Real Goods Solar Appoints Tony DiPaolo as CFO
LOUISVILLE, Colo., Feb. 5, 2013 (GLOBE NEWSWIRE) -- Real Goods Solar, Inc.
(Nasdaq:RSOL), a nationwide leader of turnkey solar energy solutions,
appointed Tony DiPaolo as chief financial officer, succeeding interim CFO,
Angy Chin who will remain in an advisory role during the transition.
"We welcome Tony to Real Goods Solar as a seasoned finance and accounting
executive with more than 20 years of senior management experience in public
and private companies," said Kam Mofid, the company's CEO."We believe his
strong track record of improving results and supporting organizations through
periods of change and rapid growth will help us continue to strengthen the
organization as we build one of the greatest solar companies in the country."
"We'd also especially like to thank Angy for her effective leadership in
addressing the company's many challenges in 2012," added Mofid, "and
particularly for her support of the management team as we built a solid
foundation for 2013 and beyond."
DiPaolo previously served as president and chief financial officer of Incentra
Solutions (now Presilient), a provider of information technology and storage
management solutions to enterprises and managed services providers in North
America and Europe. DiPaolo also previously served as chief financial officer
and chief accounting officer for Roomlinx, a publicly-traded media and
entertainment services company. Prior to Roomlinx, he held executive financial
positions for public companies in the equipment finance industry, and was part
of a successful wireless technology startup company which was eventually
acquired. DiPaolo has a Bachelor of Science in Accounting from the University
of Denver and is a licensed certified public accountant.
About Real Goods Solar and RGS Energy
Real Goods Solar, Inc. (Nasdaq:RSOL) is one of the nation's pioneering solar
energy companies serving commercial, residential, and utility customers.
Beginning with one of the very first photovoltaic panels sold in the U.S. in
1978, the company has installed more than 14,500 solar power systems
representing over 100 megawatts of 100% clean renewable energy. Real Goods
Solar makes it very convenient for customers to save on their energy bill by
providing a comprehensive solar solution, from design, financing, permitting
and installation to ongoing monitoring, maintenance and support. As one of the
nation's largest and most experienced solar power installers, the company has
15 offices across the West and the Northeast. It services the commercial and
utility markets through its RGS Energy division. For more information, visit
RealGoodsSolar.com or RGSEnergy.com, or call (888) 507-2561.
The Real Goods Solar, Inc. logo is available at
This press release includes forward-looking statements relating to matters
that are not historical facts. Forward-looking statements may be identified by
the use of words such as "expect," "intend," "believe," "will," "should" or
comparable terminology or by discussions of strategy. While Real Goods Solar
believes its assumptions and expectations underlying forward-looking
statements are reasonable, there can be no assurance that actual results will
not be materially different. Risks and uncertainties that could cause
materially different results include, among others, introduction of new
products and services, completion and integration of acquisitions, the
possibility of negative economic conditions, and other risks and uncertainties
included in Real Goods Solar's filings with the Securities and Exchange
Commission. Real Goods Solar assumes no duty to update any forward-looking
CONTACT: Media and Investor Relations:
Liolios Group, Inc.
Tel (949) 574-3860
Real Goods Solar, Inc. Logo
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