Equity Solar Signs Former GT Advanced Technology Executive to

Equity Solar Signs Former GT Advanced Technology Executive to Oversee
Asia Sales 
SAN ANSELMO, CA -- (Marketwire) -- 12/18/12 --  Equity Solar, Inc., a
company specifically established to commercialize a leading-edge
solar photovoltaic (PV) technology, today announced that it has
signed Lawson Huang, formerly of GT Advanced Technologies, to direct
its sales efforts in Asia. 
Equity Solar's licensed technology has completed commercial
validation and will begin commercial rollout in 2013. The technology
increases the efficiency of crystalline PV cells through the use of a
unique, patented room temperature silicon oxide growth process. 
"Mr. Huang has vast experience in the PV industry in Asia, having
represented world-class products from well-established global
companies for more than fifteen years," said Equity Solar Chairman
Chester Aldridge. "For the past six months, as we were nearing the
end of our commercial validation process, we've been actively
considering our commercialization options and have concluded that
going directly into Asian PV fabrication facilities with top-notch
representation makes the most sense in terms of both speed to market
and shareholder return." 
Prior to GT Advanced Technologies, where he was director of
technology for Asia, Mr. Huang held positions at Applied Materials
and Freescale Semiconductor (Motorola). 
"Equity Solar's technology is a timely solution to a key challenge
for Chinese manufacturers, which must boost cell and module
efficiency to develop market-leading products without incurring
significant capital spend in the current economic environment," said
Mr. Huang. "I'm very excited to have the opportunity to introduce
such an important product into the Chinese marketplace. It's a
tremendous opportunity to be involved in something with such
significance for PV manufacturers." 
"As a recent addition to Equity Solar's Board of Directors, I was
very pleased to have some influence over a critical strategic
decision for the company," said Dr. David Maloney, Ph.D., a former
DuPont executive who joined the Equity Solar board in November 2012.
"This commercialization path makes the most sense for Equity Solar
and I applaud Chester and the team for taking this course of action." 
Equity Solar expects to sign its initial customer for beta trials in
the first quarter of 2013 and to complete its first high-volume
manufacturing demonstration by the end of the second quarter of 2013. 
About Equity Solar, Inc.  
Equity Solar, Inc. was formed to commercialize a leading-edge
patented solar photovoltaic (PV) technology licensed from Special
Materials Research and Technology (SPECMAT).  
Equity Solar, Inc. was founded and incubated by the management team
of US Equity Holdings. For more information, visit
www.usequityholdings.com. 
For further information, please contact:  
Equity Solar, Inc. 
Tony Shapiro 
Tel: 415-306-0831 
Email: press@equitysolar.com 
www.equitysolar.com