OptiSense Network™ Welcomes Global Finance, Operations and Supply Chain Expert as Chief Financial Officer

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Seasoned Executive Ben Siebach, Sees Optical-Based Sensor Technologies as a Key Smart Grid Enabler for Utilities Seeking to Improve Reliability, Efficiency and Extend the Life of Capital Assets Through Intelligence Beyond the Substation

Ben Siebach, CFO Optisense Network LLC

OptiSense is a strong company with extensive patent assets and deep optical, power quality, software and engineering experience. As CFO, I look to ensure that all our stakeholders interests are met through outstanding value and returns.

OptiSense Network™ LLC, (http://www.optisense.net) a leading global provider of medium voltage optical solutions for automating distribution networks worldwide announced today that Benjamin Siebach has joined OptiSense as Chief Financial Officer.

Ben Siebach brings extensive financial and operational experience to OptiSense in a variety of industries across North America, Europe and Asia.

“Ben’s track record in funding, financing, mergers & acquisitions, and operations management is an excellent fit for OptiSense,’ says Stephen Prince, CEO. “OptiSense’s rapid and extensive growth across global markets demands experience and knowledge in these core skill areas. Ben has extensive experience in Asia and Europe, is multi-lingual, and a proven leader in companies at our stage and size. We’re pleased he chose to become part of the OptiSense leadership team.”

Holder of a Master of Materials Science & Engineering from MIT, as well as an MBA from MIT’s Sloan School of Management, Ben’s history of success includes finance and strategic planning, process and quality engineering, global supply chain management, and chief operating officer for global leaders such as Allied-Signal, Michelin, and Cabot.

Ben’s hands-on leadership across manufacturing, engineering, consumer goods and global trade brought him to Sorenson Capital Partners, a private equity group with $650M under management focused on middle market growth investments.

While with the Performance Group, Ben served as an advisor to portfolio company senior management across Sorenson’s portfolio of consumer goods, distribution, construction, aerospace, and light manufacturing companies.

“I am excited to be joining OptiSense at this stage of Smart Grid adoption,” says Ben. “As distribution grids “go digital”, OptiSense is poised for explosive growth, as utilities recognize the accuracy and control available from optical sensing technologies.”

“OptiSense is a strong company with extensive patent assets, deep electrical, power quality, optical, software and manufacturing engineering experience,” says Siebach. “As CFO, I look to ensure that all our stakeholders interests are met through outstanding product value and returns.”

About OptiSense

OptiSense Network™ LLC (http://www.optisense.net) is a leading global provider of optical sensor-based solutions for automating electrical distribution networks for intelligent Smart Grid management. Headquartered in Plano, Texas (DFW), OptiSense’s medium voltage optical technology platform permits high-accuracy measurements of current and voltage-related data (including high frequency components) that enable distribution system operators to improve reliability, efficiency, and control. OptiSense’s optical solutions have been validated by utilities in North America, Asia, and Latin America.

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Janet Kieffer
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