Quantum Solar Power Announces the Appointment of New Board Members
26 Julho 2011 - 9:50AM
Marketwired
Quantum Solar Power Corp. ("Quantum") (OTCBB: QSPW),
www.quantumsp.com, is pleased to announce the appointment of two
new board members effective today. Steven Pleging, based in The
Netherlands, a renowned solar energy entrepreneur and owner of
TeamSolar BV, a solar energy market consultancy, has been appointed
Chairman of the Board of Directors and Director of Quantum Solar
Power Corp. Dr. Andras G. Pattantyus-Abraham, Chief Technology
Officer at Quantum Solar Power Corp., joins the Quantum board as
Director.
Quantum's CEO Daryl Ehrmantraut stated, "Quantum is extremely
fortunate to have Steven Pleging and Dr. Andras Pattantyus-Abraham
join our Board of Directors. Steven's background in the solar
energy sector complements our global strategy. We look forward to
having his counsel as we continue to expand our business in
strategic markets in Europe and around the world. Dr.
Pattantyus-Abraham has been instrumental in developing Quantum's
novel technological approach to solar power generation and we look
forward to his active participation on our board."
Prior to founding TeamSolar BV, Pleging served as CEO of
Ecostream International BV, www.ecostream.com, one of the leading
suppliers of solar power systems in Europe, where he was
instrumental in growing revenues from $15M to over $160M in four
years. Prior to joining Ecostream, Pleging served for over a decade
as Business line Manager for the Solar division of Philips Lighting
where he managed the entry of Philips into the solar marketplace
with an innovative concept of solar inverters for the European
market and extensive partner collaboration. Pledging received a
Bachelor in Economics from HES Amsterdam.
As Quantum Solar Power Corp's Chief Technology Officer, Dr.
Andras G. Pattantyus-Abraham oversees a team of scientists
dedicated to transitioning the company's scientific concept into a
National Renewable Energy Laboratory (NREL) certified PV device.
Prior to joining Quantum in December 2009, Dr. Pattantyus-Abraham
was Principal Scientist at the University of Toronto's Sargent
Research Group.
From 2007 to 2009, Pattantyus-Abraham was a Postdoctoral Fellow
at the Sargent Research Group, www.light.utoronto.ca, which applies
discoveries in nanoscience to applications relevant to energy,
health, and sensing. The Sargent Research Group unites chemistry,
physics, and engineering within eight experimental
laboratories.
In 2007 and 2008, Dr. Pattantyus-Abraham served as a Research
Consultant for an Optoelectronics startup and for Applied
Biophysics Research Group, University of British Columbia. From
2004 to 2006, Dr. Pattantyus-Abraham was a Postdoctoral Fellow at
the Photonic Nanostructures Research Group, University of British
Columbia.
Dr. Pattantyus-Abraham earned a Ph.D. in Chemistry from the
University of British Columbia.
About Quantum Solar Power Corp. Quantum
Solar Power Corp. is developing a "Next Generation Device" (NGD™)
photovoltaic technology. Quantum's NGD™ is a patent pending,
laboratory model that utilizes a new approach to solar power
conversion with the potential to remove the necessity of utilizing
expensive silicon semiconductor-based technologies. We believe
Quantum's NGD™ technology has the potential to match the efficiency
of crystalline silicon PV at the cost of thin film PV. The
anticipated NGD™ technology is free of any rare element
dependencies found in other current solar technologies. We believe
Quantum has the potential to create solar cells (through
manufacturing partnerships) at significantly less cost per watt
than current technologies. Quantum Solar Power has offices in the
U.S. and Canada and can be found on the web at:
www.quantumsp.com
Forward-Looking Statements This news
release contains forward-looking statements regarding future events
and Quantum's future results that are subject to the safe harbors
created under the Securities Act of 1933 (the "Securities Act") and
the Securities Exchange Act of 1934 (the "Exchange Act") and
constitute "forward looking information" within the meaning of U.S.
securities laws. These statements include statements about
Quantum's planned technological development plan and are based on
material factors and assumptions including Quantum's management's
current expectations, estimates, forecasts, and projections about
the industry in which Quantum operates and the beliefs and
assumptions of Quantum's management. Words such as "expects,"
"anticipates," "targets," "goals," "projects," "intends," "plans,"
"believes," "seeks," "estimates," "continues," "may," variations of
such words, and similar expressions, are intended to identify such
forward-looking statements. In addition, any statements that refer
to projections of Quantum's future financial performance, Quantum's
anticipated growth and potentials in its business and other
characterizations of future events or circumstances are
forward-looking statements. Readers are cautioned that these
forward-looking statements are only predictions and are subject to
risks, uncertainties, and assumptions that are difficult to
predict, including the risk that Quantum's technological
development plan may not be successful, and those risks identified
in Quantum's Quarterly Report on Form 10-Q for the fiscal quarter
ended March 30, 2011. Therefore, actual results may differ
materially and adversely from those expressed in any
forward-looking statements. Quantum undertakes no obligation to
revise or update any forward-looking statements for any reason.
Media Contact: Nancy Tamosaitis Vorticom, Inc.
212.532.2208 nancyt@vorticom.com
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