Acorn Energy, Inc. Announces Cessation of George Morgenstern as a Director
July 26, 2012 at 01:51 am IST
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Acorn Energy, Inc. announced that George Morgenstern, Chairman Emeritus and a Director of the company, has not been nominated for re-election as a Director at the company's annual general meeting to be held on September 11, 2012. After the meeting, Mr. Morgenstern will remain with the company as a consultant and Chairman Emeritus.
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.