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EDSA Appoints Michael Draper Chief Financial Officer & Secretary

SAN DIEGO, Calif. – May 13,, 2008 – EDSA Micro Corp. – the leading developer of power analytics solutions for the design, testing, and diagnosis of complex electrical power systems – today announced the appointment of Michael Draper to the newly-created position of Chief Financial Officer & Secretary.  He will report to Mark A. Ascolese, President & Chief Executive Officer of EDSA.

Mr. Draper brings a wealth of international fnancial experience to EDSA, with both start-up and established multi-million dollar operations throughout Europe, Asia and the United States.  He began his career and earned his CPA at KPMG in the United Kingdom, and subsequently held senior management positions at Storage Technology Corporation and Invensys Plc’s Lambda and Powerware Divisions.

Michael will provide the experienced financial hand-on-the-helm EDSA needs to navigate our continued high growth," said Mr. Ascolese. "As customer demand for our Paladin Live power analytics platform continues to escalate, we'll need experience such as Michael's to help manage our growth and financial planning."

About EDSA Micro Corporation
EDSA develops power analytics software solutions for the design, simulation, deployment, and preventative maintenance of complex electrical power systems.  Founded in 1983, the Company’s Paladin® software products are used by thousands of commercial, industrial, governmental, and military customers worldwide, to protect more than $100 billion in customer assets.  Headquartered in San Diego, Calif., the Company’s worldwide operations include 40 sales, distribution, and support offices located throughout North America, South America, Europe, Asia, and Africa. For more information about EDSA and its products, visit www.edsa.com.

EDSA and Paladin are registered trademarks of EDSA Micro Corporation; Paladin Live is a trademark of EDSA Micro Corporation. All other trademarks are the property of their respective holders.


 

 

  
 
   
 
   
 
 
Copyright 2008 EDSA Micro Corporation. All rights reserved. "EDSA," "Paladin," and "Power Analytics" are trademarks of EDSA Micro Corporation. All other trademarks, names, logos are the property of their respective holders. EDSA gratefully acknowledges governmental and regulatory agencies whose names, photos, logos, award programs, or certification programs are listed herein; such use does not constitute their endorsement of EDSA or its products by these agencies.