AEG Power Solutions Strengthens its Service Approach with New Global Service VP

ZWANENBURG, The Netherlands–(BUSINESS WIRE)– AEG Power Solutions (FWB:3W9K), a global provider of power electronic systems and solutions for industrial power supplies and renewable energy applications, announces the appointment of Paul Radcliffe as Global Service Vice-President for the Group, effective since July 1.

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Paul Radcliffe has been in the power industry since the 90s and has a highly experienced senior profile in this business, combined with an expertise in developing industrial service business with track proven records.

His mission will focus on developing and implementing a coordinated and aggressive service strategy for AEG Power Solutions worldwide to complete the Group offering and positioning on power solutions for infrastructures, industry, transportation or data & IT critical applications. He reports directly to Jeffrey Casper, CEO.

“Paul brings to our organization a wealth of experience he gained among others during his years at ABB and Areva and which combines leadership and technical expertise. I am very pleased to have him join the team”, comments Jeffrey Casper, AEG PS CEO. Service is one of the main line we are working on to develop our business. Customers are looking for premium, reactive and global service around the world. We have this expertise but need to grow it and make it easy for all types of customers: acting promptly locally but with a global vision when required. I’m looking forward to working with Paul in reinforcing and developing our service capabilities and business with an innovative approach”.

Paul Radcliffe joins AEG PS from ABB where he has served in a number of senior positions within the Power Systems Service Business Unit. He was responsible for managing a complex service business operating across voltages in a very competitive industry, offering the full portfolio of ABB T&D Services from service level agreements to projects. He served previously as Business development Manager at Senergy, one of the world’s fastest-growing energy services companies after 4 years with Vital Power where he was in charge of developing the Power Business as well as heading up the London and Rail operations. He previously was Service Manager of Areva T&D where he started building his field experience for over 12 years.

Paul Radcliffe holds a Bachelor degree in Electrical Engineering from Vaal University of Technology.

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About AEG Power Solutions

AEG Power Solutions (AEG PS) Group is a global provider of power electronics systems and solutions for all industrial and demanding commercial power requirements offering one of the most comprehensive product and service portfolios in the area of uninterruptible power supply and power management.

Thanks to its distinctive expertise bridging both AC and DC power technologies and spanning the worlds of both conventional and renewable energy, the company creates innovative solutions for next generation distributed power generation.

AEG Power Solutions Group is the sole subsidiary of the holding company 3W Power S.A. (WKN A114Z9 / ISINLU1072910919), based in Luxembourg. The Group is headquartered in Zwanenburg in the Netherlands. The shares of 3W Power are admitted to trading on Frankfurt Stock Exchange (ticker symbol: 3W9K).

For more information, visit www.aegps.com.

This communication does not constitute an offer or the solicitation of an offer to buy, sell or exchange any securities of 3W Power. This communication contains forward-looking statements which include, inter alia, statements expressing our expectations, intentions, projections, estimates, and assumptions. These forward-looking statements are based on the reasonable evaluation and opinion of the management but are subject to risks and uncertainties which are beyond the control of 3W Power and, as a general rule, difficult to predict. The management and the company cannot and do not, under any circumstances, guarantee future results or performance of 3W Power and the actual results of 3W Power may materially differ from the information expressed or implied in the forward-looking statements. As a result, investors are cautioned against relying on the forward-looking statements contained herein as a basis for their investment decisions regarding 3W Power.

3W Power undertakes no obligation to update or revise any forward-looking statement contained herein.

AEG is a registered trademark used under license from
AB Electrolux

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Contacts

Claire Pairault
Corporate Communications
AEG Power
Solutions
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+33 6 19 60 91 64
Email: claire.pairault@aegps.com
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