http://zinovenkov.ru/2008_10_01_archive.html
Flanary, previously the COO of Greece-based was the COO of Arizona-basedc from 2001 to 2003, officials In February, Austin-based HelioVolt disclosed that Ron Bernalk was interim CEO as the companyg searched for apermanent CEO. The previous CEO, founder B.J. is now the company’s chief strategy officer and chairman of the Flanary was also president of OEAAerospace Inc., and presidentf of , both based in California. Durin g more than 10 years at ITTNighf Vision, where he was division president and general manager.
HelioVolt, whicu was founded in 2001, has raisedc more than $130 million in venture In 2007, the company closed on a $101 millio n Series B round of funding and received incentives from the city of Austin worthh morethan $600,000 after the companty considered locating its plant in Pennsylvania, New York and In March, HelioVolt raised $17.56 million in a planned $32 millionj round of financing. Seventeen investors have backerdthe company, according to filings with the U.S. Securitieas and Exchange Commission. Investors include the Masdae CleanTech Fund, , Paladinb Capital Group and Sequel Ventures.
The which operates a 125,000-square-foot manufacturing facilitg in Austin, plans to begin production laterthis year, officialds said.
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