Edgar S. Woolard, Jr. to Join Acorn Energy as Director
October 31, 2014 at 01:14 pm EDT
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Acorn Energy, Inc. announced that Edgar S. Woolard, Jr. has accepted the Board's invitation to serve as a Director. Mr. Woolard will fill the vacancy created by the recent resignation of Andy Sassine. Mr. Woolard served as chairman and chief executive officer of DuPont from 1989 to 1995 and as chairman until 1997.
Acorn Energy, Inc. is a holding company. The Company is focused on providing technology solutions for energy infrastructure asset management. The Company provides products and Internet of Things (IoT) applications and services through its OmniMetrix, LLC (OmniMetrix) subsidiary: Power Generation (PG) and Cathodic Protection (CP). The Power Generation segment services provide wireless remote monitoring and control systems and IoT applications for residential and commercial/industrial power generation equipment. The PG segment includes its AIRGuard product, which remotely monitors and controls industrial air compressors, and its Smart Annunciator product. The Cathodic Protection segment provides remote monitoring and control products for cathodic protection systems on oil and gas pipelines serving the gas utilities market and pipeline operators. The Companyâs Cathodic Protection product lineup includes solutions to remotely monitor and control rectifiers, test stations and bonds.