Former TVA Chairman To Join Leading Canadian Tech Firm

TORONTO, Ontario, Canada, February 28 – David Harris, President and CEO of Kinectrics Inc. today announced that Glenn L. McCullough, Jr., former Chairman of the Tennessee Valley Authority (TVA) has been appointed as the new Chairman of Kinectrics Inc., a leading Canadian supplier of advanced technologies and engineering services focused on the energy sector. Kinectrics is owned by Vision Capital of London, UK.

McCullough’s broad-based background in power generation is ideal to support Kinectrics in developing greater access to many growth markets in the U.S.A. “I am excited by this opportunity to assume a key role with Kinectrics in bringing the company’s advanced capabilities and unique services to new areas, to help resolve the many complex challenges facing U.S. utilities today,” said McCullough. “Kinectrics has demonstrated a long track record of technical excellence, and is well-positioned to continue building on that success.”

In a parallel appointment, McCullough will also now serve as Chairman of Vision Capital’s U.S. based firm NuVision Engineering.

McCullough currently serves on the Board of Directors and Executive Committees of the Electrical Power Research Institute (EPRI), the Institute of Nuclear Power Operations (INPO) and the Nuclear Energy Institute. In addition to his extensive business background, McCullough is a former Mayor of the City of Tupelo (1993-1997).

Kinectrics Inc., which operates as an independent company, was formerly the technical division of Ontario Hydro, predecessor to Ontario Power Generation. From its head office in Toronto, Kinectrics provides comprehensive engineering services, as well as innovative products, for transmission and distribution, power generation (nuclear, hydro and fossil) and environmental technologies. Kinectrics offers specialized testing facilities including radioactive materials, analytical chemistry, and high voltage / high current testing laboratories. www.kinectrics.com

NuVision Engineering, Inc. has delivered leading-edge technology solutions for over 30 years to a variety of customers, including the United States Federal Government, public utilities, foreign governments and a variety of commercial clients. The company (formerly AEAT ESI) offers a wide range of engineering services for the energy industry, including plant life extension and safety, waste treatment and decontamination, non-destructive evaluation and HazOps Robotics manipulators. www.aeatech.com

Vision Capital is a leading investment firm with head offices in London, England. Vision Capital’s mission is to create value by growing businesses. www.visioncapital.com

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