywheel product details are at:<br /> <a href="http://www.pentadyne.com/uploads/18/File/Pentadyne-VSS-Brochure.pdf">http://www.pentadyne.com/uploads/18/File/Pentadyne-VSS-Brochure.pdf</a></p> <p><strong>Press Contacts:</strong><br /> Keith Field<br /> Vice President of Marketing<br /> Pentadyne Power Corporation <br /> (818) 350-0370 x210 <br /> Email: <a href="mailto:keith.field@pentadyne.com">keith.field@pentadyne.com</a> <br /> <br /> <strong>Agency Contact:</strong><br /> PJ Jennings<br /> Jennings &amp; Associates Communications, Inc.<br /> (760) 471-7376<br /> Email: <a href="mailto:pj@jandacommunications.com">pj@jandacommunications.com</a></p> 2911 6 011608 true true Pentadyne Names Campion Chief Financial Officer 2008-04-30T16:27:12-04:00