Clarus Capital Limited Appoints Alternative Energy Veteran John Carrington to Board


HONG KONG--(Marketwire - July 2, 2010) -  Clarus Capital Limited ("Clarus" or the "Company") is pleased to advise of the appointment today of Mr. John E. Carrington to its Board of Directors.

Mr. Carrington is uniquely qualified to offer timely oversight and insights gleaned from his outstanding career. He most recently held the position of Executive Vice President, Global Marketing & Business Development at First Solar, one of the fastest growing organizations in the solar-based alternative energy manufacturing sectors. Mr. Carrington directed First Solar's global sales and marketing, including targeted expansions in Europe and the launch of First Solar's entry into the United States, Middle East and China.

He brings extensive global marketing experience from his tenure at First Solar and previous leadership positions with General Electric spanning a period of over 15 years. Mr. Carrington also served as General Manager and Chief Marketing Officer of General Electric Plastics (sold and re-named SABIC Innovative Plastics). While at GE, he served as General Manager of automotive marketing in Tokyo; Pacific Marketing Director in Tokyo; and Commercial Director for GE's Noryl resin business in Selkirk, New York.

The Board and Management of Clarus welcome Mr. Carrington to his new role. The Company aims to continue the growth of its governance and administrative expertise with continued recruitment efforts to identify top candidates from the financial, industrial and alternative energy sectors.

Clarus Capital Limited is a financial advisory and private equity merchant banking firm focused on partnering with companies that have high growth potential. The team at Clarus has successfully partnered across a diverse range of commercial activities including clean-technology and consumer-products industries through resource sector opportunities throughout the globe with a considerable focus on identifying and participating in emerging trends across Asia. For more information, visit: www.claruscapital-hk.com or www.claruscapital.com.hk.

ON BEHALF OF THE BOARD

Clarus Capital Limited
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Marcus Laun, Director