Technipower Adds to Solar Team, Presents at NYU
20 Oktober 2009 - 2:30PM
PR Newswire (US)
DANBURY, Conn., Oct. 20 /PRNewswire-FirstCall/ -- Technipower
Systems, Inc. (Pink Sheets: TECZ), formerly Solomon Technologies,
Inc., announced today that Tom Thompson, a veteran solar industry
professional and member of Technipower's Advisory Board, has been
named Director of Renewable Energy Systems, where his
responsibilities will include sales and marketing of the Instant
Solar(TM) products and expanding Technipower's presence in all
facets of the renewable energy space. Mr. Thompson will speak on
"The Economic Power of the Sun" at the NYU, Stern School of
Business forum, Solar in the City, on October 22. The event is
sponsored by the New York Solar Energy Society. Dan Connors,
President of Technipower's Energy Solutions group, said, "Having
Tom Thompson expand his role to a full time effort initially
focused on our Instant Solar product line offers Technipower a
substantial competitive advantage. His industry knowledge and
professional contacts coupled with his long advocacy for the
expansion of solar energy use enables Technipower to immediately
penetrate the most accessible markets with a well differentiated
product line. We are extremely pleased that Tom has joined us full
time to lead our renewable energy initiatives." Tom Thompson
commented, "As a US-based manufacturer with decades of experience
in power conversion systems, Technipower is uniquely positioned to
leverage its deep technical strength and strong channel
recognition. With Instant Solar as the first product in the solar
arena, the Company will help lead the green industry revolution in
America. I am pleased to be part of this exciting effort to
capitalize on the need for energy alternatives." Information about
Technipower Systems, Inc.: Technipower Systems, Inc. (formerly
Solomon Technologies, Inc.) and its wholly owned subsidiary design
and manufacture electrical and electromechanical power systems
requiring high levels of reliability and ruggedness for defense,
aerospace, marine and commercial applications. The Company's
expansion in to the clean energy markets includes its Instant
Solar(TM) ground mounted solar system as well as its patented
Electric Wheel® and Electric Transaxle(TM) hybrid/regenerative
technologies for hybrid-electric and all-electric vehicles. FORWARD
LOOKING STATEMENTS: This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. The statements regarding Technipower Systems,
Inc. in this release that are not historical in nature,
particularly those that utilize the terminology such as "may,"
"will," "should," "likely," "expects," "anticipates," "estimates,"
"believes," or "plans," or comparable terminology, are
forward-looking statements based on current expectations about
future events, which management has derived from the information
currently available to it. It is possible that the assumptions made
by management for purposes of such statements may not materialize.
Actual results may differ materially from those projected or
implied in any forward-looking statements. Important factors known
to management that could cause forward-looking statements to turn
out to be incorrect have been identified and discussed from time to
time in the Technipower's filings with the Securities and Exchange
Commission. The forward-looking statements contained in this
release speak only as of the date hereof, and Technipower
undertakes no obligation to correct or update any forward-looking
statements, whether as a result of new information, future events
or otherwise. Contact us for more information Technipower Systems,
Inc. Daniel Connors 203-748-7001 http://www.technipowersystems.com/
DATASOURCE: Technipower Systems, Inc. CONTACT: Technipower Systems,
Inc., Daniel Connors, +1-203-748-7001,
http://www.technipowersystems.com/ Web Site:
http://www.technipowersystems.com/
Copyright