ARISE Technologies to hold Annual General and Special Meeting of Shareholders on June 24, 2011

WATERLOO, ON, June 16, 2011 /CNW/ - ARISE Technologies Corporation (TSX: APV and Frankfurt: A3T), a leader in high-performance, high quality, cost-effective solar technology, will hold its Annual General and Special Meeting of Shareholders on Friday, June 24, 2011.

WHAT:             Annual General and Special Meeting of Shareholders
             
WHERE:           


University Club, University of Waterloo
200 University Ave. West,
Waterloo, Ontario,
N2L 3G1
             
WHEN:          
June 24, 2011
9:30 a.m.

Special Note to Shareholders

To vote, please refer to the online/telephone voting instructions found in your shareholder package or visit the Investor section of the ARISE website at www.arisetech.com for more details.

If you have not yet received your materials please contact the Investor Services department at Equity Financial Trust at: investor@equityfinancialtrust.com to receive specific voting instructions.

Shareholder Inquiries:
Equity Financial Trust Company
Email:  investor@equityfinancialtrust.com
Fax:  (416).595.9593

About ARISE Technologies
ARISE Technologies Corporation, based in Waterloo, Ontario, is 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 has been providing rooftop and ground-mounted PV solutions since 1996. ARISE is planning to expand its systems business in Ontario under the Ontario FIT (Feed-In Tariff) 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 and Risk Factors
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, the requirement for additional capital, high debt levels, negative working capital levels, lack of profitability, risks associated with manufacturing, industry supply levels, competitive pricing pressures and misjudgements in the course of preparing forward-looking statements.

Risk factors relating to ARISE are discussed in the Risk Factors section of ARISE's Annual Information Form and under the headings Liquidity and Capital Resources and Risk and Uncertainties in ARISE's year-end Management's Discussion and Analysis which are or will be available at www.sedar.com.  These factors should be considered carefully, and readers should not place undue reliance on ARISE's 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. 

 

SOURCE ARISE Technologies Corporation

For further information:

ARISE Technologies Corporation
65 Northland Road, Waterloo, Ontario, Canada N2V 1Y8
Doug McCollam, Chief Financial Officer, (519) 772-5706
Doug.McCollam@arisetech.com
www.arisetech.com

Investor Relations
Glen Williams
The Equicom Group
(416) 815-0700 ext. 272
gwilliams@equicomgroup.com

Profil de l'entreprise

ARISE Technologies Corporation

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