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Brad Garner Promoted to President & CEO of Calnetix

Brad Garner Promoted to President & CEO of Calnetix

CERRITOS, Calif., Feb. 4 /PRNewswire/ -- Calnetix Inc., a global leader in high efficiency electric motors and generators, today announced the promotion of Brad Garner to President & CEO.

Mr. Garner was hired as Chief Operating Officer (COO) of Calnetix in March of 2007. Since then, Mr. Garner has made a substantial contribution to the business and, as anticipated at the time of his hire, was promoted by the Board of Directors to the President & CEO role. Concurrent with this promotion Mr. Garner was also appointed a position on the Board as Director of Calnetix.

Vatche Artinian, the co-founder of Calnetix and former CEO, who will remain Chairman of the Board of Directors, said: "I am very pleased to have Brad step into this new position as he has been a wonderful asset to the team since day one. This move builds value in Calnetix and will allow me to focus my efforts on the growth of Calnetix's affiliated companies such as Vycon, Direct Drive Systems, and TurboGenix."

As President & CEO, Mr. Garner will manage the overall performance of the company, including leading its achievement of long term growth goals, enhancing and continuing to build an effective management team, and establishing and maintaining business relationships with key industry partners.

"I am honored to receive this professional recognition and have the opportunity to lead such a talented team of people," said Garner. "In order to continue executing the company's strategy, I have three simple objectives, and they will be my top priorities as President & CEO. We will leverage our core skills and proprietary technologies to produce new product lines that provide a strong value proposition for our customers; we will develop the necessary service and support infrastructure to launch these new product lines in expanding domestic and global markets; and we will attract, retain and develop talented employees who can contribute to our long-term growth strategy."

Prior to joining the Calnetix team, Mr. Garner was Vice President and Chief Operating Officer of IMPCO Technologies, a global leader in alternative fuel technologies, where he led the company's significant top and bottom line growth in the global industrial market.

About Calnetix

Calnetix, a privately held high tech company based in California, USA, is the industry leader in high efficiency motors, generators, magnetic bearings, and integrated magnetic drive systems. The company's products are utilized in distributed power generation, power conditioning, gas processing, semiconductor manufacturing, medical equipment and other industries worldwide.

For more information, go to http://www.calnetix.com/.

Calnetix Inc.

CONTACT: Wendy Orman Holt of Calnetix Inc., +1-562-293-1670,
[email protected]

Web site: http://www.calnetix.com/

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