Networked Energy Services Expands its Middle East Operation

Imad Kreidieh selected to lead the new group and help manage NES’ growing business in the Middle East and North Africa Markets
 

San Jose, CA, July 29th, 2016: Networked Energy Services Corporation (NES), a global smart grid market leader with the industry’s leading Energy Applications Platform (EAP ™), announced today the appointment of Imad Kreidieh as its Managing Director & Chief Executive Officer (CEO) for its Middle East and North Africa Division. Imad joins the NES experienced executive management team with responsibility for leading the sales, customer satisfaction, and day to day operation, with a focus on the growth and financial performance of the NES’s Middle East business.

Imad Kreidieh is a senior executive with more than 25 years of experience. Imad studied in France and the United States where he earned a Master degree in Monetary Economics from Northeastern University. In 1985, Kreidieh joined Express Contracting and Trading Co in Saudi Arabia, where he spent 6 years between Riyadh, Jeddah and Dammam. Following that start in business, Imad worked for the Saudi Lebanese bank and later joined the telecommunication industry in Syria, where he served as Deputy Managing Director. Imad also held the positions of CEO of MTN Sudan, Group COO at AWI Company, and most recently he was the CEO one of the oldest Philanthropic Association in the Middle East providing education, healthcare and other social services to a very large community.

NES has seen outstanding growth in the Middle East and North Africa smart grid markets and is rapidly growing its regional operations to serve its customers. NES has hired a number of new resources for the region including Rony Kalaany, the Commercial Director for the region, who recently joined the NES team from Rockwell Collins.  
 

“We are thrilled to welcome Imad to the NES family,” said Michael Anderson, NES Group president & CEO, “We are fortunate to add such tremendous leadership and business skills to NES to help manage the company’s growth in the Middle East as we execute our smart grid strategy during this time of tremendous industry transformation in the region.”
 

“I am honored and grateful to join an outstanding industry leader like NES and lead their new Middle East organization,” said Imad. “NES is a proven smart grid leader throughout Europe and around the world and it is my honor to help NES expand its customer base within the Middle East region and help usher in a new era of energy efficiency and leadership for the region.” Imad added, “Our vision is to establish NES as a key partner and end to end solution provider for secure and reliable Smart Grid solutions to utilities in the Middle East. In addition to offering Smart Metering and Smart Grid products and solutions on our Energy Applications Platform, NES plans to work with partners to make the Middle East region a Smart Grid center of excellent, including establishing new production and development centers in the region.

About Networked Energy Services Corporation (NES)

Networked Energy Services Corporation is a global smart energy leader in the worldwide transformation of the electricity grid into an energy control network, enabling utilities to provide their customers with a more efficient and reliable service, to protect their systems from current and emerging cybersecurity threats, and to offer innovative new services that enable active, intelligence use of energy. NES was formed as a result of the spinoff of Echelon Corporation’s Grid Modernization Division in October 2014. NES is headquartered in the US with R&D centers located in Silicon Valley, North Dakota and Poland, and sales offices throughout the world. NES’ smart grid technology is used in nearly 40 million smart meters and other smart end devices around the world. NES is a member of the OSGP Alliance, a global association of utilities and smart grid companies, which promotes the Open Smart Grid Protocol and cooperates to provide utilities greater value by enabling true, independently-certified, multi-vendor interoperability based upon open international specifications and standards. You can find out more information about NES, its Patagonia Energy Applications Platform (including grid management software, distributed control nodes, and smart meters) and services at: www.networkedenergy.com.