PENNINGTON, N.J., May 21, 2007 (PRIME NEWSWIRE) -- WorldWater & Solar Technologies Corp. (OTCBB:WWAT), developer and marketer of proprietary high-power solar systems, today announced that, effective immediately, Scott Albertson has joined the company as Vice President of Production. Mr. Albertson, who previously served as a consultant to WorldWater for several months, has over 20 years experience in manufacturing operations, including with British Petroleum (BP) and Corning. In his last position at BP, he was Vice President of Procurement, Logistics, and Supply Chain Management for the company's Crystal Silicon operations.
"We felt it was imperative to bring Scott on as a full time employee given our need for manufacturing expertise as we ramp up production for the larger systems being installed this year," stated Quentin T. Kelly, Chairman and CEO. "As we take WorldWater to the next level in designing and supplying some of the largest solar systems in the market, Scott's experience will prove invaluable to our organization."
Scott Albertson
Mr. Albertson has been a manufacturing consultant since 2004, providing strategic counsel to companies experiencing rapid growth in their operations. Prior to this, he served as Vice President of Procurement, Logistics, and Supply Chain Management at British Petroleum (BP), overseeing the company's Crystal Silicon operations worldwide. He had previously been Vice President of BP's Thin Film Technologies business, heading up the Technology and Engineering group and managing two thin film solar plants (one utilizing Amorphous Silicon, the other Cadmium Telluride). Prior to coming to BP in 1998, Mr. Albertson was with Corning, where he had served since 1987 in roles of increasing responsibility within the manufacturing group of the Environmental Division.
Mr. Albertson graduated from the U.S. Naval Academy with a B.S. in engineering and math, and a concentration in operations analysis. He spent seven years with the USMC Special Forces before starting with Corning.
About WorldWater & Solar Technologies Corp:
WorldWater & Solar Technologies Corporation is a full-service, international solar electric engineering and water management company with unique, high-powered and patented solar technology that provides solutions to a broad spectrum of the world's electricity and water supply problems. For more information about WorldWater & Solar Technologies Corp., visit the website at www.worldwater.com.
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Forward-Looking Statements:
Except for historical information contained herein, this document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks and uncertainties that may cause the Company's actual results or outcomes to be materially different from those anticipated and discussed herein. Further, the Company operates in industries where securities values may be volatile and may be influenced by regulatory and other factors beyond the Company's control. Other important factors that the Company believes might cause such differences are discussed in the risk factors detailed in the Company's 10-KSB and its quarterly reports on Form 10-QSB both as filed with the Securities and Exchange Commission, which include the Company's cash flow difficulties, dependence on significant customers, and rapid development of technology, among other risks. In assessing forward-looking statements contained herein, readers are urged to carefully read all cautionary statements contained in the Company's filings with the Securities and Exchange Commission.