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“We are excited to have an industry veteran like Mark on board,” said Dr. Ake Almgren. “We believe his track record and deep knowledge of UPS products and mission critical markets will greatly benefit our business.”
“Active Power has a highly differentiated product offering with a convincing value proposition, a strong base of global customers, and a solid operating platform from which to grow the business,” said Mr. Ascolese. “I’m excited about what the future holds particularly for the new CSHD UPS as I believe it will position Active Power as an even stronger participant in the market than it is today.”
