Cleantech Expert Jonathan Schultz, M.D., Joins Ritter Group

Ritter Group, the Jerusalem based venture capital, today announced that Jonathan Schultz, M.D., has joined the firm as a Partner. End Quote

(1888PressRelease) March 04, 2011 - Schultz Brings Proven Approach to Help Entrepreneurs Build Transformational Cleantech Companies

Ritter Group, the Jerusalem based venture capital, today announced that Jonathan Schultz, M.D., has joined the firm as a Partner. He will provide counsel and guidance to the firm's network of cleantech entrepreneurs.

For more than 12 years, Schultz has worked with entrepreneurs to advance renewable energy technology through innovation. Schultz most recently served as the executive director of business development at a major solar panel development corporation. He led global teams for in-licensing, and merger and acquisition transactions.

"Ritter Group has a history of supporting cutting-edge advancements in clean technology and is known as a highly strategic resource for entrepreneurs and scientists. I look forward to working with a group of professionals I've long respected," said Schultz. "I am eager to begin supporting entrepreneurs and companies that can change the face of renewable energy."

"Jonathan is a great addition to the cleantech team at Ritter Group. His experience in business development at one of the most successful clean technology companies, in addition to his domain knowledge and business training, will be a great complement to our existing team," said Ritter Group's Gabriel Cohen.

Schultz has always been interested in the business side of sustainable energy technology and is excited by the potential to help a far larger number of people. Having performed primary research in organic photovoltaic cells, he is especially passionate about working with solar technology.

With both an engineering and business background, Schultz bridges the gap between the scientific and business communities. Schultz received his Ph.D. in electrical engineering and computer science from the University of New South Wales in Australia.

Ritter Group has partnered with scientists and entrepreneurs to build several companies and their breakthrough products in online retail, healthcare, financial services, cloud computing, data security, and clean technology. The Company works shoulder to shoulder with teams in their portfolio companies to pioneer graphene organic photovoltaic research.

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