HOUSTON - Vericor Power Systems, LLC ('Vericor'), a leading provider of energy solutions, and a subsidiary of Kanaci Technologies, LLC ('Kanaci Technologies') is pleased to announce the appointment of G. William Bonadio as President and Chief Executive Officer of Vericor.

Bonadio joins from The Boeing Company, where he most recently led program management of the Boeing transformation team.

Kanaci Technologies Chairman and CSL Capital Management partner, Andrew Gould, stated 'We are excited to have Bill join the team. His leadership and experiences are well suited to grow the existing marine, energy and industrial businesses, improve customer experience, and enter new market segments. I am looking forward to partnering with Bill.'

Before joining Vericor, Bonadio was a Vice President at The Boeing Company. He served in a variety of leadership roles including Chief Operating Officer of Electronics & Information Solutions division, VP of Strategic Development for Defense, Space and Intelligence and VP of Business Development for Network and Space Systems. Bonadio's career before Boeing includes serving as Vice President of Business Development at Danaher Corporation. Prior to this, Bonadio worked with Bain & Company and The Boston Consulting Group, serving C-level clients for strategy, M&A, and operational improvements. Mr. Bonadio is a former U.S. Navy officer where he served on nuclear powered attack submarines. Bonadio graduated with a B.S. in Mechanical Engineering from Bucknell University and an MBA from the J.L. Kellogg Graduate School of Management at Northwestern University.

ABOUT VERICOR POWER SYSTEMS

Vericor manufactures, sells, and supports aero-derivative gas turbines for marine propulsion, mechanical drive, and power generation applications including high-speed military and civilian ships, industrial pumping, compressor or electric generation applications, and oil field applications. Vericor was founded in 1999 and is based in Alpharetta, Georgia, Greer, South Carolina and Houston, Texas. For more information, please visit www.vericor.com and follow us on LinkedIn.

ABOUT KANACI TECHNOLOGIES

Kanaci Technologies is a platform focused on the integration of technologies that accelerate the reduction in carbon footprint across a variety of industrial applications. Kanaci Technologies is comprised of three divisions: Marine and Defense, Energy, and Power Generation. Kanaci Technologies' power generation platform supplies industrial power generation solutions. With the increasing demands of distributed power generation, Kanaci Technologies will be positioned to provide power generation solutions for baseload, intermittency, peak, and load sharing power.

ABOUT CSL

CSL Capital Management is a private equity firm focused on the energy services and equipment sector. The Firm looks to support a variety of investment situations including growth financings, recapitalizations, and corporate divestitures. CSL Capital Management was formed in 2008 and is headquartered in Houston, Texas

Contacts

Myra Touchstone

Vericor Power Systems

(770) 569-8825 | myra.touchstone@vericor.com

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