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CTDC Announces Appointment Of Chief Operating Officer And Chief Technology Officer

HONG KONG, Dec. 14, 2010 (GLOBE NEWSWIRE) -- China Technology Development Group Corporation ("CTDC", the "Company" or "we") (Nasdaq:CTDC), a growing clean energy group based in China to provide solar energy products and solutions, announced today that the Board of Directors has appointed Mr. Liao Lin-Hsiang as the Chief Operating Officer and Mr. Bruno Diaz Herrera as Chief Technology Officer of the Company effective from December 13, 2010. Mr. Lu Zhenwei has resigned as Chief Operating Officer, while continuing being an Executive Director of the Company.

Mr. Liao Lin-Hsiang, the Chief Operating Officer, will be responsible for operation management of the Company and its subsidiaries. Mr. Liao is the founder and Chief Executive Officer of Linsun Renewable Energy Corporation Limited ("LSR") and has been serving as the General Manager of Linsun Power Technology (Quanzhou) Corp. Ltd. ("LSP") since 2009. Both LSR and LSP have become wholly-owned subsidiaries of the Company since November 23, 2010. Mr. Liao is familiar with the photovoltaic ("PV") market in Europe with seasoned experiences in operation, production management and marketing. Prior to establishing LSR, Mr. Liao worked as the senior management in several renowned corporations. Mr. Liao holds a Bachelor degree in Computer Science from Oxford Brookes University in the United Kingdom.  

Mr. Bruno Diaz Herrera, the Chief Technology Officer, will be responsible for the technology management, product development and R&D strategy of the Company and its subsidiaries. Prior to joining CTDC, Mr. Herrera, active part of the team for the Research Program of Focus-Abengoa-Fedea, worked as senior technical and research advisor for major corporations as Siemens and ITER and also served as Professor in the Master Program in Renewable Energies at University of La Laguna in Spain. Mr. Herrera is an expert with practical experiences in PV industry, who has been engaged in design and operation of several solar modules production facilities as well as design and installation of some PV application projects and has a wide background in research of solar cell efficiency improvements. Mr. Herrera holds Bachelor Degree on Physics, Engineering Degree on Industrial Engineering, Engineering Degree on Electronics at the University of La Laguna in Spain and Master Degree of Business Administration. Mr. Herrera is fluent in Spanish, English, French, German and Italian. 

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