HOUSTON, Feb. 26, 2013 (GLOBE NEWSWIRE) -- American Electric Technologies, Inc. (Nasdaq:AETI), a leading supplier of power delivery solutions for the global energy industry, announced today that Troy Coker has joined its flagship M&I Electric business unit as director of sales for the company's upstream oil and gas markets. This newly created role is focused on meeting the strong demand AETI and the company's international joint venture operations in China, Brazil and South East Asia are experiencing for their power delivery solutions for the offshore production market. Coker reports to James Steffek, president of M&I Electric.
"Troy brings significant power delivery experience to our team," said Steffek. "We believe his in-depth understanding of the market will benefit our clients, particularly those developing onshore and offshore production assets and upstream projects around the world."
Coker (43) joins AETI with more than 15 years of experience in electrical industry marketing and sales, including selling switchgear, motor control, power distribution centers, power management systems, transformers, and high voltage substations. Most recently, he served as sales manager at ABB and sold large turnkey electrical solutions and power management systems to upstream oil and gas and petrochemical clients. Prior to his tenure at ABB, Coker was employed by Powell Industries where he held the role of sales manager and managed key customer relationships to support the GE energy sales and marketing team.Coker has a Bachelor of Science degree in engineering technology from the University of Houston. American Electric Technologies, Inc. (Nasdaq:AETI) is a leading provider of power delivery solutions to the global energy industry. AETI offers M&I Electric ™ power distribution and control products, electrical services, and E&I Construction services, as well as American Access Technologies zone enclosures, and Omega Metals custom fabrication services. South Coast Electric Systems L.L.C., a subsidiary, services Gulf Coast marine and vessel customers. AETI is headquartered in Houston and has global sales, support and manufacturing operations in Beaumont, Texas, Keystone Heights, Florida and Bay St. Louis, Mississippi. In addition, AETI has minority interests in three joint ventures in Xian, China, Singapore and Macae, Brazil. AETI's SEC filings, news and product/service information are available at www.aeti.com . Forward Looking Statements This press release contains forward-looking statements, as defined in Section 27A of the Securities Exchange Act of 1934, concerning anticipated future demand for our products, international expansion, and other future plans and objectives. While the Company believes that such forward-looking statements are based on reasonable assumptions, there can be no assurance that such future revenues, profits, plans and objectives will be achieved on the schedule or in the amounts indicated. Investors are cautioned that these forward-looking statements are not guarantees of future performance. Actual events or results may differ from the Company's expectations, and are subject to various risks and uncertainties, including those listed in Item 1A of the Form 10-K filed with the Securities and Exchange Commission on March 30, 2012. The Company assumes no obligation to publicly update or revise its forward-looking statements even if experience or future events make it clear that any of the projected results expressed or implied herein will not be realized.
CONTACT: Media Contacts: Ward Creative Communications for American Electric Technologies, Inc. Molly LeCronier 713-869-0707 firstname.lastname@example.org Investor Contacts: American Electric Technologies, Inc. Andy Puhala 713-644-8182 email@example.com
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