New Emerson Network Power CTO Expects New Focus on Business Continuity in 2009

Victor Lee (click image to zoom by 1.9x)

Columbus, Ohio (December 9, 2008) — Emerson Network Power, a business of Emerson and the global leader in enabling Business-Critical Continuity™, recently appointed Victor Lee chief technology officer to guide technology innovation across all of the business’s 12 centers of expertise. In this role, Lee brings increased focus and consistency to research and development platforms addressing continuity challenges in the most critical data center, telecommunications, alternative energy, systems integration and power conversion environments.

Lee stresses that this focus will be vital amid a challenging economic climate where any downtime could have major ramifications. The conditions have created a renewed emphasis on business continuity and an increasing demand for energy efficient technologies and solutions. Additionally, any executives authorizing strategic technology investments must emphasize product dependability and flexibility to their vendor partners. Lee said Emerson Network Power products and solutions will meet these expectations while building on the strong commitment to innovation that defines the business.

“As a global technology leader, it is imperative that Emerson Network Power continues to challenge itself and the market to develop innovative technologies that make our customers’ lives easier and businesses more competitive,” Lee said. “I am dedicated to keeping our efforts focused on solving business continuity challenges through innovative approaches to conventional solutions as well as increased attention to environmentally-friendly alternative energy technologies. I look forward to continued collaboration between the company’s leadership and our teams of innovators to anticipate issues we’ll confront in the future.”

Lee founded Texas-based Innoveta Technologies (now TDK Innoveta Inc.) in 2000, where he served as president and CEO. Previously, he worked as a senior executive for AT&T/Bell Laboratories/Lucent Technologies, where he served for 17 years. Throughout his career, he has secured 15 U.S. patents. He earned a master’s degree in electrical engineering from Rutgers University, a bachelor’s degree in physics and a master’s degree in business administration from Baylor University.

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About Emerson Network Power

Emerson Network Power, a business of Emerson (NYSE:EMR), is the global leader in enabling Business- Critical Continuity™ from grid to chip for telecommunication networks, data centers, health care and industrial facilities. Emerson Network Power provides innovative solutions and expertise in areas including AC and DC power and precision cooling systems, embedded computing and power, integrated racks and enclosures, power switching and controls, monitoring, and connectivity. All solutions are supported globally by local Emerson Network Power service technicians. Liebert power, precision cooling and monitoring products and services from Emerson Network Power improve the utilization and management of data center and network technologies by increasing IT system availability, flexibility and efficiency. For more information, visit www.Liebert.com, www.EmersonNetworkPower.com or www.eu.EmersonNetworkPower.com.

About Emerson

Emerson (NYSE: EMR), based in St. Louis, Missouri (USA), is a global leader in bringing technology and engineering together to create innovative solutions for customers through its network power, process management, industrial automation, climate technologies, and appliance and tools businesses. Sales in fiscal 2008 were $24.8 billion. For more information, visit www.Emerson.com.