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Green Plug Appoints Kevin Jones to New Post of Chief Scientist, Names Rajeev Prasad VP of Engineering



  Green Plug Appoints Kevin Jones to New Post of Chief Scientist, Names Rajeev
  Prasad VP of Engineering

   Executive Management Changes Follow Closing of Series C Round for Power
                            Electronics Innovator

2013 International CES Platinum Hotel Suite

Business Wire

SAN RAMON, Calif. -- January 7, 2013

Green Plug (www.greenplug.com), the first company to bring fully programmable
mixed-signal controllers to the high volume AC-DC power converter market,
today named longtime executive Kevin Jones to the newly-created position of
Chief Scientist and appointed semiconductor industry veteran Rajeev Prasad to
succeed Jones as VP of Engineering.

Prasad and the Green Plug management team will be on hand during 2013
International CES, at the company’s suite at the Platinum Hotel (211 E.
Flamingo Road, 702/365-5000).

The appointments mark the next phase of Green Plug’s growth, as the company
focuses on executing contracts with strategic partners and shaping the future
of innovative programmable power control in a number of related fields. The
announcement follows on the heels of Green Plug’s Series C investment round,
from U.K.-based strategic investor Imagination Technologies Group
plc (LSE: IMG), joined by longtime institutional investors Herald Ventures and
Killik & Co., both of London; and Peninsula Ventures of Redwood City, Calif.

Jones, who joined Green Plug as VP of Engineering in early 2008, has nearly 30
years’ experience in building and validating complex hardware and software
systems. “Kevin’s breadth of knowledge, his ability to think outside the box
and his versatility in working with all kinds of technologies make him
absolutely ideal for the Chief Scientist position,” said Frank Paniagua, Jr.,
Green Plug CEO. “Kevin has enabled Green Plug to focus our technology on a
critically needed area in AC-DC power conversion -- the use of fully
programmable controllers for high volume, low-cost applications. Developing
programmable control in specific markets is a genuine innovation.” Jones
earned a Ph.D. in Computing Science from the University of Manchester, a M.Sc.
in Computation from Oxford University and a B.Sc. from Reading.

Prasad has more than 20 years of engineering and management experience at
delivering successful energy-efficient products in wireless, PC, embedded and
consumer electronics. Prior to joining Green Plug, he led the development of
low-power audio processors for smartphones as Director of VLSI Engineering at
Audience and for laptops, speakers and headphones as Sr. Director of
Engineering at Creative. Prasad managed the graphics, video and wireless chip
and IP development at NVIDIA and two startups acquired by Synopsys and Cirrus
Logic.

“Rajeev excels at delivering, at getting designs out the door, and brings to
Green Plug strong connections with the semiconductor industry,” Paniagua said.
“Under his leadership, Green Plug Engineering will continue to innovate in
AC-DC power conversion, cost reduction in the lower-power device market,
integration of higher switching frequency technologies like GaN and SiC,
additional non-linear software algorithms, and more. With Rajeev’s guidance,
Green Plug will pursue novel approaches to achieve further energy savings, and
will continue to make real advances in communication technologies and their
use in the power market.”

Prasad began his career at Intel, where he designed numerous 486 and
Pentium-based chipsets during a six-year period. He holds an executive MBA in
marketing and finance from University of California, Davis, M.S. in electrical
and computer engineering from University of Virginia, Charlottesville, and a
bachelor’s degree in electrical engineering from IIT-BHU, India.

About Green Plug

Green Plug (www.GreenPlug.com) develops and licenses innovative technology
that enables consumer electronics manufacturers to upgrade from traditional
analog-controlled power adapters to “smart” digitally controlled systems that
save power and dramatically speed product design and development. Green Plug
is the first company to offer real-time programmable control for multiple
control algorithms in a single-chip package at a cost-neutral price point,
thus eliminating the major barrier to adoption in consumer AC-DC power
converters. The company’s patented mixed-signal technology provides
unprecedented flexibility in design through software programming and also
enables communication between electronic devices and their power sources – an
important precursor to developing power products that leverage the Smart Grid.
Founded in 2006, Green Plug is privately held and headquartered in San Ramon,
Calif.

Contact:

Edge Communications, Inc.
Ken Greenberg, 323-469-3397
ken@edgecommunicationsinc.com
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