ARISE Technologies presents at Germany Trade and Invest Event
Wednesday June 10, 2009, 9:17 am EDT
WATERLOO, ON, June 10 /CNW/ - ARISE Technologies Corporation (TSX: APV and Frankfurt: A3T) PV Systems Division President and company founder, Ian MacLellan, addressed an audience of German and Canadian delegates at a trade and investment event organized by the Canadian German Chamber of Industry and Commerce Inc. The purpose of the event, held at the Gardiner Museum in Toronto on June 9, 2009, was to explore investment perspectives and opportunities in Germany. Mr. Matthias Hoepfner, Ambassador of the Federal Republic of Germany delivered welcoming remarks. This was followed by keynote speeches by Mr. MacLellan and Mr. Peter Alltschekow, Director Eastern Germany, Germany Trade and Invest (GTAI).
"I am personally delighted and honoured to address this audience this year and to report on the progress ARISE has made in our new PV cell manufacturing plant located in Bischofswerda, Germany which opened in April 2008," said Ian MacLellan.
"The GTAI was instrumental in bringing key partners together to assist ARISE in building and financing our state of the art plant, and they continue to be incredibly supportive of ARISE. We value these ties and look forward to developing new relationships as we continue to grow our business," added Vern Heinrichs, President and Chief Executive Officer.
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%. The PV Silicon Division is using a proprietary method to produce silicon at 7N+ high-purity (99.99999% purity) for PV cell applications, based on a simplified chemical vapor 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 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.
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
