QualityStocks.net News – SatCon Technology Corp. (SATC) Appoints Seasoned Vice President of Sales and Marketing to Deepen its Industry Footprint

We would like to highlight SatCon Technology Corp. (NASDAQ: SATC). The company designs and manufactures enabling technologies and products for electrical power conversion and control primarily in the United States and internationally. It manufactures and sells inverters for alternative energy, including underwriter laboratory compliance testing along with a line of power control systems, amplifiers, and power converters; brush and brushless DC motors for the industrial automation market; and a line of positioning motors, including machining centers, lathes, and milling machines for use with machine tools, such as computer numerical controlled machines.

In the company’s news yesterday,

SatCon Technology Corp. announced Pete DeGraff as corporate vice president of sales and marketing. DeGraff will be responsible for creating and carrying out global market strategies for the company’s products and solutions in a rapidly growing renewable, clean energy industry. The company recently launched several products for the global market, and anticipates DeGraff will assist in the worldwide sales expansion.

DeGraff has more than 15 years of sales and marketing leadership experience for rapid-growth technology organizations, previously serving as vice president of World Wide Alliances at i2 Technologies. SatCon’s newly appointed executive successfully organized and executed a successful global channel for i2 Technologies’ products and solutions.

“With the introduction of the 100kW and 500kW PowerGate Plus inverters in Europe and Asia, along with our 1.2MW and 2.4MW PowerGate Fuel Cell inverters, demand for SatCon solutions has surged dramatically,” Steve Rhoades, president and CEO of SatCon stated. “Pete brings to SatCon years of experience in developing global sales channels, and will be instrumental in achieving our goal of becoming the worldwide leader in utility scale distributed energy solutions.”

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