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SatCon Technology Corp. (SATC) Appoints Seasoned Vice President of Sales and Marketing to Deepen its Industry Footprint

SatCon Technology Corp. (Nasdaq: SATC) provides utility-scale renewable energy solutions for distributed power markets to deliver advanced, reliable and proven clean energy alternatives. To create market awareness and increased strength in the industry, the company today announced Pete DeGraff as corporate vice president of sales and marketing.

DeGraff will be responsible for creating and carrying out global market strategies for the company’s products and solutions in a rapidly growing renewable, clean energy industry. The company recently launched several products for the global market, and anticipates DeGraff will assist in the worldwide sales expansion.

DeGraff has more than 15 years of sales and marketing leadership experience for rapid-growth technology organizations, previously serving as vice president of World Wide Alliances at i2 Technologies. SatCon’s newly appointed executive successfully organized and executed a successful global channel for i2 Technologies’ products and solutions.

“With the introduction of the 100kW and 500kW PowerGate Plus inverters in Europe and Asia, along with our 1.2MW and 2.4MW PowerGate Fuel Cell inverters, demand for SatCon solutions has surged dramatically,” Steve Rhoades, president and CEO of SatCon stated. “Pete brings to SatCon years of experience in developing global sales channels, and will be instrumental in achieving our goal of becoming the worldwide leader in utility scale distributed energy solutions.”

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