RealEnergy Names John Paul New CEO

July 30, 2003 by Jeff Shepard

RealEnergy Inc. (Woodland Hills, CA), a combined heat and power onsite energy generation company, announced that John Paul, a veteran power industry executive, has joined the company as Chief Executive Officer. Paul has an extensive background in the global power quality industry, first as President of Best Power (Necedah, WI), and then as President of Invensys Secure Power (Raleigh, NC), which acquired Best Power in December 1999. Both companies designed, manufactured and marketed a full range of uninterruptible power systems, which provide clean, reliable power assurance for critical computing and telecom applications. Paul replaces Alan Krusi, who left the company late last month to pursue other interests.

"John’s strong technical background, as well as his hands-on knowledge of the power sector and his proven ability to lead and build a business, will be a tremendous asset to RealEnergy as we enter our next exciting phase of growth," said Chairman Daniel Cashdan."