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Entech Solar Appoints Kent J. Van Houten as Chief Financial Officer

Mon. January 26, 2009; Posted: 12:11 PM
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EWING, N.J., Jan 26, 2009 (BUSINESS WIRE) -- WWAT | Quote | Chart | News | PowerRating -- Entech Solar (OTC BB: WWAT.OB), a leader in concentrating solar energy systems, announced today that Kent J. Van Houten has been named Chief Financial Officer (CFO) of the Company, effective January 26, 2009. Mr. Van Houten has served in a variety of finance-related leadership positions during the past 30 years, most recently as Vice President of Finance & Accounts at Aegis Communications. At Entech, he will be charged with managing the Company's overall financial strategy, corporate planning, treasury functions, internal controls, and SEC reporting.

"I am proud to announce Mr. Van Houten as the CFO of Entech Solar," said Frank Smith, CEO of Entech Solar. "His extensive experience with rapidly-growing companies will serve him well in his new role at Entech, and we are excited that he has decided to bring his talent and passion to our team."

"I am very excited to join the Entech team," added Mr. Van Houten. "Entech's ThermaVolt system offers a great opportunity to grow the combined heat and power market in a clean and economical way. I am very impressed with Entech's progress to date and look forward to helping the Company continue to grow."

Prior to his joining Entech Solar, Mr. Van Houten, age 55, was Vice President of Finance & Accounts at Aegis Communications, where he was responsible for the company's accounting functions, internal controls, and tax compliance, as well as legal and corporate governance. Prior to this, Mr. Van Houten spent several years as a financial consultant and also served as Chief Financial Officer at Peerless Manufacturing, a supplier of filters and environmental protection equipment used in the petroleum, natural gas, petrochemical and electric utility industries. His background includes capital planning, treasury oversight, SEC reporting, business development, strategic planning, acquisition due diligence, corporate restructuring, and overall financial management. Mr. Van Houten is a 1975 graduate of Howard Payne University, holding a Bachelor's in Business Administration degree in Accounting and minor in Economics. He is a Certified Public Accountant.

About Entech Solar

Entech Solar is a leading provider of concentrating solar energy systems. Entech designs, manufactures and installs systems that provide both electricity and thermal energy for commercial and industrial applications. Entech uses its proprietary concentrating photovoltaic and thermal (CPVT) technology to deliver the ThermaVolt(TM) system, which produces cost-competitive distributed energy. For more information, please visit www.entechsolar.com.

SOURCE: Entech Solar

Entech Solar Press Contact: Amy Copeman, 609-818-0700 ext. 58 acopeman@entechsolar.com or Entech Solar Investor Relations Contact: Chris Witty, 646-438-9385 cwitty@darrowir.com

For full details for WWAT click here.

    


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