Message #12 From:
NewsBot Date: January 3, 2007 03:00:00 AM
AKC News Ascent Solar Hires Vice President of Business Development
LITTLETON, Colo.--(BUSINESS WIRE)--Ascent Solar Technologies, Inc. (NASDAQ:ASTI) (BSE:AKC) today announced
Joseph McCabe has joined the company as Vice President of Business
Development. Mr. McCabe brings over 15 years of photovoltaic (PV)
industry experience to Ascent Solar and has expertise in the areas of
building integrated photovoltaics, photovoltaic/thermal collectors, and
zero energy homes. Mr. McCabe owns a U.S. patent integrating LED
lighting directly into PV surfaces.
Prior to joining Ascent Solar, from 2000 until 2004, Joseph McCabe
managed solar energy research for the State of California, at the Public
Interest Energy Research office of the California Energy Commission.
Most recently he has generated multiple contracts with the Sacramento
Municipal Utility District and is a technical support contractor for the
California Energy Commission. Mr. McCabe holds a bachelors of Mechanical
Engineering degree from the University of Dayton, a masters degree in
Nuclear and Energy Engineering from the University of Arizona, and a
Masters of Business Administration from Regis University in Denver,
Colorado. Mr. McCabe currently is a licensed Professional Engineer, and
sits on the board of directors of the Northern California Solar Energy
Association. Prior to these accomplishments, Mr. McCabe served as
Chairperson of the Winters California Planning Commission, the board of
directors for the American Solar Energy Society, Vice Chairperson for
the Potomac Region Solar Energy Association and the board of directors
for Solar Cookers International. Mr. McCabe is also a member of the
management board for Solar Today magazine.
Ascent Solar CEO and President, Matthew Foster, stated, "We are pleased
to welcome Joe to the Ascent Solar team. Filling our top business
development position with an industry leader will provide invaluable
customer contacts and recognition to the company. We are committed to
hiring the solar industry’s best talent. Our
hiring of industry leaders like Joe McCabe and Dr. Prem Nath, our Sr.
Vice President of Manufacturing, provides a strong foundation from which
to grow our business and operations."
Mr. McCabe stated, “I feel so fortunate to be
involved with Dr. Mohan Misra and the Ascent SolarTeam, having followed
their work and the work of their predecessors for the last decade. They
have unique capabilities to bring the PV industry "beyond the silicon
era." The Ascent Solar product is robust enough for space, and flexible
in many ways for building integration, with opportunities for directly
powering telecommunications, HVAC, lighting, refrigeration, cathodic
protection and transportation solutions.”
Ascent Solar Technologies, Inc. is a developer of state-of-the-art,
thin-film photovoltaic materials and modules and is located in
Littleton, Colorado. Please visit our website for additional information
at www.ascentsolar.com.
Statements in this press release that are not statements of historical
or current fact constitute "forward-looking statements." Such
forward-looking statements involve known and unknown risks,
uncertainties and other unknown factors that could cause the Company's
actual operating results to be materially different from any historical
results or from any future results expressed or implied by such
forward-looking statements. In addition to statements that explicitly
describe these risks and uncertainties, readers are urged to consider
statements that contain terms such as "believes," "belief," "expects,"
"expect," "intends," "intend," "anticipate," "anticipates," "plans,"
"plan," to be uncertain and forward-looking. The forward-looking
statements contained herein are also subject generally to other risks
and uncertainties that are described from time to time in the Company's
filings with Securities and Exchange Commission.
