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Soliant Energy Hires New Head of Sales and Marketing

8/1/07 – Soliant Energy, the Pasadena-based developer of concentrating solar panels for commercial rooftops, today announced the appointment of Marc Cortez as vice president of sales and marketing.  Cortez previously headed marketing efforts for the solar divisions of Sharp Electronics and Shell Solar.

The company, previously known as Practical Instruments, was founded in 2005 by a team of NASA Jet Propulsion Laboratory engineers.  Soliant’s investors include Trinity Ventures, Nth Power, Rockport Capital Partners and Rincon Venture Partners.

The company’s publicly-stated goal is to achieve grid-cost electricity by 2010, with plans to ship its first product for carport and commercial rooftop applications later this year.  It named Art Buckland as CEO in June.

Soliant Energy – www.soliant-energy.com

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