European addition to serve growing customer demand
ICP Solar Expands Business Development Team
MONTREAL--ICP Solar Technologies Inc. (OTCBB: ICPR, FRANKFURT: K1U.F), a developer, manufacturer and marketer of solar products, announced today that due to continued growth and increasing market demand for their products, it has expanded its business development team with the promotion of Pascal Petit to VP of Sales EMEAPAC region and the appointment of Stuart White as Sales Manager EMEAPAC.
"As part of our strategy to expand our market presence in Europe and the Middle East, we are augmenting our sales and channel management resources with additional seasoned sales professionals, who possess extensive outdoor leisure and electronics market knowledge and experience," said ICP Solar CEO and Chairman, Sass Peress. "We look forward to their contribution to ICP Solar's continued growth and expanding customer base."
"The OEM and Consumer goods channels in Europe, the Middle-East, Africa and Asia-Pacific will now report to me," said Pascal Petit. "This reporting structure is similar to the one under Tom Clark, our VP of Sales in America. By creating similar structures for all geographies we will not only improve the effectiveness of new business development, but also the cost efficiency of service and support to our existing clients across the globe."
Mr. White brings over 20 years experience in sales and channel management in the UK, Europe and the Middle East, with an emphasis on the outdoor and maritime markets. He holds a Bachelor of Science degree from the University of St. Andrews.
About ICP Solar Technologies, Inc.
ICP Solar is a developer, manufacturer and marketer of solar cells and solar cell based products and building materials. Through the application of next-generation technologies and use of proprietary intellectual design the Company aims to be the industry's innovation leader. For the past 19 years, ICP Solar has led the consumer market through innovation and has now begun to apply that same philosophy to the OEM, rooftop and power generation segment of the solar industry .ICP Solar's management has over 50 years of experience in the renewable energy sector. The company's headquarters are located in Montreal, Canada, with additional locations in the USA, Spain, Ireland and France.
Corporate information may be found at www.icpsolar.com.
The forward-looking statements herein include, but are not limited to, the expected expansion of our solar solutions into Europe Middle East, Asia and Africa. Our actual results may differ materially from those implied in these forward-looking statements as a result of many factors, including, but not limited to, overall industry environment, customer acceptance of our products, delay in the introduction of new products, further approvals of regulatory authorities, adverse court rulings, production and/or quality control problems, the denial, suspension or revocation of permits or licenses by regulatory or governmental authorities, termination or non-renewal of customer contracts, competitive pressures and general economic conditions, and our financial condition. These and other risks and uncertainties are described in more detail in our most recent SB-2 filing with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made. We undertake no obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur, except as required by applicable laws, and you are urged to review and consider disclosures that we make in the reports that we file with the Securities and Exchange Commission that discuss other factors germane to our business.
ICP Solar Technologies Inc.
Laurent Lafite, 514-270-5770 Ext. 120
Lippert/Heilshorn & Associates
Jody Burfening/Elric Martinez, 212-838-3777