ARISE Announces Issuance of Notice of $250,000 Drawdown under Committed Equity Facility

Press Release Source: ARISE Technologies Corporation On Wednesday August 31, 2011, 5:00 pm

WATERLOO, ON, Aug. 31, 2011 /CNW/ - ARISE Technologies Corporation (TSX: APV and Frankfurt: A3T), a leader in high-performance, high-quality, cost-effective solar technology, today announced that it has issued a drawdown notice under its Committed Equity Facility Agreement with Haverstock Master Fund, Ltd. ("Haverstock") entered into with Haverstock in December 2009 . The drawdown notice is in respect of a drawdown of $250,000 . Closing of the drawdown is scheduled to be completed on or about September 7, 2011 .

The facility agreement, the base shelf prospectus, the prospectus supplement, and the pricing supplements are available on SEDAR at www.sedar.com and on ARISE's website at www.arisetech.com. This news release does not constitute an offer to sell ARISE securities or the solicitation of an offer to buy ARISE securities, nor is there to be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

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