ARISE Technologies Corporation Announces Signing of Silicon Wafer Supply Agreement



    WATERLOO, ON, Dec. 12 /CNW/ - ARISE Technologies Corporation (TSX-V: APV,
ADAX: A3T) announced today that its wholly owned subsidiary ARISE Technologies
Deutschland GmbH (ARISE Germany), has entered into a silicon wafer supply
agreement with Sino-American Silicon Products Inc. (SAS) of Taiwan.
    Under the terms of the agreement, SAS will supply silicon wafers to ARISE
Germany's 80MW photovoltaic (PV) cell production facility in Bischofswerda,
Germany commencing January 1, 2008 through to December 31, 2010. The
three-year agreement consists of approximately 14MWs of wafers. This is the
first of what the Company expects will be a series of short-term supply
agreements.
    Commenting on the agreement, Ian MacLellan, ARISE President and CEO
remarked "We look forward to our partnership with SAS, and are particularly
pleased with this agreement which strengthens our wafer supply position in the
short term."
    ARISE previously announced it had signed a 200MW silicon wafer supply
agreement with Deutsche Solar AG of Germany.

    About ARISE
    ARISE Technologies is dedicated to accelerating the use of solar energy
in mainstream North American markets. The Company's shares are listed on the
TSX Venture 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.

    About SAS

    Sino-American Silicon Products Inc. specializes in the manufacture of
small and medium diameter silicon wafers. Core products include: silicon based
materials for solar cells, power devices, energy-related products, consumable
ICs, and Tele-communication devices. SAS is constantly developing new
silicon-based processes and materials to serve global customer needs.
www.saswafer.com

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    Certain statements contained in this press release may be considered as
    forward-looking. Such forward-looking statements are subject to risks
    and uncertainties that could cause actual results to differ materially
    from estimated or implied results. The TSX Venture Exchange has neither
    approved nor disapproved the contents of this news release.
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    %SEDAR: 00017494E




For further information:

For further information: Contacts: ARISE Technologies Corporation, 65
Northland Road, Waterloo, Ontario, Canada, N2V 1Y8, Ian MacLellan, President &
CEO, (519) 725-2244 Ext. 5707, ian.maclellan@arisetech.com, www.arisetech.com,
TSX-V Exchange: APV, ADAX: A3T.; Sino-American Silicon Products Inc., No.8,
Industrial East Road 2, Science-Based Industrial Park, Hsinchu, Taiwan,
R.O.C., Andrew Lu, CFO, 886-3-577-2233 Ext. 208, AndrewLu@saswafer.com,
www.saswafer.com, R.O.C. OTC Exchange, Stock ticker: 5483

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ARISE TECHNOLOGIES CORPORATION

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