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SLTZ Solar Thin Films Inc (CE)

0.0001
0.00 (0.00%)
07 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Solar Thin Films Inc (CE) USOTC:SLTZ OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0001 8 01:00:00

Solar Thin Films, Inc. Appoints Management of Cenergy Global Corp., Its Wholly Owned Subsidiary

05/01/2012 8:24pm

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Solar Thin Films (CE) (USOTC:SLTZ)
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From Jun 2019 to Jun 2024

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Solar Thin Films, Inc. (PINKSHEETS: SLTZ) (the "Company") announced today that Shlomo Ariel has joined Cenergy Global Corp. ("Cenergy") as its new President and a Director. In addition, the Company also announced today that Adiv Baruch has joined Cenergy, as its Chairman of the Board. Mr. Ariel and Mr. Baruch have also agreed to serve as Board Members of Solar Thin Films, Inc., and will join Robert Rubin who will continue to serve as a Director of the Company.

Mr. Ariel will serve as President and a Director of Cenergy. He brings significant experience in general management and leadership throughout his career. Since 2005 Mr. Ariel has served as VP Israel Business Development at the Wolfson Group in New York. Prior to that, Mr. Ariel co-founded Ness Technologies, the largest IT Company in Israel today, and later served as Ness Technologies' COO and Corporate Secretary. Prior to joining Ness Technologies, Mr. Ariel served in the Israeli Defense Forces for 22 years where he achieved the rank of Commander of an Armor Brigade and was head of Armor Doctrine & Development. Mr. Ariel holds an MBA from the Hebrew University in Jerusalem, and a BA from National Defense College IDF. Since 2009 Mr. Ariel has been managing a clean energy company, Greensol, which is located in Israel. Greensol, has initiated 10 megawatts of photovoltaic projects in Israel.

Mr. Baruch will serve as the Chairman of the Board of Cenergy. Since 2007, he has served as a venture partner with Infinity-I-China, an equity investment company. Mr. Baruch is also a member of the founding group who led the initiation of the Clean Energy Incubator for the State of Israel (Capital Nature). From January 2004 until November 2006, he served as the President and CEO of B.O.S., a company publicly traded on both NASDAQ (BOSC) and the Tel Aviv Stock Exchange. From 1999 to 2003, he served as Executive Vice President Business Development of Ness Technologies, and the president of Ness Ventures. He has served as founder and executive/director for several information technology companies and Internet start-ups. Mr. Baruch is actively involved as the Chairman of The Israel Export and International Cooperation Institute, Hi-Tech and Telecom Division, and a board member of the IEIC. Mr. Baruch serves as a director in several public and private companies, including Rabintex Industries Ltd, an international manufacturer of personal protection equipment and armored systems, as well as an Israeli community and mobile portal company, all of which are public traded companies listed on the Tel Aviv Stock Exchange. Mr. Baruch has led global strategies for many companies in the technology related sector and has executed many successful mergers and acquisitions. Mr. Baruch has a B.Sc. in Information Systems and Industrial Engineering from the Technion - Israel Institute of Technology. Adiv is amongst the founders of Greensol and acts as a managing partner.

About Cenergy Global Corp. Cenergy will seek to engage in the development and syndication of Solar Power projects. Forming Cenergy is the Company's latest step in shifting its focus to the establishment, operation and management of solar farms, internationally.

About Solar Thin Films, Inc. Solar Thin Films, Inc. (PINKSHEETS: SLTZ) was formerly engaged in the manufacturing of solar module production equipment and turnkey amorphous silicon module factories. The Company has shifted its focus from turnkey facility production, to establishment, operation and management of solar farms, internationally.

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