George Holmes Joins SolarBridge Senior Management Team as Vice President of Worldwide Sales

AUSTIN, Texas--(BUSINESS WIRE)--SolarBridge Technologies (SolarBridge), a leading

developer of power conversion solutions for the solar industry, today announced that

George B. Holmes will join the SolarBridge executive team as vice president of

worldwide sales.

    "George's background and expertise in driving sales internationally make him a

perfect fit for SolarBridge"

"George's background and expertise in driving sales internationally make him a perfect

fit for SolarBridge," said Ron Van Dell, president and CEO, SolarBridge. "He will be a

valuable asset to our team as we continue to develop and commercialize innovative solar

power solutions with key global partners."

In his new role, Holmes will be responsible for building out the company's worldwide

sales efforts. He brings extensive experience developing global sales teams and

strategic partnerships, with a proven track record of success at organizations ranging

from startups in rapid growth stages to multibillion-dollar companies.

Holmes joins SolarBridge from PureEnergy Solutions, where he was senior vice president

of sales and marketing. He has served in strategic executive management and sales roles

for companies including PowerCast, X1 Technologies, Agere Systems (formerly Lucent

Microelectronics), Ortel Corporation (acquired by Lucent), Level One Communications and

Symmetricom.

Holmes earned a bachelor of arts in business from the University of Puget Sound and a

diploma in international business from the Netherlands Graduate School of Business.

About SolarBridge Technologies:

SolarBridge Technologies, a leader in integrated microinverter technologies for the

solar industry, is accelerating the adoption of solar energy in residential and

commercial applications. SolarBridge's patented PantheonTM microinverter mounts

directly onto solar modules, greatly increasing system efficiency and reliability,

while reducing the cost of solar installation and maintenance. The Pantheon

microinverter is designed to match the lifetime of solar modules, enabling module

manufacturers to provide a 25-year warranty on their AC modules. The company is

headquartered in Austin, Texas.

Direct Grid Technologies Micro-Inverter in Volume Production

Direct Grid is now shipping its DGM-460 solar photovoltaic micro inverter in volume for

lead customers in North America.

Direct Grid’s production ramp is launched through its contract manufacturing partner,

SRI. Formerly a division of Siemens, SRI is an electronics contract manufacturer,

carrying all the quality certifications and advanced production capability Direct Grid

requires to fulfill their aggressive volume ramp plan.

Direct Grid plans to manufacture 30,000 units per month. In addition to European

manufacture in SRI’s Durach, Germany location, SRI is commissioning an additional line

in Direct Grid’s corporate headquarters in Edgewood New York. This added capacity will

enable the company to fulfill demand throughout 2011.

With the design goal of creating a new paradigm for solar photovoltaic micro-inverters

accessing the high power segments, Direct Grid has developed the industry leading DGM-

460, a 500-watt class micro-inverter using the high reliability and high efficiency

Closed Loop MOSFET Planar technology developed and patent pending by the company. While

competitive micro-inverters can address modules up to the 200-210-watt regime, the DGM

-460 can handle a “duo” configuration, with one micro-inverter for every two modules,

up to 500W.

Direct Grid Technologies, LLC also offers power harvesting data collection products and

photovoltaic monitoring solutions.