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Expansion of Supervisory Board of Solar*Tec AG

12-14-2007 07:27 PM CET | Energy & Environment

Press release from: SolarTec AG

Photo: Solar*Tec AG´s CEO Dr. Erich W. Merkle und Dr. Marcus Fischer

Photo: Solar*Tec AG´s CEO Dr. Erich W. Merkle und Dr. Marcus Fischer

Munich, 27.11.2007 - On the occasion of an extraordinary shareholder´s meeting in Nov., 27th 2007 in the Notary´s Office of Predel and Dr. Goerk in Munich three further people were elected to join the Supervisory Board of Solar*Tec AG:

* Dr. Marcus Fischer, Banker, Business Manager (Dipl.-Kfm.)

* Andreas Müller, Commercial Executive (Kaufmann)

* Andreas Tränkler, Auditor/Certified Accountant, Business Manager (Dipl.-Kfm.)

Dr. Marcus Fischer (42). Joined Solar*Tec AG on October 4th, 2007 as Finance Manager for Project Finance. He has more than 10 years of experience in the field of M&A, Corporate Finance and Enterprise Planning.

Andreas Müller (32). Works since 1998 for a major Leasing Bank in the specialized field of Project Finance exceeding 10 Mio. €. Since 2004 also Consultant to the Bavarian Ministry of Economics (various grants projects with the Free State of Bavaria).

Business Manager (Dipl.-Kfm.) Andreas Tränkler (43). Conducted several company restructurings besides Annual Audits, Due Dilligence Examinations and Company Evaluations and Assessments.

We cordially welcome the new members of our Supervisory Board and look forward to an inspiring cooperation.

*** http://www.solartecag.de ***

Contact:
Ms Andrea Billig
Solar*Tec AG
Uhlandstraße 13
85609 Aschheim b. Muenchen / Germany
Tel.: +49-89-90 77 49 97 33
Fax: +49-89-90 77 49 97 69
E-Mail: info@SolarTecAG.de
Internet: www.SolarTecAG.de

The Solar*Tec AG is a Munich based company with offices in Spain, Italy, Greece, USA, China and Singapore and develops and markets highly efficient solar energy systems. Solar*Tec is the only PV company active in all three generations of PV: crystalline silicon, thin film and concentrator PV. The Solar*Tec group of companies covers all important steps of the solar energy value chain: wafer manufacturing, solar glass, development of components, module production and realization of power plant projects. Solar*Tec’s core competence is the Sol*Con™-concentrator technology which provides efficiency rates over 35 percent and generates solar energy up to 50 percent cheaper than conventional solar modules.
Sol*Con™ is a registered trademark of Solar*Tec AG.

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