Joseph Kaveski, Former Johnson Controls Executive, Joins Energy Focus, Inc. as Vice President, Business Development and Global Marketing
SOLON, Ohio, April 3, 2008 /PRNewswire-FirstCall/ — Energy Focus, Inc. , the global leader in energy-efficient lighting technologies, announced today that the company has appointed Joseph Kaveski to the dual-role position of Vice President, Business Development and Global Marketing. Mr. Kaveski was the Vice President of Energy Management Services & Strategic Projects for Johnson Controls, Inc. (JCI) and a member of JCI’s Controls Group senior management team.As Vice President Business Development, Mr. Kaveski will be responsible for identifying and developing opportunities for business expansion outside the scope of normal organic growth. These responsibilities include identifying and exploring M&A opportunities as well as pursuing strategic alliances and partnerships. And as Vice President Global Marketing, Mr. Kaveski will direct Energy Focus’s marketing efforts worldwide. These include managing and expanding Energy Focus’s brands through developing relationships and alliances, utilizing the World Wide Web, intensifying tradeshows efforts and developing strategic branding and marketing materials.”Joseph Kaveski brings over a quarter century of experience in sustainability and high performance green building technologies combined with a rich understanding of the energy management business,” said John Davenport, CEO of Energy Focus, Inc. “In bringing him to our team, we are positioning Energy Focus for the next phase our worldwide development. And by combining the roles of Business Development and Global Marketing under a single point of contact, we will be able to quickly, effectively and strategically address new market and product opportunities while maintaining a coherent brand and business presence. We welcome Mr. Kaveski to the Energy Focus family and look forward to his impact on our businesses.”Joseph Kaveski has had a distinguished career in energy management. Mr. Kaveski held multiple corporate and field positions within JCI, culminating in his appointments as Vice President of Strategic Projects, Vice President of Energy Management Services, and a member of JCI’s Controls Group senior management team. In his role, he was responsible for the global marketing leadership in JCI’s energy management services business. His teams developed and implemented solutions for clients by leveraging the finance, construction, operations, maintenance, energy efficiency and environmental expertise of JCI. Mr. Kaveski was an advisor to JCI’s Environmental Roundtable, a group of high-level JCI executives that set policy and determined global action for health, safety and environmental issues for the now $35.9 billion company. He directly led or supported the company’s involvement in several notable organizations including the World Environment Center, National Association of Energy Services Companies, U.S. Green Building Council, Climate RESOLVE through the Business Roundtable and EPA Climate Leaders. Mr. Kaveski was a key leader on the Executive Council for the Energy Efficiency Forum co-sponsored by JCI and the U.S. Energy Association. In 2005, Mr. Kaveski received the JCI 2005 Chairman’s Award for Excellence for his contribution behind JCI’s sustainability initiative and high performance green building offerings.Mr. Kaveski holds a B.S. in Electrical Engineering from the University of Missouri Columbia / Kansas City Coordinated Engineering Program.About Energy Focus, Inc.Energy Focus, Inc. , designs, develops, manufactures and markets lighting systems for wide-ranging uses in both the general commercial and the pool and spa lighting markets. Energy Focus EFO(R) systems offer energy savings, heat dissipation and maintenance cost benefits over conventional lighting for multiple applications. The Company’s headquarters are located at 32000 Aurora Rd., Solon, Ohio. The Company has additional offices in California, the United Kingdom, and Germany. Telephone: (440) 715-1300. For more information, see .Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding the business outlook for 2008 and thereafter, future pool market sales, and the potential growth of EFO sales based upon its energy savings over halogen and fluorescent lights. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Actual results may differ materially from the results predicted. Risk factors that could affect the Company’s future include, but are not limited to, a slowing of the U.S. and world economies and its effect on Energy Focus’ markets, failure to develop marketable products from new technologies, failure of EFO or other new products to meet performance expectations, unanticipated costs of integrating acquisitions into the Energy Focus operation, delays in manufacturing of products, increased competition, other adverse sales and distribution factors, and greater than anticipated costs and/or warranty expenses. For more information about potential factors which could affect Energy Focus financial results, please refer to the Company’s SEC reports, including its Annual Report on Form 10-K for the year ended December 31, 2006, and its quarterly reports on Form 10-Q. These forward-looking statements speak only as of the date hereof. Energy Focus disclaims any intention or obligation to update or revise any forward-looking statements. Energy Focus, Inc.
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