Nancy Margolis Promoted to Vice President of Energetics Incorporated
ALEXANDRIA, Va., April 23 /PRNewswire-FirstCall/ -- Energetics Incorporated, a wholly owned subsidiary of VSE Corporation (Nasdaq: VSEC) announced today the recent promotion of Nancy Margolis to Vice President. The promotion is a key component of Energetics' strategy to strengthen and grow its core technology-based consulting practice in energy efficiency, renewable energy, and industrial productivity.
During 23 years with Energetics, Ms. Margolis has won national acclaim as an expert in industrial energy analysis. Energetics' Board of Directors and corporate officers unanimously endorsed the promotion of Ms. Margolis in recognition of her proven leadership in building and managing top-flight technical teams, orchestrating high-level policy and technical analyses, and developing new business opportunities. As a corporate officer, Ms. Margolis will have the authority to significantly expand critical support for existing clients and secure new business in major industrial markets within the United States and around the globe.
"I think all of us at Energetics and certainly many of our clients are thrilled that Nancy has been chosen to help lead the company in this period of unprecedented opportunity and challenge," said Energetics' President Jim Reed. "This promotion confirms that Energetics' business model will continue to stress excellence and team building as the keys to our long-term success. Nancy's great potential as Vice President is enhanced by the many outstanding contributions she has made to the field of industrial energy efficiency over the years," he added.
Ms. Margolis' superb analytic work has been well-received at both the National Academy of Sciences and the White House. She has also been honored with two prestigious awards from the U.S. Department of Energy (DOE) Industrial Technologies Program within the Office of Energy Efficiency and Renewable Energy. Her outstanding reputation in industrial energy efficiency has contributed to her success in developing new commercial business for Energetics with the Aluminum Association, AMIRA International, the American Iron and Steel Institute, a global mining company, and others.
Ms. Margolis will be responsible for Energetics' support of the National Institute of Standards and Technology and Department of Energy programs in industrial technologies, biomass energy, and policy. Additionally, her staff members will provide support to DOE programs in hydrogen energy and solar energy. Ms. Margolis holds an M.S. in Mechanical Engineering from the University of Maryland and a B.A. in Chemistry from The Johns Hopkins University.
Energetics is a multi-disciplinary consulting company providing a broad range of technical and management support services to federal and state agencies, private companies, trade associations, and research institutions. Energetics currently consults in energy, infrastructure protection, and global health markets, providing an array of expertise from engineering evaluations and regulatory analysis to strategic and program planning. For more information on Energetics' services and products, please see the Company's website at www.energetics.com or contact Senior Vice President Jack Eisenhauer at (410) 953-6246.
VSE provides diversified services to the engineering, energy and environment, defense, and homeland security markets from more than 20 locations across the United States and around the world. For more information on VSE services and products, please see VSE's web site at www.vsecorp.com or contact Len Goldstein, Director of Business and New Product Development, at (703) 317-5202.
VSE News Contact: C. S. Weber, CAO, (703) 329-4770
This news release contains statements which, to the extent they are not recitations of historical fact, constitute "forward looking statements" under federal securities laws. All such statements are intended to be subject to the safe harbor protection provided by applicable securities laws. For discussions identifying some important factors that could cause actual VSE results to differ materially from those anticipated in the forward looking statements in this news release, see VSE's public filings with the Securities and Exchange Commission.
SOURCE VSE Corporation
Released April 23, 2007