SHANGHAI, China, Aug 24, 2011 (GlobeNewswire via COMTEX) --
JA Solar Holdings Co., Ltd. (Nasdaq:JASO) ("JA Solar" or "the Company"), one of the world's largest manufacturers of high-performance solar cells and solar power products, today announced the appointment of Jonathan Pickering as President of JA Solar, Americas Region, and Vice President of JA Solar.
"We're delighted to welcome Jonathan to join the JA Solar management team," said Dr. Peng Fang, CEO of JA Solar. "He is an experienced veteran in the solar and technology industries, with an impressive track record of building solar businesses in the United States and other key markets. His expertise and leadership experience will be invaluable for JA Solar, as we continue to build JA Solar into a global leader in the solar industry. With his help, we look forward to expanding our U.S. footprint and taking advantage of growth opportunities in this important market."
Mr. Pickering commented, "The U.S. is on course to be the number one solar market globally within just a few years, and we expect to see sustainable growth here for years to come. We're going to be laser focused on building enduring partnerships with the industry leaders in the US and across the Americas region. JA Solar brings leading c-Si technology, quality, and cost base. Underpinned by its financial strength and manufacturing scale, JA Solar is clearly a compelling partner in this highly promising market. I am excited to join the JA Solar management team and look forward to getting started."
Mr. Pickering joins JA Solar from California-based Lumeta Inc., a subsidiary of DRI Companies. As General Manager and Executive Vice President of Lumeta he led the development and commercialization of Lumeta's PowerPly solar module designed for commercial rooftop applications. He was responsible for all aspects of the Lumeta business, including establishing partnerships with leading solar project developers and integrators in the US and Europe.
Prior to joining Lumeta, Mr. Pickering spent twenty years with Applied Materials, the leading capital equipment provider for the semiconductor, display and solar industries, where he served as Vice President and Head of Global Marketing and Business Development of the Solar Business Group. He began his career in France and held management positions of increasing responsibility across the Applied Materials organization. He holds a Master of Engineering from Carnegie Mellon University and a Bachelor of Science from the University of Surrey.
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by words such as "may," "expect," "anticipate," "aim," "intend," "plan," "believe," "estimate," "potential," "continue," and other similar statements. Statements other than statements of historical facts in this announcement are forward-looking statements, including but not limited to, our expectations regarding the expansion of our manufacturing capacities, our future business development, and our beliefs regarding our production output and production outlook. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the company and the industry. Further information regarding these and other risks is included in Form 20-F and other documents filed with the Securities and Exchange Commission. The company undertakes no obligation to update forward-looking statements, except as may be required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.
About JA Solar Holdings Co., Ltd.
JA Solar Holdings Co., Ltd. is a leading manufacturer of high-performance solar power products. The company sells its products to solar manufacturers worldwide, who assemble and integrate solar cells into modules and systems that convert sunlight into electricity for residential, commercial, and utility-scale power generation. For more information, please visit http://www.jasolar.com.
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SOURCE: JA Solar Holdings Co., Ltd.
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