Power Efficiency appoints Kenneth Munson VP of Sales and Marketing

  • September 12, 2007
  • Power Efficiency Corporation
  • News
September 12, 2007– Las Vegas, NV – Power Efficiency Corporation announced the addition of Kenneth Munson as Vice President of Sales and Marketing, to lead its international and domestic sales and marketing initiatives. Reporting directly to Steve Strasser, the company’s President and CEO, Mr. Munson will lead the sales and marketing team to advance Power Efficiency’s business initiatives within emerging markets, both in Europe and its core market in North America. Ultimately responsible for globalizing Power Efficiency’s line of patented energy saving eSave Technology, Mr. Munson will also be responsible for developing the Company’s position with statewide utility providers, federal regulatory agencies and key industry leaders. “Ken Munson has achieved considerable success in leading sales and marketing efforts throughout his career”, said Strasser. “Although eSave Technology is effective on many applications, we expect the elevator and escalator market to be the first segment of many we penetrate deeply. In this market we have a number of significant retrofit sales opportunities and numerous original equipment manufacturers are evaluating our technology for new escalators. Ken’s knowledge of this industry, his track record of success in it, and his vision and passion for the Company’s growth are a perfect match for us as we work to bring these opportunities to fruition. We are extremely pleased to have Ken help drive our market development efforts at this important time.”Mr. Munson joins Power Efficiency Corporation from Kinetek, Inc. where he led business development and marketing efforts for its Elevator and Escalator Solutions Group since 2005. Prior to Kinetek, Mr. Munson was Vice President of Business Development and Marketing at Motion Control Engineering, Inc. (a Kinetek Company) since 2001. Kinetek is a global leader and holds market leading positions in the elevator/escalator, commercial floor care, material handling, golf and utility vehicle and appliance/vending market segments. About Power Efficiency Corporation Power Efficiency Corporation (OTCBB: PEFF.OB) is a green energy company focused on efficiency technologies for electric motors. Power Efficiency is incorporated in Delaware and is headquartered in Las Vegas, NV. The Company has developed a patented and patent-pending technology platform, called eSave Technology, which improves the efficiency of electric motors by 15-35% in appropriate applications. Electric motors consume over 25% of the electricity in the U.S. and many operate inefficiently. eSave Technology can be licensed to motor, controls and equipment manufacturers. Power Efficiency’s first product based on eSave Technology is a Motor Efficiency Controller for applications such as escalators, crushers, granulators, mixers, saws, and MG elevators. Power Efficiency is also developing a new product based on eSave Technology for the tens of millions of small motors found in applications such as residential air conditioning, pool pumps, and clothes dryers. The company is working with manufacturers to incorporate this technology directly on new motors and appliances. Learn More

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