Entech Solar Appoints Sandy J. Martin as Chief Financial Officer

FORT WORTH, Texas--(BUSINESS WIRE)--Entech Solar (OTC BB: ENSL.OB), a leading developer of concentrating solar energy systems, announced today that Sandy J. Martin has been named Chief Financial Officer of the Company, effective June 11, 2009. Ms. Martin is a CPA, MBA and has served in finance and accounting leadership positions primarily with publicly-held companies during the past 25 years. At Entech Solar, she is responsible for the Company’s finance and investor relations strategy, accounting, SEC reporting, treasury and financial planning & analysis.

Ms. Martin joined Entech Solar in March 2009 as Corporate Controller and was appointed Chief Accounting Officer in April 2009. Since joining the Company, she has directed the restructuring of the Finance & Accounting organization through a transitional move of the headquarters from New Jersey to Texas.

“I am pleased to announce this promotion. Sandy brings significant finance and accounting experience from publicly traded companies, including investor relations and capital raise capabilities,” stated Frank Smith, Entech Solar CEO. “Since joining the Company a few months ago, Sandy has focused on driving costs out of the business and developing a platform for Entech to approach the capital markets with strategic growth plans.”

Ms. Martin added, “I am very pleased to accept this new role for the Company and look forward to providing financial leadership and stewardship as we position the Company for product launch next year. With Entech’s next-generation products, the Company has a very exciting growth story that I am eager to communicate to both industry and investor constituencies.”

Before joining the Company, Ms. Martin held leadership positions in finance and accounting with increasing responsibilities for companies including Sally Beauty Holdings and Pier 1 Imports. Ms. Martin began her career as an auditor for a national public accounting firm. Ms. Martin earned an M.B.A. from the M.J. Neeley School of Business at Texas Christian University and a B.B.A. in Accounting from the University of Texas at Arlington.