Aug 25, 2009   7:00 AM

Magnolia Solar Appoints Dr. Roger E. Welser as Chief Technical Officer

WOBURN, MA (Aug 25, 2009) -  Magnolia Solar, Inc. today announced that Dr. Roger E. Welser has joined the company as its Chief Technology Officer. He will be responsible for leading the development of next-generation high-performance solar cells employing advanced nanostructured materials. Dr. Ashok Sood, President and CEO of Magnolia, stated "We are extremely pleased to have Dr. Welser join the Magnolia team and lead our technology development efforts to increase the efficiency and lower the cost of thin film solar cells."

Prior to joining Magnolia, Dr. Welser served as Director of Technology and New Product Development in III-V materials at Kopin Corporation, a leading innovator in the area of nanosemiconductor materials and devices, located in Taunton, MA. Dr. Welser's research and development group at Kopin has led the industry in bandgap engineering the material structure to continuously improve the performance and cost of GaAs-based transistor devices. Dr. Welser has also been actively involved in the field of photovoltaics. His graduate studies were supported by the NASA Graduate Student Researcher's Program, with a focus on materials for high-efficiency, multi-junction III-V solar cells. More recently, Dr. Welser has won funding from NASA, DARPA, and the NSF to pioneer the development of quantum solar cell structures.

Dr. Welser received his Ph.D. in Applied Physics from Yale University in 1995 and an undergraduate degree in Physics with honors from Swarthmore College in 1989. Dr. Welser is an author of more than 70 publications, patents, and presentations.

Magnolia Solar, Inc. is developing innovative nano-based solar cell technologies for terrestrial applications. Based in Woburn, MA, Magnolia's solar cell technology will cover the UV, visible and infrared parts of the solar spectrum to enhance device performance and lower costs.

Over the next decade and beyond, the use of photovoltaics for energy production is expected to grow from its current less than one percent to over 10 percent. The emphasis for next-generation solar cell technology is to develop nano-based processes that can be grown on low-cost materials such as glass or polymers, and to bring the cost of the solar electric energy generation to less than one dollar per watt.

About Magnolia Solar Corporation:


For more information please contact:
Dr. Yash R. Puri
Executive Vice-President
Magnolia Solar, Inc