Innovative Energy Entrepreneur Jeremy Gutierrez Appointed to PowerOne's Board of Advisers

CHICAGO, Oct. 17, 2013 /PRNewswire/ -- PowerOne Corporation of Chicago appointed Jeremy Gutierrez, founder of ienergy North America, to its Board of Advisers. The addition of Mr. Gutierrez to the PowerOne team represents an important step in the company's path to becoming a leading retail electricity provider.

"PowerOne will continue to attract top players in the deregulated energy industry in order to better position itself," stated George Wahbeh, CEO and president of PowerOne. "We look forward to Jeremy's insight and guidance, and feel that leveraging his expertise and connections in the industry will increase PowerOne's market share."

Mr. Gutierrez began his energy career in the highly competitive ERCOT market as a young energy adviser through strategic alliances with retail electric providers such as Stream Energy, First Choice Power and GDF Suez Energy Resources. His early successes paved the way to the formation of a number of competitive energy businesses including brokerage firm ienergy North America, as well as a revolutionary self-service online platform where small business owners can shop and contract for the best energy plan among a number of competing suppliers.

"When PowerOne management approached me about the Board position, I knew it would be a good fit," stated Mr. Gutierrez. "Our companies enjoy a mutually beneficial business relationship. Lending my expertise to PowerOne was an obvious extension of this association."

About PowerOne
PowerOne Corporation provides its customers with discounted electricity, both through its network of competitive suppliers and the company's own retail electricity supply offerings. Headquartered in Chicago, the company is positioned to grow with the competitive energy market and gain share through better pricing, superior service and effective marketing strategies. Please visit www.power1co.com for more information.

About ienergy North America
ienergy North America guides commercial, industrial, governmental, and institutional entities in developing and implementing long term energy strategies across the United States.  Leveraging over 30 years of experience, ienergy offers unmatched market intelligence and depth of experience in providing comprehensive energy price risk management services.  Our firm is not affiliated with any supplier or financial entity; we function solely as ones advocate in the market.  Working in teams, we offer best-in-class talent for each discipline required to serve our clients needs which allows us to discover the energy options available to you, the impact those options will have on an organization, and associated cost.  Please visit www.ienergyna.com for more information.

SOURCE PowerOne Corporation