Deeya Energy Inc.

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June 30, 2010 – FREMONT, CA – Deeya Energy, a leading provider of next-generation, green energy storage solutions, has announced the appointment of cleantech veteran Dr. J. Kelly Truman to the position of President and CEO. Dr. Truman comes to Deeya Energy from Fremont-based solar panel manufacturer Solyndra, where he was a founding team member and Senior Vice President. During his time at Solyndra, Dr. Truman led Marketing, Sales, Business Development, Customer Service, Government Affairs, Intellectual Property and Corporate Communications. He was instrumental in each of Solyndra’s major capital raises, in securing its $535M US Department of Energy guaranteed loan and in developing the sales pipeline that led to revenues of over $100 million in its most recent fiscal year. “This is a time of great opportunity and expansion for Deeya Energy,” said Ravi Viswanathan, Deeya Energy board member and general partner of NEA, where he focuses heavily on energy and cleantech investments. “Kelly is a proven renewable energy industry veteran who brings extensive experience as a technologist, entrepreneur, marketer and executive manager. We are delighted to have him on board and look forward to Deeya rapidly expanding its presence in the energy storage market.” “The ability to store energy is one of the important keys to enabling the next generation of energy technology,” Dr. Truman said. “Cost-effective storage solutions for solar, wind and grid power will fuel the next stages of renewable energy adoption and bring about even greater adoption of green energy. Deeya Energy is on the forefront of those storage solutions, and I am excited about the opportunity to lead an incredibly talented team as we expand into this rapidly developing market.” Dr. Truman’s appointment follows twelve months of continued customer deployments and an accelerated manufacturing ramp at Deeya Energy. Notably, Deeya remains the sole advanced energy storage start-up with environmentally friendly systems in production and in the field. Deeya’s success is attributable to fundamental innovations that have redefined energy storage as it’s been understood and implemented for decades: what was once toxic, inefficient and expensive is now green, highly-efficient and cost effective. These advancements are finally making green energy storage practical enough for use in a wide variety of applications and industries. “In addition to his technical and management expertise, Kelly has demonstrated his entrepreneurial passion in renewable energy,” said Dr. Saroj Sahu, founder and CTO of Deeya. “Kelly is uniquely qualified to drive the convergence of renewable energy and advanced energy storage. We’re looking forward to his vision and leadership as Deeya expands its technology and markets.” Prior to his work at Solyndra, Dr. Truman was Vice President of Marketing at ReVera Incorporated, a provider of metrology used to monitor and control films and critical layers deployed in the semiconductor manufacturing process.

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