WESTWOOD, Mass., Dec. 9, 2009 (GLOBE NEWSWIRE) -- Acumentrics Corporation, an industry leader in Rugged Uninterruptible Power Supplies for mission critical military and industrial applications and a developer of solid oxide fuel cells, today announced that Gary D. Simon will retire from the company, and that its board of directors has appointed Adam P. Briggs as its new President and CEO, both effective January 1, 2010.
"The Acumentrics Board of Directors accepts Gary's decision to retire with understanding and enormous gratitude for the value of his leadership and vision," commented James Rosenfield, chairman of the board of directors. "During Gary's five and a half years leading Acumentrics, the company has achieved profitability and made significant strides and innovation in its Rugged-UPS(TM) and fuel cell product development. On behalf of the board, I would like to recognize and thank Gary for these and so many other accomplishments."
"I would like to thank our customers, employees, investors and Board of Directors for helping Acumentrics to become a successful enterprise," Mr. Simon noted. "I have enjoyed the opportunity to lead this company since 2004, overseeing a 2006 reorganization and laying a foundation for future growth. I am confident that Adam's strengths leading the development and launch of the company's new power products will drive further success for our fuel cell and Rugged-UPS(TM) products."
Mr. Briggs, 48, has served the company in the role of President and COO since June of this year. He has over twenty-five years of global power sources experience, with a track record of developing and marketing new products. Before joining Acumentrics, he was president of Millennium Cell Inc., a hydrogen storage and fuel cell technology company. Prior to that he was with Duracell Inc. for 17 years, where he held roles of increasing responsibility in the technical, sales, marketing and program management functions, culminating in the position of vice president of Duracell's global OEM sales and consulting group. He holds a bachelor's degree in physics from Bowdoin College.
"It's an honor to follow Gary as the CEO of Acumentrics, a company with recognized product leadership, a pipeline of new products and terrific people behind it," commented Mr. Briggs. "I look forward to leading the Acumentrics team as we enter a new chapter focused on growing and capitalizing on the opportunities for our fuel cell and Rugged-UPS(TM) products."
About Acumentrics
Acumentrics is an ISO 9001 certified company and a leader in rugged AC and DC uninterruptible power supplies (UPS) for military and industrial power conditioning, backup, and other mission critical applications. The company's Rugged-UPS(TM) products are trusted in punishing environments, with over 60,000 units deployed in military and industrial situations. Acumentrics also builds solid oxide fuel cells with a durable, fuel-flexible, tubular ceramics-based technology. For more information on Acumentrics, please visit www.acumentrics.com.