Finance Veteran Brings Over 30 Years of Experience to Company
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™ system, which
produces cost-competitive distributed energy. For more information,
please visit www.entechsolar.com.
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
