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Technology Stocks : Worldwater Corp

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To: Skywatcher who wrote (370)2/19/2008 2:37:40 PM
From: Skywatcher   of 384
 
WorldWater & Solar Technologies Names Scott Albertson Vice President and General Manager of ENTECH Following Company Merger
Thursday January 31, 1:44 pm ET
Albertson Will Manage ENTECH's Construction and Business Operation of the ENTECH 20X Concentrator Solar Cell Production Facilities in Texas

EWING, N.J.--(BUSINESS WIRE)--WorldWater & Solar Technologies Corp. (OTC BB:WWAT.OB - News), developer and marketer of proprietary high-power solar systems, announced today that Scott Albertson, WWAT Vice President and Production Manager has been named Vice President and General Manager of ENTECH, Inc., the wholly-owned subsidiary of WorldWater & Solar Technologies Corp. The merger with ENTECH was completed January 28, 2008, enabling WorldWater to start producing one of the world’s lowest-cost, high-value solar solutions—ENTECH’s 20X concentrator PV technology.
Mr. Albertson, who will manage the business operations of ENTECH, has been preparing the engineering and construction lines for ENTECH’s 20X cells and systems since joining the Company in April, 2007. The ENTECH concentrator solar cell produces 20 times the energy of a standard solar cell by using its proprietary optics and lenses.

“Now that the merger with ENTECH is complete, Scott will be able to shift into full production in order to deliver on schedule the quantities needed to equip the large solar farms and distributed commercial energy we are negotiating to build in the U.S., Spain and Italy,” said Dr. Frank W. Smith, Chief Operating Office of WorldWater & Solar Technologies Corp. “We expect these modules to change the economics of solar system installations.”

Before joining WorldWater, Mr. Albertson was Vice President of BP Solar where he was responsible for Quality and Reliability Systems, Logistics and New Business Development. Prior to that he spent over a decade with Corning Incorporated, rising to Plant Manager and Business Unit Leader of their specialty cellular ceramics business. Mr. Albertson is a graduate of the United States Naval Academy with a B.S. degree in engineering, mathematics and operational analysis. He served in the U.S. Marine Corps as an Operations and Recon Officer. He later studied at the Sloan School of Management and the Corning Manufacturing and Management Programs at MIT.
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