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Innovolt® Adds Depth And Expands Executive Team

Intelligent Electronics Management Technology Company Announces Peter Janico and Jim Ulam

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ATLANTA, Aug. 22, 2012 /PRNewswire/ -- Innovolt® Inc. (Innovolt), the industry leading provider of intelligent electronics management technology, announces two additions to its executive team including Peter Janico, senior vice president of sales and marketing and Jim Ulam, senior vice president, general counsel and secretary.

Janico, charged with leading Innovolt's sales and marketing teams, has more than 20 years of experience successfully leading and increasing company's sales organizations, including leadership roles at Xerox and Oracle. Most recently, Janico was the Executive Vice President of global sales and sales operations at Bomgar, where he grew revenue by 10 times during a five year period. During his time at Bomgar, Janico multiplied the organization's customer base by more than five times, which led to the company being recognized as one of the fastest growing software companies on the INC 500 list.

Ulam joined Innovolt after more than 16 years of serving as General Counsel for leading technology companies. Prior to Innovolt, he served as Vice President, General Counsel and Secretary for SecureWorks, an information security provider. During Ulam's time at SecureWorks, the company experienced explosive growth and was acquired by Dell Inc. in February 2011. His previous experience also includes VeriSign, Inc., where Ulam was the Senior Vice President, General Counsel and Secretary and started the company's legal department. During his time at VeriSign he built a strong team of lawyers that handled more than 50 acquisitions. Ulam also served as the Vice President, Deputy General Counsel for Network Solutions.

"As we expand globally and evolve our technology, we continue to focus on developing a talented leadership team. Peter and Jim exemplify the knowledge-base we are looking for to continue to grow the company," states Jeff Spence, COO and President of Innovolt. "Ultimately, Innovolt's technology saves companies and end-users money by allowing them to reduce the cost associated with owning, operating and servicing electronics. The executive team is charged with guiding the company's evolution and further developing our product offering to maximize the benefits for our customer base. Peter and Jim are both capable and necessary additions to the team."

Since 2009, Innovolt has successfully provided proven electronics management technology for hundreds of millions of dollars of installed systems, mainly in the commercial and industrial markets. Innovolt works with top Fortune Global 500 companies, including: Ricoh US, Ricoh Canada, Toshiba, and Konica Minolta to increase the reliability of their equipment and to optimize service to their end users. The company's proprietary and patented electronics management technology is cost-effective, highly scalable, integratable, and proven to significantly increase product reliability and lifespan. Where deployed, companies have experienced a discernible decrease in service calls on protected equipment.

"Innovolt's intelligent electronics management technology offering effectively guards electronics from the damaging effects of the power grid in ways that haven't been done before," explains Spence. "While we've effectively proved our technology, distribution, service and economic models, we are now moving forward into a wide variety of industries and want to ensure we have a strong team of knowledgeable executives in place to lead us through this strategic growth phase." 

For more information on Innovolt, visit www.innovolt.com.

About Innovolt
Atlanta-based Innovolt is the industry leading provider of intelligent electronics management technology, powering businesses through the creation of high-performance business environments. The Innovolt Technology Platform, a combination of appliance based hardware and Business Intelligence Software, significantly reduces the cost of electronics ownership by protecting, managing and analyzing vital electronics environments. Innovolt's proven technology guards against 99.5% of power disturbances and enables businesses to have more sustainable and better performing electronic equipment with fewer service interruptions.  For more information, visit www.innovolt.com.

SOURCE Innovolt Inc.



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http://www.innovolt.com

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