Aurora Solar Technologies announces addition of John McNicol to the Board of Directors

Aurora Solar Technologies has named John McNicol to the Board of Directors. McNicol brings in a proven track record of building high growth international companies from early start up through periods of substantial asset investment, rapid sales growth and significant shareholder value appreciation.

McNicol was formerly the President and Co-CEO of Enwave Corporation where he helped build the company’s strategy, royalty revenue streams, licensing and collaboration agreements with leading global players. He raised more than $42 million in financing and improved the liquidity and market value from $8 million to $120 million. Before Enwave, McNicol held positions as President, COO and Director of Concert Industries Ltd. and Merfin International Inc, where he helped both the companies arrange more than $400 million in financing to support capacity expansion in Canada, Europe and the United States.

“John joins Aurora just as we are experiencing record orders for our solutions and he will play a key role in helping us build and acquire the assets we need to grow and deliver shareholder value,” said Michael Heaven, Chairman of the Board.

John McNicol speaking on the occasion said “I am pleased to join Aurora as a Director during a period of rapid growth and technology advancement in the Solar industry. Michael and his experienced management team have demonstrated the vision and determination to create new technology which has attracted commercial interest from leading multinational Solar energy producers and should position Aurora as a quality solution industry leader in the years to come.“