Amtech Brings New President On Board To Develop North American Market

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May 24, 2011 (Atlanta, GA) … Amtech Drives announces the appointment of Charles F. Geraldi as the North American division's new president. Mr. Geraldi is a 27-year veteran of the high tech automation industry and holds a BEEE from Stevens Institute of Technology along with a MBA from Iona College.

Geraldi's executive management experience includes a variety of blue chip technology companies in marketing and product development positions. He is also an adjunct professor for his alma mater where he teaches engineering students Mechatronics as well as advanced motion control methods.

Geraldi has served on the board of directors of Motion Science, Inc. and is also an active member of the IEEE, having served on the committees for Industrial Drives as well as Robotics and Factory Automation and was past President of the American Institute of Motion Engineers (AIME).

“We are delighted to have Charles running our North American operations,” stated former company president and now CEO Dan Patel. “Charles brings a depth of experience to our company that covers virtually every level of operation within our current and potential customer base,” added Patel. “Not only is his industry vision and management expertise of the highest order, his marketing savvy is such that he will be tremendous asset to Amtech as it expands its impact in the western hemisphere Drive Market.”

About Amtech Drives, Inc.

Amtech Drives, Inc. is a worldwide leader in power and torque modulation, automation, power quality and industrial electronics products. The research and development program in AC Variable Frequency Drives (VFD) and Soft Starter equipment has positioned Amtech as a solutions leader to the energy, oil & gas, steel, pulp & paper, chemical, assembly, hvac, packaging, pharmaceutical, refrigeration, aggregate, and food & beverage industries. A strategy of drive system precision and energy efficiency constantly enhances customer return on investment, making Amtech equipment a high value addition to any operation.

Ecologically responsible production methods like the use of dioxin free plastics satisfies the industry-wide desire for envrionmentally clean applications. The Amtech Group launched their U.S. operation in 2001 and maintains their North American headquarters for sales, service and training outside of Atlanta, Georgia.

Contact:

Dan Patel, CEO

Amtech Drives, Inc.

3852 Oakcliff Industrial Court,

Doraville, GA 30340

Phone: 770-469-5240

[email protected]

This will require significant international cooperation, in particular to unlock access to financing, to harmonize and enable policy and regulatory frameworks, to support research and development, and to foster stable supply chains, including for nuclear fuel. Achieving these goals will depend on the further training of a skilled workforce and continued public engagement through transparent, inclusive and responsible democratic decision-making processes.

During the Roadmaps to New Nuclear conference, nine industry nuclear bodies also came together to sign a joint communiqué setting out their readiness to work together with policymakers to rebuild leadership in nuclear energy across the world. They committed to deepening their existing co-operation to meet climate and energy security goals.