Solar Thin Films, Inc. Appoints Management of Cenergy Global Corp., Its Wholly Owned Subsidiary
06 1월 2012 - 5:24AM
Marketwired
Solar Thin Films, Inc. (PINKSHEETS: SLTZ) (the "Company") announced
today that Shlomo Ariel has joined Cenergy Global Corp. ("Cenergy")
as its new President and a Director. In addition, the Company also
announced today that Adiv Baruch has joined Cenergy, as its
Chairman of the Board. Mr. Ariel and Mr. Baruch have also agreed to
serve as Board Members of Solar Thin Films, Inc., and will join
Robert Rubin who will continue to serve as a Director of the
Company.
Mr. Ariel will serve as President and a Director of Cenergy. He
brings significant experience in general management and leadership
throughout his career. Since 2005 Mr. Ariel has served as VP Israel
Business Development at the Wolfson Group in New York. Prior to
that, Mr. Ariel co-founded Ness Technologies, the largest IT
Company in Israel today, and later served as Ness Technologies' COO
and Corporate Secretary. Prior to joining Ness Technologies, Mr.
Ariel served in the Israeli Defense Forces for 22 years where he
achieved the rank of Commander of an Armor Brigade and was head of
Armor Doctrine & Development. Mr. Ariel holds an MBA from the
Hebrew University in Jerusalem, and a BA from National Defense
College IDF. Since 2009 Mr. Ariel has been managing a clean energy
company, Greensol, which is located in Israel. Greensol, has
initiated 10 megawatts of photovoltaic projects in Israel.
Mr. Baruch will serve as the Chairman of the Board of Cenergy.
Since 2007, he has served as a venture partner with
Infinity-I-China, an equity investment company. Mr. Baruch is also
a member of the founding group who led the initiation of the Clean
Energy Incubator for the State of Israel (Capital Nature). From
January 2004 until November 2006, he served as the President and
CEO of B.O.S., a company publicly traded on both NASDAQ (BOSC) and
the Tel Aviv Stock Exchange. From 1999 to 2003, he served as
Executive Vice President Business Development of Ness Technologies,
and the president of Ness Ventures. He has served as founder and
executive/director for several information technology companies and
Internet start-ups. Mr. Baruch is actively involved as the Chairman
of The Israel Export and International Cooperation Institute,
Hi-Tech and Telecom Division, and a board member of the IEIC. Mr.
Baruch serves as a director in several public and private
companies, including Rabintex Industries Ltd, an international
manufacturer of personal protection equipment and armored systems,
as well as an Israeli community and mobile portal company, all of
which are public traded companies listed on the Tel Aviv Stock
Exchange. Mr. Baruch has led global strategies for many companies
in the technology related sector and has executed many successful
mergers and acquisitions. Mr. Baruch has a B.Sc. in Information
Systems and Industrial Engineering from the Technion - Israel
Institute of Technology. Adiv is amongst the founders of Greensol
and acts as a managing partner.
About Cenergy Global Corp. Cenergy will seek to engage in the
development and syndication of Solar Power projects. Forming
Cenergy is the Company's latest step in shifting its focus to the
establishment, operation and management of solar farms,
internationally.
About Solar Thin Films, Inc. Solar Thin Films, Inc. (PINKSHEETS:
SLTZ) was formerly engaged in the manufacturing of solar module
production equipment and turnkey amorphous silicon module
factories. The Company has shifted its focus from turnkey facility
production, to establishment, operation and management of solar
farms, internationally.
Solar Thin Films (CE) (USOTC:SLTZ)
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Solar Thin Films (CE) (USOTC:SLTZ)
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