Konarka Expands Worldwide Presence with Senior Management in Asia

LOWELL, Mass.--(BUSINESS WIRE)--July 11, 2006--Konarka Technologies, Inc., an innovator in developing and commercializing Power Plastic(TM) that converts light to energy, today announced the addition of key management personnel to be based in Asia. Dr. John Gui has been appointed vice president, business development, Asia, and Dr. Timothy Wang has been appointed director, corporate partnering, Asia.

Konarka chairman and CEO Howard Berke commented, "The addition of these individuals is in accordance with our goals to expand our direct presence in Asia. Konarka is committed to the Asian market, and Dr. Gui and Dr. Wang will help us to further our partnership-based scale-up and supply chain strategy in this important region for the photovoltaic industry."

Born in China, Dr. Gui comes to Konarka from the Corporate R&D Center at General Electric Company where he served 15 years in various roles, including heading the organic photovoltaic R&D program, with a focus on business development throughout Asia with an emphasis on China. From 2000-2004, Dr. Gui founded and operated the Wuhan, China-based Wangqiao Company, the first to receive a federal e-commerce technology grant in the region. He also served as acting director for Open Laboratory of Electronanalytical Chemistry, Chinese Academy of Sciences in China. Dr. Gui holds a PhD in Electrochemistry from Ohio State University as well as 23 technology patents.

Dr. Wang joins Konarka from Kenly Precision Industrial Co Ltd, one of the largest metal stamping and tooling companies in Taiwan, where he led a 74-member team of the Optoelectronics Business Unit. He also served the company as marketing director responsible for identifying business opportunities in the LED components and display industry. From 1997-2004, Dr. Wang served DuPont Asia Pacific as marketing development manager, Engineering Polymers and served DuPont Taiwan as marketing & technical service specialist, Engineering Polymers for the year prior, having been involved with active and functionalized polymers. Dr. Wang holds a PhD in Polymer Chemistry from the University of Missouri-Rolla, Rolla, MO.

About Konarka Technologies, Inc.

Konarka builds products that convert light to energy - anywhere. Konarka is the leading developer of polymer photovoltaic products that provide a source of renewable power in a variety of form factors for commercial, industrial, government and consumer applications. Konarka's photovoltaic nanotechnology is focused on delivering lightweight, flexible, scalable and manufacturable products. Konarka has a broad portfolio of patents, technology licenses and an accomplished technical team. Nobel Laureate Professor Alan Heeger (UC Santa Barbara) is a director, co-founder and chief scientist for Konarka. Konarka Technologies is headquartered in Lowell, Mass., U.S.A., with European headquarters in Nuremberg, Germany, and research and development facilities in Austria and Switzerland. For more information, visit http://www.konarka.com or contact Tracy Wemett, BroadPR, at +1-617-868-5031 or tracy@broadpr.com.

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