LUXEMBOURG/DONGYING, PR China, August 24, 2011 /PRNewswire-Asia/--CNPV Solar Power SA, a public limited liability company organized under the laws of the Grand Duchy of Luxembourg and a leading integrated manufacturer of solar photovoltaic products, today announced the key personnel appointments of Ms. Loan Tran as Vice President of Sales and Marketing Americas, and Dr. Mike Stowell as Director of Business Development Americas w.e.f. July 1, 2011.
"Our Americas penetration is on track with our strategy," affirmed Mr. B. Veerraju Chaudary, CNPV's Chief Operating Officer "Ensuring that we underscore our progress with key individuals is paramount to maximising our "rate of change" of growth. We are delighted to have Loan and Mike within our team; they will bring huge additional benefits both to our organisation and our customers."
Ms. Loan Tran received her Bachelor’s Degree from the University of Colorado in Boulder. Loan's experience has focused upon the inception and creation of successful business operation from the ground up. Developing sustainable growth and brand development within the solar industry during her career, the geographical successes have occurred across Asia Pacific, Europe and the Americas regions. Loan's appointment as Vice President of Sales & Marketing Americas brings a "hands on" delivery of the positive localized international approach to CNPV's business and market expansion.
Dr. M.H.B. Stowell received his Ph.D. from the California Institute of Technology in chemistry and biophysics. He has published numerous scientific articles and is the inventor on over 20 patents. His extensive technological experience has encased in depth solar pv evaluation and application, delivering "more for less" on a daily basis to customers internationally. His far-reaching practical expertise is now made available to facilitate cost effective solutions and increased profit generation for the CNPV market, its customers and the end users.
Both Ms. Tran and Dr. Stowell will be located in Boulder Colorado to best serve the Americas market. Reporting directly to Mr. Bypina Veerraju Chaudary, Chief Operating Officer of CNPV, they will increase the effectiveness of the regional support and the efficiency of the Company as a whole.
CNPV Solar Power SA (NYSE Euronext: ALCNP), through its wholly-owned subsidiary, CNPV Dongying Solar Power Company Limited, is a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules that designs, manufactures and supplies highly efficient and cost effective crystalline solar photovoltaic modules. Reliability & longevity are built into our world-class crystalline solar photovoltaic modules, which undergo rigorous internal tests and external certifications (IEC61215, IEC61730, UL, and CE) to ensure peak performance and safety. For further information, please visit CNPV's website at http://www.cnpv-power.com
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, CNPV's ability to raise additional capital to finance its activities; the effectiveness, profitability, and marketability of its products; the future trading of the securities of the Company; the ability of the Company to operate as a public company; the period of time for which its current liquidity will enable the Company to fund its operations; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the Company's operating results and financial condition; the Company's ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed in the Company's filings with the Euronext in Paris. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the companies and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward looking statements are reasonable, they cannot assure you that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.
For more information, please contact:
CNPV Solar Power SA
Bypina Veerraju Chaudary, COO&CTO
Bill Milewski, VP-Investor Relations,
Ms.Loan Tran, VP Sales & Marketing-Americas
Dr. M. H. B. Stowell, Business Development Director-Americas
SOURCE: CNPV Solar Power SA