Nortek Names Kris Holla as Chief Sales Officer, Data Center Products Seasoned Executive Brings Wide-Ranging Expertise in Data Centers, Computing and Communications

PROVIDENCE, R.I., Dec. 3, 2012 /PRNewswire/ -- Nortek, Inc. (Nasdaq: NTK), a global diversified company with leading brands and innovative, technology-driven products and solutions for residential and commercial applications, today announced that Kris Holla, 53, has been appointed Chief Sales Officer, Data Center Products.  In this newly created position, Holla will be responsible for developing and expanding Nortek's presence in the mission critical data center and server markets.

"A crucial aspect of our business strategy is growing Nortek in new markets that complement our existing product lines," said Michael J. Clarke, Chief Executive Officer. "The addition of Kris Holla to our senior leadership team demonstrates our commitment to achieving this goal. Kris brings to Nortek an extensive record of sales and marketing leadership in the rapidly expanding data center market, which we believe offers significant growth potential for our business."

Holla has over 27 years of experience in a wide range of industries largely focused on data centers, computing and telecommunications.

He was formerly Chief Sales Officer at TALIS Group, a major supplier of valve technology and fittings. Prior to that, Holla was President and CEO of NxGen Modular, a specialty manufacturer of turnkey modular mission critical buildings and assemblies for the data center industry. In addition, Holla worked for ten years as Executive Vice President and CSO for a division of Emerson Electric's Network Power business, primarily focused on data center infrastructure products.

Holla holds a Bachelor of Science degree in Mechanical Engineering from National Institute of Engineering, India, and a Master of Science degree in Industrial Engineering from Oregon State University.  In addition, he has completed executive education courses at several top U.S. business schools.

About Nortek

Nortek* is a global, diversified company whose many market-leading brands deliver broad capabilities and a wide array of innovative, technology-driven products and solutions for lifestyle improvement at home and at work. The Company's broad array of offerings includes audio/video and security solutions, digital display mounting solutions, ventilation products such as range hoods and bathroom fans, heating and cooling products, and air management systems.

*As used herein, the term "Nortek" refers to Nortek, Inc., together with its subsidiaries, unless the context indicates otherwise.  This term is used for convenience only and is not intended as a precise description of any of the separate corporations, each of which manages its own affairs.

Contact:

Edward J. Cooney
Senior Vice President and Treasurer
Nortek, Inc.
401.751.1600
Ed.Cooney@nortekinc.com

SOURCE Nortek, Inc.



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