| |
Frank Sansone Appointed Chief Financial Officer of Premier Power (Business Wire) Premier Power Contacts Rob Hichborn Premier Power Renewable Energy, Inc. rhichborn@premierpower.com Toll Free: 877.939.0400 EL DORADO HILLS, Calif.--(BUSINESS WIRE)--Premier Power Renewable Energy, Inc. (OTCBB:PPRW - News), a global leader in
the development, design, engineering and construction of solar power
systems for commercial, government and utility markets in the U.S.,
Spain and Italy, announced today that Frank Sansone has been appointed
to the position of Chief Financial Officer for Premier Power. Mr.
Sansone is replacing Teresa Kelley, who is leaving the Company to pursue
other opportunities.
Dean Marks, president and chief executive officer of Premier Power,
stated: “We are very excited to have Frank join our team. He brings a
strong financial background and proven leadership experience and success
with fast growing public companies. His experience in the strategic
financial planning and management of a multinational organization will
directly benefit Premier as we continue our growth in the U.S. and
Europe.” In commenting on his appointment, Frank Sansone stated: “Premier Power
is a leading player in the fast growing solar power industry, with a
talented team and unparalleled development, engineering and construction
experience and expertise. Premier Power’s focus on profitability and its
proven ability to move rapidly into new markets to capture worldwide
opportunities truly set the company apart. I look forward to working
with the team to take the company to its full potential.” Mr. Marks concluded, “On behalf of the Company, I want to thank Teresa
for her contributions to Premier Power and to wish her well in her
future endeavors.” Sansone brings over 15 years of experience in financial management and
compliance, and has extensive experience working for both public and
private companies. Most recently, he served as chief financial officer
at LiveOffice, LLC, where he oversaw the company’s financial planning
and analysis. Prior to this, he served as chief financial officer at
Guidance Software (NASDAQ: GUID - News), where he oversaw the company’s
worldwide financial planning and analysis, accounting, treasury,
investor relations and tax functions. Sansone helped lead the company
through a successful initial public offering and organic revenue growth
from 2002 to 2008 at a compound annual growth rate (CAGR) of 44%. Prior
to Guidance Software, Sansone was a director and vice president of
finance for Aspen Technology (NASDAQ: AZPN - News), where he led the revenue
department and played a key role in its Mergers and Acquisitions group.
He also served as Petrolsoft Corporation's vice president of finance,
building an organization that was ultimately acquired by Aspen
Technology. Before joining Petrolsoft, Sansone directed services for
Fortune 500 and middle-market companies as a manager at
PricewaterhouseCoopers and developed extensive experience in SEC
reporting, initial public offerings, and mergers and acquisitions.
Sansone earned a Bachelor of Science in Accounting from the University
of La Verne and is a certified public accountant. About Premier Power Premier Power Renewable Energy, Inc. is a leading global provider of
large and small-scale solar power systems, delivering unmatched
experience to commercial, governmental and residential customers
throughout North America and Europe. Premier Power designs, engineers
and integrates the solar industry's leading products. Premier Power's
technologies and services have enabled its customers to maximize clean
energy output along with project savings. Today, Premier Power designs
and deploys the most innovative solar electric systems through
market-leading innovation and exceptional customer service. Premier
Power is headquartered in El Dorado Hills, CA and trades on the OTC
Bulletin Board under the symbol PPRW.OB. Additional information is
available at the Company's website at www.premierpower.com. FORWARD-LOOKING STATEMENTS This release contains certain "forward-looking statements" relating to
the business of Premier Power Renewable Energy, Inc. (“Premier”), which
can be identified by the use of forward-looking terminology such as
"believes," "expects" or similar expressions. Such forward-looking
statements involve known and unknown risks and uncertainties, including
all business uncertainties relating to reliance on a limited number of
customers, market demand, cyclical nature of our markets, reliance on
key personnel, future capital requirements, competition in general and
other factors that may cause actual results to be materially different
from those described herein as anticipated, believed, estimated or
expected. Certain of these risks and uncertainties are or will be
described in greater detail in our filings with the Securities and
Exchange Commission. These forward-looking statements are based on
Premier's current expectations and beliefs concerning future
developments and their potential effects on the company. There can be no
assurance that future developments affecting Premier will be those
anticipated by Premier. These forward-looking statements involve a
number of risks, uncertainties (some of which are beyond the control of
the Company) or other assumptions that may cause actual results or
performance to be materially different from those expressed or implied
by such forward-looking statements. Premier undertakes no obligation to
publicly update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as may be
required under applicable securities laws.
|
|