Energy Photovoltaics, Inc., Announces Name Change to EPV SOLAR, Inc.



    
    Company Adds Key Members to Senior Management Team
    

    HAMILTON, N.J., Oct. 10 /CNW/ -- Energy Photovoltaics, Inc. (EPV), a
thin-film photovoltaic module manufacturer with headquarters in New Jersey,
USA, announced today a series of organizational and senior staff changes that
reflect the new direction of the company.  Approved by its Board of Directors
and shareholders, Energy Photovoltaics, Inc., will now operate as EPV SOLAR,
Inc., effective immediately.
    
    EPV SOLAR announced six additions to the senior management team:
    
    Chief Financial Officer -- Mr. Tom Werthan:  With over twenty years of
experience in assisting high-technology companies, Mr. Werthan previously
served as Chief Financial Officer at EMCORE Corp., a publicly traded
manufacturer of compound semiconductor-based components.
    Vice-President, Operations -- Robert Bryan, Ph.D.:  An experienced
scientist, entrepreneur, and operations executive, Dr. Bryan founded and
spearheaded two successful companies -- MicroOptical Devices (fiber optics)
and Vixel Corp. (vertical cavity lasers) -- before joining EPV SOLAR.
    Vice-President & General Counsel -- Howard Brodie, Esq.:  Formerly the
Chief Legal Officer, Executive Vice-President and Secretary of EMCORE Corp.,
Mr. Brodie has significant experience in commercial transactions, mergers and
acquisitions, corporate finance and corporate governance.
    Vice-President, Business Development -- Mr. Wayne LeBlanc:  With 35 years
of experience in sales and marketing, Mr. LeBlanc brings to EPV SOLAR a
background in retail electricity and electric deregulation.
    Vice-President, Marketing -- Mr. Ren Jenkins:  A skilled semiconductor
industry executive, Mr. Jenkins has over 20 years of experience in Marketing,
Sales, Business Development, Engineering Management, and Operations.
    Vice-President, Sales -- Mr. William Weisbecker:  A co-founder and Vice-
President of Quantum Epitaxial Designs, Inc. (QED), Mr. Weisbecker comes to
EPV SOLAR with a solid foundation of experience in sales and marketing in the
compound semiconductor  industry.
    
    EPV SOLAR and New Financing
    
    EPV SOLAR announced $77.5 Million of new financing on June 20, 2007, for
the purpose of expanding its thin-film photovoltaic module manufacturing
capacity.  The company's plans call for an increase of more than 85 MW of
annual manufacturing capacity over the next 18 months.  Several U.S. states
and European countries are under consideration for EPV SOLAR's manufacturing
capacity expansion.




For further information:

For further information: Dolores Phillips of EPV SOLAR, Inc., 
+1-609-587-3000, ext. 1118, d.phillips@epv.net Web Site: http://www.epv.net

Organization Profile

EPV SOLAR, INC.

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ENERGY PHOTOVOLTAICS, INC.

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