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SolarCity Appoints Toby Corey as Chief Revenue Officer

Former USWeb co-founder, President and COO brings 20 years of executive management experience to clean energy leader

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SAN MATEO, Calif., Jan. 26, 2012—SolarCity®, a national leader in clean energy services, today announced the appointment of Toby Corey as chief revenue officer. Corey, co-founder and former president and chief operating officer of USWeb, Inc., will focus on transforming the ways in which consumers, businesses and government organizations can switch to cleaner energy at a lower cost, through a range of integrated solutions.

“It’s rare to find an executive that has such a strong track record in all the markets that SolarCity serves,” said Rive. “Toby has a deep passion for the environment and is committed to our continuing mission to make clean energy available at a lower cost than polluting energy.”

Corey helped grow USWeb/CKS into the world’s largest web development firm, with more than 5,000 employees, a $3 billion market capitalization and 25 percent of the Fortune 100 among its customer base. Prior to USWeb, he served as vice president at Novell’s $1.2 billion NetWare systems business. More recently, Corey co-founded and served as CEO of Intend Change, an incubator that launched more than half a dozen companies. Among those was Terravado, a provider of an employee-based environmentally-focused software service, where Corey also served as chairman and CEO.

“SolarCity completes a new clean energy project every 15 minutes of the workday,” said Corey. “This is a company that is changing the way we produce and use energy for the better, and I’m excited to be part of it.”

Corey actively supports a number of non-profits and charitable organizations, and currently serves on the board of directors of WildlifeDirect.org, Richard Leakey’s African Conservation Foundation and NorCal Telehealth, an organization that provides health education to underserved communities. He also teaches a course on entrepreneurship as an adjunct professor for Stanford University.