First Solar Hires Larry Polizzotto as Vice President, Investor Relations


TEMPE, Ariz., April 24, 2008 (PRIME NEWSWIRE) -- First Solar, Inc. (Nasdaq:FSLR) announces the appointment of Larry Polizzotto as Vice President, Investor Relations, based at the Company's headquarters in Tempe, AZ. In this new position, Mr. Polizzotto will act as a liaison between First Solar and its stockholders and will report to Jens Meyerhoff, Chief Financial Officer.

"The scope of our investor relations requirements has grown significantly since our IPO in November of 2006. Larry brings 23 years of experience developing Investor Relations capabilities, providing a high level of service and responsiveness to investors," said Jens Meyerhoff, Chief Financial Officer.

Prior to joining First Solar, Mr. Polizzotto gained financial, technology and business experience at IBM and Dell where he held director and senior management roles in investor relations, corporate and strategic planning, finance, and business and technology development.

Mr. Polizzotto earned his MBA in Finance and Marketing from the Indiana University Kelley School of Business and his Bachelor of Science degree in Engineering from Purdue University.

About First Solar, Inc.

First Solar, Inc. (Nasdaq:FSLR) manufactures solar modules with an advanced thin film semiconductor process that significantly lowers solar electricity costs. By enabling clean renewable electricity at affordable prices, First Solar provides an economic alternative to peak conventional electricity and the related fossil fuel dependence, greenhouse gas emissions and peak time grid constraints.

The First Solar, Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3052

For First Solar Investors:

This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the company's business involving the company's products, their development and distribution, economic and competitive factors and the company's key strategic relationships and other risks detailed in the company's filings with the Securities and Exchange Commission. First Solar assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.


            

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