ARISE Technologies Produces First PV Cells on Line 2

WATERLOO, ON, March 10 /CNW/ - ARISE Technologies Corporation (TSX: APV
and Frankfurt: A3T), which is dedicated to becoming a leader in
high-performance, cost-effective solar technology, today announced that its
photovoltaic (PV) cell manufacturing plant in Bischofswerda, Germany has
produced its first PV cells on line 2 on schedule.

As planned, ARISE is using a production process on line 2 that produces
mono-crystalline PV cells which is expected to result in efficiencies of up to
18% when fully optimized. The PV cells initially produced on line 2 achieved
an efficiency range of 15.14% to 15.95%. These cells are in the standard 156
mm x 156 mm pseudo-square format. The process optimization-commissioning phase
has just started and the company expects to increase the cell efficiency level
leading up to completion of the Site-Acceptance-Test (SAT) in the
second-quarter. The company plans to ramp up commercial production on line 2
as orders from customers confirm volume requirements.

"We are very pleased with these initial test runs of PV cells and
attribute this success to our team and our suppliers having more experience
with the technology and processes. This is a good indication that we will have
a smoother line 2 commissioning and ramp-up compared with line 1 following its
start up last April," said Vice-President and General Manager of ARISE
Technologies Deutschland GmbH (ARISE Germany), Sjouke Zijlstra.

"We congratulate all of our ARISE Germany team, and all our partners and
suppliers" said the company's interim President and Chief Executive Officer
Vern Heinrichs.

"In the coming weeks, we will ship samples from line 2 to our customers
for qualification and will plan commercial production based on orders. Our
customers have indicated solid interest in our new higher-efficiency products.
Over time, as we proceed with some proprietary enhancements and process
optimizations, we expect these mono-crystalline PV cells to achieve an
efficiency of up to 18%. The combination of line 1 and line 2 provides us with
the ability to ship more than 80MW of PV cells per year with the flexibility
to meet the requirements of our customers with both high-quality
multi-crystalline and mono-crystalline products," said Mr. Heinrichs.

Photographs of line 2 can be viewed on the ARISE website at
www.arisetech.com.

About ARISE Technologies
ARISE Technologies Corporation, based in Waterloo, Ontario, is dedicated
to becoming a leader in high-performance, cost-effective solar technology. The
company operates through three divisions. The PV Cell Division manufactures PV
(photovoltaic) cells at its first manufacturing plant opened in April 2008 in
Bischofswerda, Germany. The division is developing proprietary technology with
a target of achieving a step-by-step progression to a high-efficiency level of
greater than 20 percent. The PV Silicon Division is using a proprietary method
to produce silicon at 7N+ high-purity (99.99999 percent) for PV applications,
based on a simplified chemical vapour deposition process. The division is
focusing on scaling up its process to provide ARISE with control over its
supply, costs, and quality. The PV Systems Division provides complete turnkey
PV solutions for solar farms and rooftop installations under the Ontario
Renewable Energy Standard Offer Program.

The company's shares are listed on the Toronto Stock Exchange under the
symbol APV and on the Frankfurt Open Market Exchange under the symbol A3T.
Additional information is available at www.arisetech.com and www.sedar.com.

Forward-Looking Statements
Certain statements in this news release may be considered to be
forward-looking. Such statements are based on management's current
expectations, estimations, and assumptions based on experience, trends, and
other factors that are subject to the significant risks and uncertainties
described in our regulatory filings. Please refer to these. Such risks and
uncertainties may include, but are not limited to, the effects of general
economic conditions, changing foreign exchange rates, actions by government
authorities, uncertainties associated with legal proceedings and negotiations,
industry supply levels, competitive pricing pressures and misjudgments in the
course of preparing forward-looking statements. ARISE assumes no obligation to
update any forward-looking statements or to update the reasons why actual
results could differ from those reflected in the forward-looking statements.

%SEDAR: 00017494E

For further information: ARISE Technologies Corporation, 65 Northland
Road, Waterloo, Ontario, Canada, N2V 1Y8, Dave Chornaby, Chief Financial
Officer, (519) 772-5732, Dave.Chornaby@arisetech.com, www.arisetech.com