Power Efficiency Corporation ;(OTC Bulletin Board: PEFF), a leading U.S. manufacturer of energy-saving ;controllers using a patented technology for alternating current induction ;motors, today announced it has named Gary Rado, former President of Casio, ;Inc., to its Board of Directors. "Gary brings a unique perspective to the Power Efficiency Board," said ;PEC's Chief Executive Officer and President Steve Strasser. "His strategic ;and marketing experience will be extremely helpful in moving our company to ;the next stage of growth," said Strasser. "We're very pleased he is joining ;us at this time." Gary Rado was appointed President of Casio, Inc. in 2000 and was ;responsible for all Consumer Products business including full P&L and all ;company functions of this U.S. subsidiary of Casio Computer Co., Ltd., Tokyo. He joined Casio in 1996 as Executive Vice President and was responsible ;for building the handheld PC and digital camera business. He was instrumental ;in developing and nurturing a partnership with Microsoft in developing the ;handheld business; Rado also developed partnerships with IBM and Adobe for the ;digital camera business where he built the business revenue to $50M in less ;than two years. Prior to joining Casio, Rado was Senior Vice President and Division ;Manager of the $500M Personal Productivity division of Texas Instruments, and ;had primary responsibility for general management, worldwide marketing and ;sales, strategy, and market development. "I am very pleased to be able to join the board of Power Efficiency ;Corporation at this time. PEC has an exciting product range that is well ;suited to help solve some of the energy efficiency issues that countries ;worldwide are facing today. I look forward to contributing to the growth of ;this dynamic company," said Rado. ; About Power Efficiency Corporation Power Efficiency Corporation designs and manufactures controllers that ;reduce the amount of energy used by electric motors. The Company's core ;technology, which is based on patented improvements to NASA technology, is ;effective on motors that run at constant speeds and under variable loads. ;These motors are found in escalators, elevators, grinders, granulators, ;mixers, saw mills and many other applications. The savings from these ;controllers are typically 15-35%, but can be as high as 45%. The controllers ;also reduce the operating heat of the motor, which provides significant motor ;life extension and downtime reduction benefits. The controllers are UL ;compliant and CE and CSA certified. The Company also has a prototype unit ;applicable to single phase electronic motors that are found in applications ;such as clothes dryers, refrigerators, vending machines, mixers and coffee ;grinders. For more information visit http://www.powerefficiencycorp.com or contact ;B.J. Lackland at 702-697-0377. ; As a cautionary note to investors, certain matters discussed in this press ;release may be forward-looking statements within the meaning of the Private ;Securities Litigation Reform Act of 1995. Such matters involve risks and ;uncertainties that may cause actual results to differ materially, including ;the following: changes in economic conditions; general competitive factors; ;acceptance of the Company's product in the market; the Company's success in ;technology and product development; the Company's ability to execute its ;business model and strategic plans; and all the risks described from time to ;time in the Company's SEC filings. Power Efficiency assumes no obligation to ;update the information in this release. ; ; ;

Source: PR Newswire