Dr. Ashok Sood is President, Chief Executive Officer and a Director of Magnolia Solar Corporation.. He is a 35-year industry veteran with experience that includes developing and managing solar cells, optical, and optoelectronics technology products for several major corporations, including Lockheed-Martin, BAE Systems, Loral, Honeywell, and Tyco International. Dr. Sood was instrumental in development and managed optical and optoelectronics technology for these companies as a TechnologyManager in the optoelectronics group and worked to develop ribbon silicon solar cells, CdTe, CdS and HgCdTe, GaN/AlGaN, ZnO semiconductor devices. Many of the technologies and products developed have become large product lines at these companies.

Dr Sood was involved in design and development of solar cells at Mobil-Tyco Solar Energy Corporation now under the management of RWE-Schott Solar. He contributed to design and development of Silicon Ribbon solar cells and was instrumental in design improvements to enhance the solar cell efficiency of EFG ribbon solar cells. Dr Sood was also Senior Engineer at Tyco Laboratories, Inc., (Now Tyco International) where he built and set up optical and electronic measurement facilities for silicon p-n junction solar cells and developed processes for building high efficiency solar cells for space applications. This work led to a joint venture with Kyoto Ceramics in Japan.

Dr. Sood has also led the development of optoelectronics and imaging devices for various defense applications, including EO, IR and UV imaging, secure communications, and self-protection applications. Dr. Sood has led the efforts resulting in DARPA/DoD sponsorship of several Magnolia projects. He has also led various industry and University teams bridging centers of excellence for material sciences across the United States. Dr. Sood received his Ph.D. and M.S. in Engineering from the University of Pennsylvania and has an M.S. and a B.S. in Physics (Honors) from Delhi University in India.

Dr. Yash R. Puri is Executive Vice President, Chief Financial Officer and a Director of the Magnolia Optical. He has many years of photovoltaic technology and applications experience both in the private sector and in the academia. Previously Dr. Puri was VP of Finance for GT Equipment Technologies, Inc., (presently known as GT Solar, Inc., a an equipment manufacturer serving the semiconductor and the photovoltaic industries. He helped this high technology startup, formed in 1994, to grow to revenue of about $20 million. The company won rewards and considerable recognition; it was a New England finalist in the Ernst & Young Entrepreneur of the Year award.

Dr. Puri is also a Professor of Finance at the University of Massachusetts and has been Chairman of the Management and Finance Department, and acting Associate Dean. In these positions, he successfully managed several externally funded projects and gained experience in technology and growth management. Dr. Puri holds a B.S. in Physics, a M.S. in Solid State Physics, and a M.B.A. from the University of Delhi. He also holds a M.B.A. in Finance and a D.B.A. in International Business from Indiana University, Bloomington.

Mr. Egerton is executive vice president for product development at Magnolia Solar. Mr. Egerton has over thirty years of experience in development of microelectronics, optoelectronics and nanotechnology specifically in silicon, GaAs, HgCdTe, ZnO devices and processes. Mr. Egerton has the experience and the expertise in taking R+D technologies and transitioning it to manufacturing and reducing product costs. He has developed both electronic and optical devices and associated fabrication process while improving yield and lower cost for several technologies.

He has a broad range of experience including IBM, Draper Lab, Honeywell, Loral, Nantero and Lockheed Martin. Mr. Egerton holds a bachelor degree in physics from the Evergreen State College, a Masters in Government and Management from Harvard University and an Advanced Diploma in Entrepreneurship from the University of Cambridge. He also attended Stanford University studying electronic device design and processing and sustainable energy conversion and storage. Mr. Egerton is co-inventor on 4 patents and five pending patents. He has authored and co-authored twenty two publications in technologies that can be applied to photovoltaic solar cells.

Dr. Roger E. Welser is the Chief Technology Officer at Magnolia Solar, Inc, where he is responsible for leading the development of next-generation solar cells employing advanced nanostructured materials and coatings. Prior to joining Magnolia in August of 2009, Dr. Welser served as Director of Technology and New Product Development at Kopin Corporation, a leading manufacturer of III-V device materials and innovator in the area of nanosemiconductor materials. At Kopin, Dr. Welser conceived, developed, and deployed a next generation III-V transistor structure for power amplifiers in mobile phone products. Dr. Welser has also pioneered the development of quantum structured and other advanced solar cell designs, and was a Fellow of the NASA Graduate Student Researcher's Program. Dr. Welser received his Ph.D. in Applied Physics from Yale University in 1995 and an undergraduate degree with honors in Physics from Swarthmore College in 1989.