SolarBridge Adds to Board and Executive Team

Bill Mulligan Appointed to Board of Directors; Bill Paape Joins as CFO

AUSTIN, Texas--(BUSINESS WIRE)--SolarBridge Technologies (SolarBridge), the leading developer of module-integrated microinverters for the solar industry, today announced that Bill Mulligan has been appointed to the company’s Board of Directors and Bill Paape will join SolarBridge as chief financial officer (CFO).

“We are extremely pleased to welcome Bill Mulligan and Bill Paape to SolarBridge”

“We are extremely pleased to welcome Bill Mulligan and Bill Paape to SolarBridge,” said Ron Van Dell, president and CEO, SolarBridge Technologies. “Both individuals bring vast experience to our team and offer valuable strategic counsel and management expertise. Their contributions will be invaluable as SolarBridge moves into an important growth phase.”

As an internationally known expert in the field of high efficiency silicon photovoltaic cells and solar systems, Mulligan joins SolarBridge’s Board of Directors. Mulligan has more than 20 years of experience in the photovoltaic field and recently retired from SunPower Corp. (NASDAQ: SPWRA, SPWRB), having served as vice president of research and development from 1998 to 2010. Under his leadership, the R&D department developed and commercialized the world’s highest efficiency silicon PV cell (22% average in production). Mulligan also worked at JX Crystals Inc., National Renewable Energy Lab (NREL), AstroPower Inc. and Fairchild/National Semiconductor.

As CFO, Paape will be responsible for overseeing the financial operations and growth of SolarBridge and will lead future fundraising efforts. He has more than 25 years of comprehensive financial management experience, including mergers and acquisitions, treasury, controllership, strategic planning, fundraising, business development and financial analysis. Paape joins SolarBridge from LifeSize Communications Inc., a $130+ million videoconferencing technology company. He served as vice president of finance and CFO from the company’s inception through its $405 million acquisition by Logitech, Inc. in late 2009. Paape also held senior financial management positions at Polycom, Inc., ViaVideo Communications, Inc. and Fisher Scientific.

About SolarBridge Technologies

SolarBridge Technologies, a leader in integrated microinverter technologies for the solar industry, is accelerating the adoption of rooftop solar energy in residential and commercial applications. SolarBridge’s patented Pantheon 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. For more information, visit www.solarbridgetech.com.