Wednesday, September 19, 2007

Octillion Appoints Alastair Livesey As Director

Auburn Hills, MI, based Octillion Corp. (OTCBB:OCTL), which is developing a transparent window capable of generating electricity, has announced the appointment of Dr. Alastair K. Livesey to the Companys Board of Directors. Dr. Livesey is currently a consultant in the renewable energy field and the former Executive Manager of New Business Development and Strategic Planning at Energy Conversion Devices, Inc. (ECD). During his tenure at ECD, Dr. Livesey conducted financial evaluations and prioritization of solar research and development projects, conducted strategic studies of photovoltaic manufacturing expansion options, designed budgetary controls for multiple $60 million-plus capital building projects, and participated in efforts to raise $350 million by public stock offering. Dr. Livesey also served as Director of Business Development and Architecture Design for the developmental Cognitive Computer program and as Director of the Hydrogen Energy Systems business unit during his six years with the company. He holds a Ph.D. in Experimental Physics (Amorphous Materials, Physics, Metallurgy, and Materials Science) from the Cavendish Laboratory of Physics at Cambridge University, an M.A. degree in Science, and a B.A. degree in Crystallography, Physics, Chemistry, and Math.

Octillion Corp. is a technology incubator focused on the identification, acquisition, development and eventual commercialization of emerging solar energy and solar-related technologies. Among its current research and development activities is the development of a patent-pending technology that could adapt existing home and office glass windows into ones capable of generating electricity from solar energy without losing significant transparency or requiring major changes in manufacturing infrastructure.