COLEXON Energy AG

EANS-News: COLEXON Energy AG
Management Team complete

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Personnel

Hamburg (euro adhoc) - Hamburg, March 7, 2011. The Supervisory Board of COLEXON Energy AG has completed the reorganization of the management team. Rolando Gennari takes over as the new CFO with immediate effect.

With the appointment of Dr. Rolando Gennari the association gains international expertise for the further expansion in the European photovoltaic market. "Our main task in the next months will be to continue to position COLEXON for the dynamic change in the solar market", states Volker Hars. "The core focus lies on potential effects of the change in the feed in tariff in Italy, France and the United Kingdom", continues the CEO.

Volker Hars, CEO COLEXON Energy AG Volker Hars (46) has completed his studies with a degree in business administration and has many years of senior management experience in internationally operating companies. He had been CFO of the listed Lynas Cooperation in Austalia and of Cleanaway Deutschland AG & Co. KG. Moreover, he has held various financial and marketing positions at Cadbury Schweppes in Germany and abroad for more than eleven years. He joined the COLEXON management board in February 2010.

Dr. Rolando Gennari, CFO COLEXON Energy AG After his studies in finance and economy at the University in Siena (Italy), Dr. Rolando Gennari (51) gained international management experience in the banking-group Banca Nazionale del Lavoro SpA (BNL) in Rome. In 2004 the native Italian joined the management board of HCI Capital AG where he was responsible for the initial public offering of the association and later on took charge of the financial department. Dr. Gennari is active in the photovoltaic business since 2009. He was a senior advisor for an English client in the structuring of a 60 MWp solar park portfolio according the standard of Conto Energia and consulted German investors for solar investments in Southern Italy.

www.colexon.com Characters incl. spacing: 1.895

end of announcement                               euro adhoc
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Contact:

Jan Hutterer
Investor Relations Manager
Tel.: +49 (0) 40 2800 31 111
E-Mail: hutterer@colexon.de

Branche: Energy
ISIN: DE0005250708
WKN: 525070
Index: CDAX, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade



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