July 28, 2008
Evolution Solar Retains New President of Asian Operations
Evolution Solar Corp (OTC:EVSO) announced it has retained Michael Franklin to its newly created position of President of Asian Operations.
"I consider Mr. Franklin's qualifications to be key for sourcing and contractual negotiations in the Asian Markets," stated Robert Kaapke, CEO of Evolution Solar. "Michael's associative resources, located in almost every major city in China, tips the balance of supply and demand in our favor."
"The historical growth within the solar industry is creating a huge demand on suppliers and manufactures in the market," stated Robert Kaapke, CEO of Evolution Solar.
Some think the U.S. could be generating 10% of its electricity from the sun within 10-15 years, and Scientific American published a scheme last year for drawing almost 70% of our power using solar by 2050. Merrill Lynch's Mark Heller noted that solar startups raised more money in 2007-8 than Internet stocks did in their 1998 heyday.
Mr. Michael Franklin has thrived in the Asian market for over 10 years, working in China, Hong Kong, Taiwan Philippines and Japan as a contracts negotiator, purchasing agent and consultant for several large US companies opening the Chinese markets. Mr Franklin works directly with the regional Chinese governments of Chongqing, Wuhan, Naning, Tianjin, Beijing, Suzhou, Wuxi, Qingdao, Dalian and others.
Evolution Solar is a vertically integrated company, which intends to manufacture high-efficiency cells and run an instillation unit, as does SunPower (NASDAQ:SPWR). JA Solar Holdings Co. (NASDAQ:JASO) announced recently that Elmer Hsu would replace Kang Sun as chief operating officer on Aug. 1, 2008.
About Evolution Solar Corporation
Evolution Solar Corporation, (OTC:EVSO), commercializes leading edge alternative solar energy technologies and related photovoltaic technologies, equipment and next generation appliances. Evolution Solar is an emerging industry leader capitalizing on its understanding of solar technology and supporting the development of alternative energy plans for large corporations and government organizations. Evolution Solar is also an expert consultant agency to organizations in their strategic and procurement plans for alternative energy contracts with public utilities. For more information please visit our homepage at: http://www.evolutionsolar.com
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