Cellnet names David Slump Chief Executive Officer

April 18, 2007
Cellnet Technology, Inc. announced today that it has named David Slump chief executive officer. Slump, an 18 year industry veteran, previously held leadership positions with GE, ABB, and Commonwealth Edison. At GE Energy, Slump most recently served as general manager global marketing for the $19 billion provider of power generation and energy delivery technologies...

ATLANTA, GA, April 17, 2007 -- Cellnet Technology, Inc. (Cellnet®) announced today that it has named David Slump chief executive officer. Slump, an 18 year industry veteran, previously held leadership positions with GE, ABB, and Commonwealth Edison. At GE Energy, Slump most recently served as general manager global marketing for the $19 billion provider of power generation and energy delivery technologies, and at ABB he held several US and European executive positions including president of the U.S. utilities division.

Cellnet chairman Cameron O'Reilly remarked, "David is a proven growth leader with a compelling vision for the intelligent grid and a passion for delivering value to utility customers. We are delighted to welcome him to our team."

Regarding his appointment, Slump remarked, "This market has become nothing short of dynamic and Cellnet, with a longstanding focus on both innovation and value to the customer, is the established market leader in advanced infrastructure solutions today. Cellnet has a vision to use technology to enable efficiencies across the intelligent grid that not only creates value for utilities, but also for their customers. Their vision and enthusiasm match my own, and I'm excited to have the opportunity to lead this company."

Slump presently serves as a board member of the Georgia Clean Air Campaign and he holds a BS in Electrical Engineering from Iowa State University and an MBA from the University of Chicago's Graduate School of Business. Slump will be based out of Cellnet's Atlanta headquarters.

Cellnet provides intelligent communication and automation solutions to energy and water businesses worldwide. The company's offerings include advanced metering infrastructure, in-premise networks, automated meter reading, SCADA and distribution automation.

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Also see:
-- "City selects Cellnet for water, gas metering system"
-- "Bayard Group acquires Cellnet for $705 million"

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