Patrick McMullen Returns to Calnetix Technologies as Chief Technology Officer

April 23rd, 2013

Cerritos, Calif. – April 22,2013 – Calnetix Technologies, a pioneer in high-speed permanent magnet motor generators, power electronics and magnetic bearings for a variety of applications and industries, announced today Patrick McMullen as its Chief Technology Officer.

McMullen rejoins the company that he helped found after serving as Chief Technology Officer for Vycon, Inc., a manufacturer of flywheels for backup power, energy storage and regeneration applications.

“Pat was responsible for our high-speed motor generator and magnetic bearing projects for the first five years of Calnetix’s existence when he served as Vice President. He developed the original flywheel system concept here, and also led IP creation activities, development of larger size and higher output units as well as cost reduction efforts,” said Vatche Artinian, Chairman and Chief Executive Officer of Calnetix. “We’re very happy to have him back in this new executive role as we experience continued rapid business and technology growth in a wide range of markets.”

Prior to founding Calnetix, McMullen served as Vice President of Research and Development at Avcon, Inc, a development company for magnetic bearings and linear motors. In total, he has more than 25 years of experience in the magnetic devices field for high speed equipment with more than 20 years of experience in the magnetic bearing field. McMullen has developed and holds patents for multiple magnetic bearing actuator designs as well as system-level motor and flywheel designs. He also has authored numerous papers on magnetic bearings, backup bearings and flywheels.

McMullen will continue to serve as a director on Calnetix’s Board of Directors. He holds a Master of Business Administration from the University of Southern California and a Bachelor of Science in Mechanical Engineering from the University of Notre Dame.

About Calnetix Technologies

Calnetix Technologies, LLC (“Calnetix”), headquartered in Cerritos, CA, is focused on Innovation That Drives Industries™. The company specializes in high-performance, high-speed motor generators and best-in-class control systems and magnetic bearings. Calnetix’s patented, underlying technologies, which have been in use since the company’s inception in 1998, have made Calnetix a world leader in the design and production of high-speed machines. The company’s overall technology portfolio and system integration capabilities have led to development and production contracts with industry leaders and the start of many successful subsidiaries that focus on unique niche markets. For more information, please visit www.calnetix.com.