Akeena Solar Expands Board Of Directors Adds New Board Committees

Akeena Solar, Inc. a leading designer and installer of solar power systems, announced the expansion of its Board of Directors and appointed two new members.

Mr. George Lauro and Mr. Jon Witkin will be joining existing board members Ed Roffman and Barry Cinnamon. Akeena Solar also established an Audit Committee, a Compensation Committee, and a Corporate Governance and Nominating Committee, as well as adopted a Code of Ethics and Business Conduct, in preparation for submitting its listing application to NASDAQ.

George L. Lauro has joined Akeena Solar as a director. He is Founding Partner of Alteon Capital Partners, a Silicon Valley Venture Capital and Advisory Firm that provides direct venture investment and advisory services to private companies in the semiconductors, MEMS, electronics and cleantech sectors. Previously, he was Managing Director at two venture capital firms, Techfarm Ventures and Wasserstein Venture Capital. Lauro was also Director of Rapid Commercialization at IBM Headquarters. He is currently a Director on the Boards of ChipX and Pinyon Technologies. Lauro completed a Bachelors degree in Electrical Engineering from Brown University and a Master of Business Administration from Wharton Business School at the University of Pennsylvania.

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