New board member for energy saving company

While Power Efficiency's new board member was Executive Vice President of Sales and Marketing for Sanmina-SCI Corporation the company's annual sales jumped from US $60 million US $10 billion.

Power Efficiency Corporation, a developer and manufacturer of advanced energy savings technologies for electric motors, has has appointed Eric Naroian, former Executive Vice President of Sales and Marketing for Sanmina-SCI Corporation, to its Board of Directors.

"Eric brings a wealth of sales and marketing expertise to the Power Efficiency Board", said Steve Strasser, Power Efficiency's Chairman and Chief Executive Officer.

"His experience with Sanmina, a leading electronics manufacturing service provider, gives Eric great insight into our sales and marketing efforts and will help accelerate our growth", said Strasser.

"We are delighted he is joining our board".

Naroian retired from Sanmina in 2004 as the Executive Vice President of Sales and Marketing.

Sanmina had approximately US $60 million in annual sales when he joined the company in 1993.

When he retired in 2004, revenue had grown to over US $10 billion and he managed a sales organisation of over 400 people.

From 1997 to 2000, Naroian left Sanmina and served as Senior Vice President for Dynamic Details, a fast growing provider of time-critical electronic manufacturing services.

During his tenure at Dynamic Details, Naroian grew sales rapidly and helped the company have a successful initial public offering.

"I am excited to join the board of Power Efficiency Corporation", said Naroian.

"The company has an outstanding energy technology with a very large market potential, especially in today's world of rising energy prices and pressures to reduce harmful emissions from the production of electricity".

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