Ideal Power Names Jeffrey Knapp Vice President of Business Development
February 23 2021 - 8:30AM
Ideal Power Inc. (Nasdaq: IPWR), pioneering the development
and commercialization of highly efficient and broadly patented
B-TRAN™ bi-directional power switches, named Jeffrey S. Knapp Vice
President of Business Development. Mr. Knapp is a semiconductor
industry executive with 20 years of diverse experience in
engineering, design, sales, marketing, and business development of
semiconductor devices and products.
“We are thrilled to welcome Jeff, who possesses
impressive experience in power semiconductor sales and business
development, to the key role of business development leader. In
concert with our engineering team, Jeff will lead our effort to
cultivate customer and partner relationships in the electric
vehicle (EV), EV charging, renewable energy, uninterruptible power
supply, solid state circuit breaker and other industrial and
utility markets, communicating the benefits and unique advantages
that B-TRAN™ offers over conventional power semiconductor
technologies. This is a very exciting step forward for Ideal Power
as we prepare for our upcoming engineering sampling program and
subsequent commercialization of B-TRAN™ devices, and Jeff is
supremely well-suited to this role,” stated Dan Brdar, CEO of Ideal
Power.
Mr. Knapp joins Ideal Power from Crystal IS, a
wholly owned subsidiary of Asahi Kasei Corporation, where he was
Director of Sales. He previously held management positions with
United Silicon Carbide, Fuji Electric, Hitachi, and Infineon where
he directed the development and execution of the go-to-market plans
for the sale of power semiconductors. In these roles, he opened new
markets and consistently delivered growth in MOSFET, IGBT, diode,
and IPM (Intelligent Power Module) product sales, deployed in both
silicon and silicon carbide technologies. Jeff spearheaded design
wins and sales growth in electric vehicles (including inverter and
on-board charger), charging stations, renewable energy (including
solar, wind, and energy storage), and other applications being
targeted by Ideal Power.
Mr. Knapp stated, “I am very excited to join the
Ideal Power team and look forward to making the company’s vision of
B-TRAN™ disruptive power semiconductor technology a commercial
reality. My experience and relationships with customers in the EV,
EV charging, renewables and other industrial markets are a great
match for the company’s target markets.”
Jeff earned a BS in Electrical Engineering from
the New Jersey Institute of Technology and an MBA from the
University of Colorado.
About Ideal Power Inc.Ideal
Power (NASDAQ: IPWR) is pioneering the development of its broadly
patented bi-directional power switches, creating highly efficient
and ecofriendly energy control solutions for electric vehicle,
electric vehicle charging, renewable energy, energy storage, UPS /
data center and other industrial and military applications. The
Company is focused on its patented Bi-directional, Bi-polar
Junction Transistor (B-TRAN™) semiconductor technology. B-TRAN™ is
a unique double-sided bi-directional AC switch able to deliver
substantial performance improvements over today's conventional
power semiconductors. Ideal Power believes B-TRAN™ modules will
reduce conduction and switching losses, complexity of thermal
management and operating cost in medium voltage AC power switching
and control circuitry. For more information, visit
www.IdealPower.com.
Ideal Power Investor Relations
Contact: LHA Investor RelationsCarolyn Capaccio, CFA;
Keith FetterT: 212-838-3777IdealPowerIR@lhai.com
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