SOURCE: Solar Semiconductor

March 18, 2008 07:15 ET

Solar Semiconductor Appoints Chief Financial Officer

SUNNYVALE, CA--(Marketwire - March 18, 2008) - Solar Semiconductor, a world-class producer of high-quality solar photovoltaic (PV) modules and services, today announced that it appointed Perry G. Hayes as its Chief Financial Officer.

Mr. Hayes brings over 32 years of experience in corporate finance in the technology sector, investor relations, financing and capital market activities, M&A activities, risk management and treasury operations. His most recent experience includes eight years at Solectron Corporation as their senior vice president, investor relations and treasurer, where he managed interaction with investors, institutional shareholders, financial analysts and credit rating agencies. Prior to Solectron, Mr. Hayes held senior treasury positions with Dell Computer and Air Touch Communications, Inc. He also has more than 10 years of international finance and banking experience as a vice president with Bank of America, working out of that company's San Francisco, London and New York locations. Mr. Hayes holds a master's degree in international business from the University of South Carolina.

"We are pleased to welcome Perry as a member of our senior management team. Perry brings with him the expertise and a successful track record in managing investor and analyst relationships, international corporate finance, IPO and M&A activities," said Hari Surapaneni, chief executive officer of Solar Semiconductor. "With Solar Semiconductor poised for explosive growth, Perry's combination of skills and experience will play a lead role in ensuring this growth is well financed."

About Solar Semiconductor

Solar Semiconductor is a global producer of innovative, high-quality PV modules using mono- and multi-crystalline cells who offers its products and services to the worldwide Solar PV module market. As a socially responsible, global energy producer, Solar Semiconductor offers an unwavering commitment to its customers. Awarded the prestigious ISO 9001 certification for its automated manufacturing plant Solar Semiconductor focuses its attention on customers' power and efficiency needs for today and tomorrow. For more information, visit www.solarsemiconductor.com.

Product and service names mentioned herein are the trademarks of their respective owners.

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