Fort Lauderdale, May 30, 2005 – SWANTECH Inc, a leading provider of advanced machine healthcare monitoring solutions and analysis services, today announced that James Kemp has joined the company as senior vice president, business development for the company’s power generation sales division. Kemp was selected for the position because of his particular expertise in asset reliability and predictability as well as his experience in the electric utility, process engineering and power generation industries. “Having Jim as part of the SWANTECH team continues to help us broaden ways we can apply our friction monitoring applications to critical assets where traditional vibration technology can’t be applied or has been ineffective and unreliable,” said Ralph Genesi, president & CEO of SWANTECH. “Jim’ s process knowledge combined with his vast operations experience will help provide better insight into the use, benefits and the economics of a truly predictive system for our customers”. Prior to joining SWANTECH, Kemp was a senior vice president of engineering for DKRW Energy, where he was responsible for all engineering activities on projects that included an LNG terminal, coals-to-liquid and large wind power projects. Kemp has also served as senior executive vice president and chief technology officer for TransAlta, and was responsible for all corporate operations there. In addition, he has held international executive positions with both Tractebel Power Inc. and Enron Corporation. Kemp received both his bachelor’s and master’s degrees from the University of Arkansas and is a registered professional engineer in Texas.“I am pleased to be working with the SWANTCH team because we are transforming the way companies look at, measure and evaluate condition-based monitoring. SWANTECH’s applications are at the forefront of detecting bearing and gear damage, shaft misalignment and imbalance, lubrication effectiveness, seal damage and other machine problems. It’s exciting to be part of a truly predictive, superior solution.”About SWANTECHFounded in 1998, Ft. Lauderdale-based SWANTECH is a leading designer, manufacturer and marketer of industrial ultrasonic diagnostic systems that accurately evaluate the operating health of industrial machinery. SWANTECH's proprietary, patented and field-tested Stress Wave ANalysis (SWAN™) technology is revolutionizing the global condition monitoring market by providing a cost-saving machine defect detection solution that is replacing traditional vibration-sensing and lubrication solutions that have existed for over 25 years. SWANTECH offers solutions to predict and avert failure for all types of rotating machinery through its product suite, including SWANguard™, SWANview LX™, and SWANexpert™. For more information, visit the company’s Website at www.swantech.com.
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