Solarmer Breaks World Records for Plastic Solar Technology

EL MONTE, CA--(Marketwire - July 7, 2009) - Solarmer Energy, Inc., a leading developer of plastic solar panels, is now the world record holder for plastic solar cell and plastic solar panel efficiencies. At this year's Large-area, Organic and Printed Electronics Conference (LOPE-C), Solarmer announced that they have achieved 6.77% plastic solar cell efficiency, certified by the National Renewable Energy Laboratory (NREL), and 3.9% plastic solar panel efficiency, certified by the Newport Corporation, which are the highest performances recorded to date by these organizations.

Solarmer's Materials Development team, led by Dr. Jianhui Hou, made the polymers used for both record breaking devices. "We're extremely pleased with the progress we're making and excited about what's yet to come," says Dr. Hou. "These achievements are more evidence that Solarmer's portfolio of polymers is the strongest and most diverse in the industry."

From July 14th to 16th, Solarmer will exhibit the record breaking plastic solar panel along with others to the 15,000 trade visitors at Intersolar North America 2009 in San Francisco, California. Demonstrations will include a solar messenger bag, GPS navigation system, and cell phones.

"Solarmer has made great progress developing plastic solar panels, but we could not have done it without our academic partners, University of Chicago and the University of California, Los Angeles," says Woolas Hsieh, Founder and President of Solarmer Energy, Inc. "I'm glad and proud we're advancing plastic solar technology towards commercial success."

Solarmer Energy Appoints New VP

EL MONTE, CA--(Marketwire - March 26, 2008) - Solarmer Energy, Inc., a developer of flexible, translucent plastic solar cells, today announced that Dina Lozofsky has joined the company as the Vice President of Intellectual Property Development and Strategic Alliances. Ms. Lozofsky joins Solarmer with more than 10 years experience in intellectual property (IP) management and in leveraging IP to structure strategic alliances for both companies and universities.

This addition to Solarmer's management team comes as Solarmer transitions into the fully operational R&D phase of its growth. The company's near term goal is to demonstrate a commercial grade prototype of its proprietary technology in 18 months. This prototype will demonstrate 8% efficiency and 3+ years lifetime in a solar cell that is at least 50 sq. centimeters.

"We have spent the last 12 months growing the company's product development team and developing our technology roadmap. It is time to ensure that there is full time stewardship of the important IP portfolio we have been developing," said Woolas Hsieh, founder and President of Solarmer.

Ms. Lozofsky will also be responsible for developing strategic partnerships for the company. These partnerships will be crucial to providing Solarmer with certain key technologies and product development support that, when combined with the company's core competency in device engineering, will result in a shorter time to market.

"Dina's expertise in IP and building relationships around IP will round out the operational, managerial, and manufacturing expertise of the current team," stated Edward Chen, CEO of Solarmer. "We are looking forward to working with her to take the company to the next stage."

Ms. Lozofsky received her BSc in Aerospace Engineering from MIT, her MBA from USC's Marshall School of Business and is a registered Patent Agent. Prior to joining Solarmer, she was the Director of Technology Commercialization at the California NanoSystems Institute at UCLA and an Associate Vice President in the Semiconductors & Optoelectronics Group at BTG International, whose mission was to develop and commercialize innovative technologies invented at universities, national labs, and corporations.