Lineage Power Names Greg Fasullo Vice President and General Manager of Energy Systems

Lineage Power Corporation, a Gores Group affiliate and a trusted provider of energy-efficient AC/DC and DC/DC switching technologies, announced today that Greg Fasullo has been named vice president and general manager of the Energy Systems business unit. Fasullo will be based at the company’s Dallas headquarters and will be responsible for leading product strategy and growth opportunities for the Energy Systems business.

“Fasullo has an extensive history in the power industry with impressive success and worked with many of our current engineers when Lineage Power was part of Lucent Technologies,” stated Roger Stonecipher, CEO at Lineage Power. “We are excited to welcome Fasullo back to the team and as we continue to grow the Energy Systems business, his proven track record in the communications OEM and service provider markets, and commitment to meeting customer needs with reliable, high-performance power products will be a valuable asset.”

Prior to joining Lineage Power, Fasullo served as chief marketing officer for Eltek Valere and was previously co-founder and vice president of worldwide sales and marketing at Valere Power. During this time, Fasullo built and led the telecom channel sales team which led to significant company growth. Also at Valere Power, he served as the chief technical officer charged with defining the company’s product and technology strategy. Before Valere Power, Fasullo was a distinguished member of the technical staff at AT&T Bell Laboratories and Lucent Technologies with roles in engineering and system architecture where he designed some of the most profitable and technologically advanced products in the industry.

Fasullo holds 11 U.S. patents and earned a bachelor’s degree in electrical engineering from Lehigh University. He also has a master’s degree in electrical engineering from the University of California at Berkeley and an Executive MBA from Southern Methodist University.

About Lineage Power Corporation

Lineage Power Corporation, a Gores Group company, has an 80+ year history as the industry’s most trusted provider of reliable and innovative power conversion solutions. The company’s solutions include reliable, energy-efficient AC/DC and DC/DC switching technologies, backed by global, world-class field expertise, service and support. Lineage Power provides blue chip customers from a variety of industries with optimal solutions to meet their needs and create marketplace advantages. A global company with 40 locations in 10 countries, Lineage Power is based in Dallas with more than 1,600 employees. For more information on Lineage Power, visit www.lineagepower.com.

About The Gores Group, LLC

Founded in 1987, The Gores Group, LLC is a private equity firm focused on acquiring controlling interests in mature and growing businesses which can benefit from the firm’s operating experience and flexible capital base. The firm combines the operational expertise and detailed due diligence capabilities of a strategic buyer with the seasoned M&A team of a traditional financial buyer. The Gores Group, LLC has become a leading investor having demonstrated over time a reliable track record of creating substantial value in its portfolio companies alongside management. The firm’s current private equity fund has committed equity capital of $1.7 billion. Headquartered in Los Angeles, Calif., The Gores Group, LLC maintains offices in Boulder, Colo. and London. For more information, please visit www.gores.com.