ERP Power Names Jeffrey Frank Chief Executive Officer

Power Electronics Executive to Leverage Experience Rapidly Growing
Public and Private Companies

MOORPARK, Calif.–(BUSINESS WIRE)–$IoT #ERPisEverywhere—ERP
Power LLC (ERP), a leading provider of small, smart and connected
LED drivers for the lighting industry, today announced the appointment
of Jeffrey
Frank as Chief Executive Officer. Mr. Frank previously served on the
ERP Power Board of Directors, and most recently as ERP’s Chief
Commercial Officer. ERP co-founder Michael
Archer will focus on his role as Chief Technology Officer while
transferring his CEO duties to Mr. Frank.

“Jeff Frank is passionate about building high performance teams to
accelerate growth,” said Michael Archer, co-founder and CTO of ERP Power.
“I'm confident Jeff and our commercial team members will unlock
countless new customer design win opportunities and expand our
relationships with existing customers.”

“Jeff Frank is an energetic leader known for his proven ability to
develop commercial strategies to grow market share and improve the
bottom-line,” said Timothy
Meyer, co-founder and managing partner of Angeles Equity
Partners and ERP Power Chairman of the Board. “Jeff is a great
complement to Michael and the ERP leadership team. We look
forward to partnering with Jeff to achieve the full potential of this
pure play LED driver business.”

ERP Power LED driver products are rooted in the expertise of ERP
co-founder and CTO Michael Archer who changed the computing industry by
designing ever-smaller power electronics for notebooks, desktops and
servers for companies like Apple, Dell, HP and IBM. Today, ERP is
focused on powering the Internet of Lights with the world’s smallest
indoor and outdoor LED drivers featuring tri-mode dimming, intelligent
controls, wireless mesh connectivity and programmable outputs to save
energy, time and money.

Mr. Frank will leverage his 30+ years of experience in the power
electronics industry serving in CEO and sales leadership roles to help
ERP refine its strategic direction; leverage an interoperable ecosystem
of connected lighting products; expand opportunities in commercial and
industrial LED lighting end markets; and accelerate follow-on M&A
activity.

“I am honored to lead the ERP team and partner with Angeles Equity
Partners to accelerate organic growth and explore acquisition
opportunities,” said Jeffrey Frank, CEO of ERP Power. “ERP’s
industry-leading combination of compact size, extensive dimmer
compatibility, and high efficiency at competitive cost ensures there is
no longer a need to compromise the creative style or capabilities of new
lighting fixture designs.”

Prior to joining ERP Power, Jeffrey Frank served in senior executive
roles at GE Power Electronics, Lineage Power, Cherokee International,
Lambda LEI, and Deltec Electronics. Jeff was instrumental in the
successful turnaround of the OEM business at Lineage Power, which was
acquired by GE Energy. Mr. Frank led Cherokee International as CEO
during its initial public offering in 2004, and was responsible for the
company’s strategic decision to expand its manufacturing footprint in
Shanghai, China. Jeffrey Frank earned a masters in marketing from
Webster University and bachelor of science degree in business from
Carroll University.

About ERP Power

Established in 2004, ERP designs and manufactures small, smart and
connected LED driver power electronics for architectural, commercial and
industrial lighting applications. Powerful ERP products deliver an
industry-leading combination of compact size, extensive dimmer
compatibility, wireless controls, programmable output, and high
efficiency at competitive cost. Headquartered in Moorpark, CA, ERP owns
and operates its own ISO 9001 certified manufacturing facility to ensure
quality of design, sourcing, production and testing. Learn more online
at www.erp-power.com
or by emailing [email protected].

About Angeles Equity Partners, LLC

Angeles Equity Partners is a private equity firm that invests in
companies across a wide range of sectors and specifically targets
businesses which it believes can directly benefit from the firm’s
capabilities in operational transformation and strategic repositioning.
This skill set drives the firm’s investment philosophy and, in its view,
can help underperforming businesses reach their full potential. Learn
more online at www.angelesequity.com.

If you would like more information about this topic, please contact
Trenton Waterhouse at + 1 623 523 1672 or email [email protected].

Contacts

ERP Power LLC
Trenton Waterhouse, + 1-623-523-1672
[email protected]
www.erp-power.com