VPS Names Tom Hershner Head of Investor Relations and Capital Market Initiatives

MILPITAS, Calif. – September 23, 2020 –Virtual Power Systems’ (VPS), the creator of Software-Defined Power®, has appointed Tom Hershner to head Investor Relations and join its executive team.

With more than 30 years of experience in strategic leadership in finance, Hershner is a co-founder and former Managing Partner of Baker Street Advisors, one of the largest boutique wealth advisory firms in the country, and Vice President at Goldman Sachs for more than a decade. Hershner will be responsible for the Company’s financial communications and shareholder outreach and will work closely with VPS’ executive team and Board of Directors.

“I am delighted to have Tom join the executive team. VPS has reached a very exciting stage of development and market penetration. Having Tom’s depth of experience and leadership will play a vital role in growing the company as we implement Software-Defined Power solutions globally,” said Dean Nelson, CEO of VPS.

“VPS is leading a transformation enabling data centers to significantly increase utilization of power in a smarter, more efficient way,” said Hershner. “I’m thrilled to join the Company and look forward to working with the investment community.”

For more information on how Software-Defined Power and Intelligent Control of Energy (ICE) platform enables the future of decentralized power, visit: virtualpowersystems.com