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EuroSite Power Appoints New Board Member


Published on 2011-06-16 18:40:48 - Market Wire
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EuroSite Power Appoints New Board Member -- WALTHAM, Mass., June 16, 2011 /PRNewswire/ --

EuroSite Power Appoints New Board Member

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WALTHAM, Mass., June 16, 2011/PRNewswire/ --[ EuroSite Power Inc. ], an OnSite Utility, offering clean electricity, heat, hot water and cooling solutions to healthcare, multifamily housing and hotel properties in the United Kingdom and Europe, today announced the appointment of Mr. Bruno Meier to the Company's Board of Directors.  Mr. Meier is the third non-executive member to join the board this year.

Mr. Meier recently retired as Chief Executive Officer of Rolex, where he previously held the position of Chief Financial Officer.  Prior to joining Rolex, Mr. Meier was CEO of Deutsche Bank Switzerland and Global COO of Deutsche Bank Private Banking.  Mr. Meier holds other Director positions with companies in the financial and luxury industries.

"Bruno is a coup for our Company," said John N. Hatsopoulos, Chairman of the Board.  "His knowledge and reputation in the European market is unsurpassed."

About EuroSite Power

[ EuroSite Power ] provides institutional, commercial and small industrial properties with clean, reliable power, cooling, heat and hot water at lower costs than charged by local utilities – without any capital or start-up costs to the energy user.  EuroSite Power, formed to introduce the [ On-Site Utility ] solution into the European market, is a subsidiary of [ American DG Energy Inc. ] (NYSE Amex: [ ADGE ]) which is headquartered in Waltham, Massachusetts.  More information can be found at [ www.eurositepower.co.uk ].

SOURCE EuroSite Power Inc.

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