This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

OMNIMETRIX, LLC Announces C-Level Appointments Keyed To Growth





BUFORD, Ga., Jan. 15, 2013 /PRNewswire/ -- OMNIMETRIX, LLC an Acorn Energy, Inc. (NASDAQ: ACFN) company, today announced the appointment of three executives that will be crucial in the scaling of OMNIMETRIX under their new business model focusing on connections and recurring revenue. Harold Jarrett, founder of OMNIMETRIX and former VP of Engineering, has been named Chief Technology Officer, Andy Briggs has been named Chief Sales & Marketing Officer and Chris Gropp has been named Chief Information Officer.

(Logo: http://photos.prnewswire.com/prnh/20120504/NY96231LOGO )(Logo: http://photos.prnewswire.com/prnh/20120426/NY96114LOGO )

Harold Jarrett began development of wireless remote data systems in 1996 and then formed OMNIMETRIX in 1998 to market those concepts. He has spent over a decade immersed in design and development of remote monitoring systems for power generation systems and has worked closely with every major generator brand to push the envelope of remote monitoring capabilities. Mr. Jarrett personally oversees the ongoing development of the OMNIMETRIX product line, finding innovative ways to meet customers' needs in an ever-changing industry.  He also serves on OMNIMETRIX's Board of Managers.

Andy Briggs, previously the owner, founder and President of Pro Power Solutions, grew that start-up company into one of the top Generac Industrial Dealers in North America before selling it in 2010. With 26 years in the power systems industry, Briggs brings to the company extensive expertise in sales and marketing, sales and leadership training, as well as distributor/dealer management.  He most recently consulted for OMNIMETRIX and serves on its Board of Managers.

Chris Gropp joins OMNIMETRIX as its CIO. He was previously a Senior Vice-President of Y-Prime, a clinical software development company. Chris conceived, created and implemented several clinical software platforms that quickly grew to be the premier platforms at multiple pharmaceutical companies. With over twenty years of IT experience, Chris is a recognized innovator with the skills and leadership to execute on IT driven initiatives. Chris has successfully achieved business growth in both start-up and fortune 100 companies. 

"I am excited with the level of experience and accomplishment that Andy Briggs and Chris Gropp will bring to the OMNIMETRIX team.  They will be responsible for driving sales/marketing & information technology, two key components of our business to success.  In addition, these appointments will allow Harold Jarrett to focus on engineering and ensuring that our customers' needs are met by the performance of our technology in the field," said Deena Redding, President & CEO of OMNIMETRIX.

About OMNIMETRIX, LLC.

OMNIMETRIX, LLC, the world leader in remote on-site power generation monitoring provides expert capabilities in the design and development of wireless field devices and internet-connected data management systems.  These capabilities include on-machine field equipment, fully redundant SQL-based data management, and web-delivered equipment status pages.  In addition, its pipeline corrosion protection line is led by the Computer Automated Test Station which works hand-in-hand with the OMNIMETRIX Pipe-to- Soil Monitor and Rectifier Monitor creating a comprehensive and technologically advanced wireless corrosion protection monitoring system. For more information visit: http://www.omnimetrix.net .

About Acorn Energy, Inc.

Acorn Energy, Inc. is a holding company focused on making energy better by providing digital solutions for energy infrastructure asset management.  Acorn Energy's four portfolio companies help their customers achieve greater productivity, reliability, security, and efficiency—all of which lead to greater profitability.  GridSense—provides monitoring for all critical points along the electricity delivery system. OMNIMETRIX—provides reliable remote monitoring of emergency back-up power generation systems. US Seismic—provides fiber optic sensing solutions to increase oil/gas production and lower costs. DSIT—provides security solutions from underwater threats to marine based energy assets.  For more information visit:  http://www.acornenergy.com.

Safe Harbor Statement

This press release includes forward-looking statements, which are subject to risks and uncertainties. There is no assurance that Acorn Energy, Inc. or  its operating companies (including OMNIMETRIX) will continue to grow their respective businesses, or that any of them will meet the expectations or execute the initiatives described or referred to above. A complete discussion of the risks and uncertainties which may affect Acorn Energy's business generally and the businesses of its subsidiaries is included in "Risk Factors" in the Company's most recent Annual Report on Form 10-K and its most recent 10-Q as filed by the Company with the Securities and Exchange Commission.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,113.54 +61.81 0.36%
S&P 500 1,983.53 +9.90 0.50%
NASDAQ 4,456.0160 +31.3120 0.71%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs