MGE Americas names Ray Prince as president

COSTA MESA, Calif., April 1, 2003 — MGE UPS Systems, a provider in high-availability power solutions to the industrial, telecom and IT markets, announced that Ray Prince has been named president of its Americas operations, MGE UPS Systems, Inc.

Prince has been with the company since 1991 and has over 23 years of sales and management experience in the power quality, protection, and conversion marketplace.

“Ray has played a critical role in MGE’s rapid growth and I look forward to his stewardship as MGE continues to grow and innovate,” stated MGE UPS Systems’ Chief Executive Officer, Claude Graff. “Ray has proven himself as a visionary leader and brings over two decades of experience to the position including keen insights to the market, customers, and the competition. In a world of change, Ray brings a high level of continuity to this leadership position, and together with his management team, will take MGE to the next level of growth, revenues and profitability.”

Prince started his career in 1980 with various positions in electrical engineering and sales. Since then, he has held strategic sales and management positions for prominent companies such as Teledyne Inet, Westinghouse, Square D and EPE Technologies. Since 1997, Prince has served as vice president of sales and marketing for MGE UPS Systems Inc. rapidly increasing the company’s sales success with Fortune 500 companies.

Commenting on his new position, Prince stated, “I’m very excited to take on this new leadership role at MGE. I look forward to taking the great employees of MGE Americas on a journey toward a best-in-class Power Quality manufacturer with a focus on customer service, total quality, and enhanced market penetration.

About MGE:

MGE UPS SYSTEMS is a provider of power solutions that increase power availability and system uptime to PCs and enterprise-wide networks, mission -critical telecommunication systems, and industrial/manufacturing processes.

MGE’s comprehensive product offering includes Uninterruptible Power Supplies (UPSs), inverters, rectifiers, power management software, active harmonic conditioners, and surge suppressors that provide MGE’s customers with end-to-end infrastructure solutions. With its Total Quality Management and MGE PowerServicesà¢â€ž- programs, supported by a network of 900 service specialists in 170 centers worldwide, MGE’s customers are assured of the highest-level of quality and service throughout the complete life-cycle of their installations.

With U.S. headquarters in Costa Mesa, Calif. and world headquarters located in Grenoble, France, MGE is able to deliver the latest in innovative solutions around-the-globe. To learn more about MGE’s power protection, conversion and distribution solutions, visit MGE’s Web site at: www.mgeups.com.

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