Eemax Announces New Board Member

WATERBURY, Conn., Dec. 17, 2012 /PRNewswire-iReach/ -- Mr. Silver has had a long and distinguished career in the investment business and most recently lead the federal government's $50 billion dollar investment program in alternative energy, financing a wide range of solar, wind, geothermal, biofuels, fossil and nuclear energy projects. In this role, he also worked closely with other federal agencies on multiple energy efficiency initiatives. Kevin Ruppelt, the CEO of Eemax said: "we are thrilled to have attracted someone of Jonathan's caliber to the board. His deep expertise in the energy markets and in financing and growing energy companies will be of enormous help as Eemax becomes a global player in its sector."

Mr. Silver noted that "Eemax has quickly become a significant force in the tankless heater market by introducing state-of-the art technology in this important space. It is a pleasure to be able to assist management in their future growth."

Mr. Silver is currently a Visiting Distinguished Senior Fellow at Third Way, a Washington DC-based think tank, where his work focuses on energy policy and finance, and Senior Advisor on Energy Investments for a leading private equity fund. He is also on the Advisory Board of Sol Systems, the nation's largest SRECS aggregator. Earlier, Mr. Silver was the co-founder of Core Capital Partners, a leading venture capital firm with investments in advanced manufacturing, batteries and information technology and Managing Director at Tiger Management, then one of the country's largest hedge funds. He began his career at McKinsey and Company, a global management consulting firm. 

Mr. Silver has served on, or chaired, numerous corporate and non-profit boards, including the Federal City Council (business organization), WETA (public television), and American Forests (conservation). He also served as a special advisor to the Chancellor of the DC public schools.  

 Mr. Silver is a graduate of Harvard University and did graduate work at the Institute of Political Studies in Paris and the Graduate Institute of International Studies in Geneva and has received both Fulbright and Rotary Graduate Fellowships.  

About Eemax

Established in 1988, Oxford, Connecticut-based, Eemax, Inc., has quickly emerged as the market leader in electric tankless heaters for use in commercial, industrial, and residential applications. Eemax has the most extensive line of ETWH's ranging from small hand washing units (2.4 kW) all the way up to commercial safety eye/face/drench shower units (150kW). Eemax products deliver an endless supply of hot water at a preset temperature to any point-of-use application with 99% energy efficiency. Eemax also offers an exclusive line of ASSE 1070-2004 integrated mechanical mixing valve heaters known as the AccuMix line. If high tech ETW heating is needed in the home, Eemax offers a complete line of HomeAdvantage products. Eemax products are made in the USA, are lead-free and ruggedly constructed to last for decades. The company produces green products that save water, conserve energy, and reduce costs.

Visit www.eemax.com for detailed product information.  Media Contact: Maxfield Blackledge, Marketing at: 203-586-7442, or email: [email protected].

Media Contact: Maxfield Blackledge, Eemax Inc, 2035867025, [email protected]

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SOURCE Eemax, Inc.