Perfectenergy International Limited Appoints Yajun Wu to Its Board of Directors

Tue Dec 4, 2007 9:40pm EST
 
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SHANGHAI, China, Dec. 4 /PRNewswire-FirstCall/ -- Perfectenergy
International Limited (OTC Bulletin Board: PFEN) is pleased to announce that
Yajun Wu has joined its Board of Directors.
Mr. Wu has over a decade of senior level financial management experience
at major, multinational telecommunications companies, currently serving as
Executive Vice President and Deputy Chief Financial Officer of Alcatel
Shanghai Bell Co., Ltd.
    Prior to beginning his work in the private sector, Mr. Wu served for five
years as a Professor of Finance and Economics at Shanghai University.  Mr. Wu
holds a BS and MS in Economics, as well as an Executive MBA.  Mr. Wu is also
registered as a Certified Public Valuator (CPV) and Certified Public
Accountant (CPA).
    About Perfectenergy International Limited
    Perfectenergy International Limited designs, manufactures, and markets
customized and standard photovoltaic ("PV") solar cells, modules and systems
for the worldwide solar market.  Perfectenergy currently sells its products
into Europe and Asia. The Company began producing its solar products in 2005
from its sophisticated 67,000-square foot manufacturing plant in Shanghai,
China.
    The full details of the transactions described in this press release can
be found in our filings with the Securities and Exchange Commission.
    Safe Harbor Statement
    This press release contains forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995 involving known and
unknown risks, delays, and uncertainties that may cause the our actual results
or performance to differ materially from those expressed or implied by these
forward-looking statements. These risks, delays, and uncertainties include,
but are not limited to: risks associated with the uncertainty of future
financial results, our reliance on our sole supplier, the limited
diversification of our product offerings, additional financing requirements,
development of new products, government approval processes, the impact of
competitive products or pricing, technological changes, the effect of economic
conditions and other uncertainties detailed in the Company's filings with the
Securities and Exchange Commission. The Company undertakes no obligation to
update any forward-looking statements.
SOURCE  Perfectenergy International Limited

Corporate Information of Perfectenergy International Limited, +86 (21)
54888436, fax, +86 (21) 54888243

 

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