Montreal, Canada, January 29, 2007 – ICP Solar Technologies Inc. (OTCBB: ICPR), a developer, manufacturer and marketer of solar cells and products, announced today the appointment of David Dangoor as a director of the company.
David is President of Innoventive Partners LLC and a managing partner of Cato Dangoor & Associates in London, England, both primarily specializing in providing advice in the fields of Marketing and Public Relations. He is a member of the Board of Directors of BioGaia AB, a public Swedish bio-tech company, where he was one of the original founding investors.
Mr. Dangoor has held senior executive positions at Philip Morris for over 27 years including Head of Marketing, Philip Morris Germany in Munich, Germany; Managing Director, Seven Up Northern Europe in London, England; Senior VP of Marketing, Philip Morris USA in New York; and Executive VP, Philip Morris International based in New York.
“We are delighted to welcome David to our board. ICP Solar will benefit from his remarkable marketing career, particularly his international branding experience,” commented Sass Peress, Chairman of the Board and CEO of ICP Solar. “Together our team will leverage his consumer-goods industry experience and contacts, which will be valuable assets to our future growth and development.”
During his career with Philip Morris as a leading marketing executive of the company, he has worked with a diverse array of consumer product categories including soft drinks, food, confectionary, coffee, ice cream, beer and tobacco.
“I am very enthusiastic about joining the board of this company and participating in its successful growth in this rapidly expanding and important market for consumer and industrial products. The awareness is growing for the availability of our products and the real benefits, including energy cost savings, as well as energy and environmental preservation,” said David Dangoor.
ICP Solar is a developer, manufacturer and marketer of solar cells and solar cell based products and building materials. Through the application of next-generation technologies and use of proprietary intellectual design, the Company aims to be the industry's innovation leader. For the past 18 years, ICP Solar has led the consumer market through innovation and has now begun to apply that same philosophy to the OEM, rooftop and power generation segments of the solar industry.
ICP Solar's management has over 50 years of experience in the solar energy sector. The company currently counts over 55 team members, with headquarters located in Montreal, Canada, and additional locations in the United Kingdom, Spain, USA, Ireland and France. Corporate information may be found at www.icpsolar.com
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements herein include, but are not limited to, the expected expansion of our solar solutions into Europe Middle East, Asia and Africa. Our actual results may differ materially from those implied in these forward-looking statements as a result of many factors, including, but not limited to, overall industry environment, customer acceptance of our products, delay in the introduction of new products, further approvals of regulatory authorities, adverse court rulings, production and/or quality control problems, the denial, suspension or revocation of permits or licenses by regulatory or governmental authorities, termination or non-renewal of customer contracts, competitive pressures and general economic conditions, and our financial condition. These and other risks and uncertainties are described in more detail in our most recent SB-2 filing with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made. We undertake no obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur, except as required by applicable laws, and you are urged to review and consider disclosures that we make in the reports that we file with the Securities and Exchange Commission that discuss other factors germane to our business.