Acclaim Energy Announces Senior Management Team Promotions

Contact: Scott Fordham, President

Acclaim Energy Announces Senior Management Team Promotions

HOUSTON, TEXAS February 9, 2016 – Houston-based Acclaim Energy ( today announced promotions and expanded responsibilities on its senior management team. The announcement was made by John D. Elder III, chief executive officer.

Richard Zdunkewicz has been named executive vice president and oversees all aspects of operations and finance and will increase his time commitment to business development activities. Zdunkewicz joined Acclaim Energy in 2006 in a finance and operations role, managing all aspects of transaction pricing, price risk management, accounting controls, data management, human resources, finance and client services. Earlier in his career, he was vice president of Enron Energy Services where he led deal structuring for its bundled energy management solutions group and managed the retail product development effort. Prior to Enron, Zdunkewicz served in various roles with Pennzoil Company, including finance and marketing functions in both domestic and international operations. Zdunkewicz began his career as a commercial banker at First City National Bank and then with MBank. He graduated from Texas A&M University with a bachelor of science in economics.

Ajit Karani has been promoted to vice president – information technology & business process improvement. Karani previously served as director of information technology, managing infrastructure design and software development. In his new expanded role, Karani will identify opportunities and implement programs to enhance processes, heighten best practices and maximize efficiencies. Prior to joining Acclaim Energy, he was associated with Advanced Flow Property Management and Appraisal and Collection Technologies in management, analytical, technical and project management roles, and with Protiviti as a consultant. Karani graduated with a master in professional accounting from The University of Texas and is PMP certified as a project management professional.

Alberto Rios, the company’s vice president – risk management, is taking on additional responsibilities, including day-to-day management of transaction pricing functions. Before joining Acclaim Energy in 2011, Rios led the structure desk pricing and managed a team of analysts at RBS Sempra Commodities. He was also associated with Williams Energy and Banamex where he identified emerging opportunities, developed strategies, prepared financial models, valued economic incentives and structured new credit lines. A native of Mexico, Rios earned a bachelor of science in industrial engineering from Universidad Iberoamericana in Mexico City and a master of business administration in energy finance from The University of Texas.

“Richard has been a key member of our executive management team for several years, and his newly focused and expanded role positions him to make an even greater contribution to both our company and our clients,” said Elder. “With a time-proven history of enabling change through process automation and technology-driven solutions, Ajit’s expanded role is a logical next step to capitalize on his unique expertise and extensive talents. Similarly, we’re also excited to broaden Alberto’s role to utilize his sharp understanding of complex energy markets.”

“Echoing John, Acclaim Energy is proud to recognize Richard Zdunkewicz, Ajit Karani and Alberto Rios with expanded responsibilities in key management roles,” said Scott L. Fordham, Acclaim Energy’s president. “With growth comes opportunity, and Acclaim Energy enjoyed significant growth in 2015. Our strong senior management team is in place, we’ve refined and enhanced our value-added suite of energy management services, and the company is anticipating significant additional growth in 2016.”

About Acclaim Energy

Houston-based Acclaim Energy Services is an independent, unbiased customer advocate that helps businesses across the United States and Canada minimize total energy costs and unlock value through a proven integrated energy management approach. Acclaim Energy’s Dynamic Load Optimization 365 (DLO365) suite of services includes strategic energy procurement, energy risk management, demand response, distributed generation (GenMaxSM) and energy MRI analytics. Acclaim Energy currently serves customers in all deregulated markets in the United States and Canada and manages a customer portfolio with a total electricity and natural gas spend in excess of $1.2 billion, more than 25,000 meters and with an annual aggregate flow of more than 4.7 million MWh/year for electricity and 4.4 million Dt/year for natural gas.