Titan Energy Systems Inc. Signs Distributor Agreement with Generac Power Systems

FORT LEE, N.J. – Titan Energy Systems Inc., a subsidiary of Pioneer Power Solutions, Inc. (Nasdaq: PPSI), a company engaged in the manufacture, sale and service of electrical transmission, distribution and on-site power generation equipment, recently signed an agreement with Generac Power Systems to exclusively represent Generac Industrial Power throughout Minnesota, Nebraska and Iowa. Titan Energy Systems Inc. is now one of only 30 such distributors throughout North America.

“We are very pleased by Generac’s show of support in renewing and extending its distributor relationship with Titan, a company we acquired just last month,” commented Nathan Mazurek, Pioneer’s chief executive officer.  “We are committed to accelerating Titan’s business, in particular by capitalizing on Generac’s recently expanded line of large kw gensets to drive sales of complex, paralleled systems for mission critical facilities – an area where Pioneer has an extensive track record.”

Mr. Mazurek continued, “To help propel this effort, I am also pleased to announce the appointment of Kindra Davis as General Manager of Titan Energy Systems Inc. Kindra will bring to bear her 12 years of power generation experience at Cummins Power Generation, where she served most recently as a territory business development manager. Kindra will report to George Moothedan, head of Pioneer’s Critical Power division, to ensure full alignment in the execution of our strategic goals.”

Generac Power Systems, a market leader in standby generators for commercial and industrial applications, continues to invest in the development of its network of industrial product distributors in support of the company’s expansion of products into industrial power applications up to 100 megawatts and to grant customers access to Generac’s full breadth of product.

As a Generac Industrial Power distributor, Titan Energy Systems Inc. will work with engineers, facility managers, and electrical contractors to specify Generac products in a number of industries and applications, such as data centers, healthcare facilities, retail outlets, and more.

“We’ve worked with Titan for many years, and during 2014 began building a relationship with Pioneer as supplier of paralleling switchgear to our network of industrial distributors,” said Kyle Raabe, vice president of industrial dealer sales at Generac.  “We are very excited that Titan has signed on with us in this new and expanded role, and by extension would also like to welcome Pioneer to the Generac family. We look forward to working with them as they grow their business and continue providing outstanding sales and service support to existing and prospective customers.”

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