ARISE Technologies Issuing Second-Quarter Financial Results August 11; Conference Call at 8:30 a.m. (EDT) August 12



    WATERLOO, ON, Aug. 5 /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 it will release
financial results for its fiscal 2008 second-quarter and first-half results
after the Toronto Stock Exchange market closes on Monday, August 11, 2008.
    ARISE is initiating holding conference calls and webcasts following the
issuance of each quarter's results and will hold a conference call for
analysts and investors at 8:30 a.m. (Eastern) on August 12. The company will
file its second-quarter news release, financial statements, and Management
Discussion and Analysis with SEDAR and these documents will be available on
ARISE's website prior to the conference call.
    Bart Tichelman, President and Chief Executive Officer, and Dave Chornaby,
Chief Financial Officer, will be available to answer questions during the
call.
    To participate in the call, please dial 416-644-3420 or 1-800-732-1073
(Canada and the U.S. only) at least five minutes prior to the start of the
call.
    A live audio webcast of the conference call will be available at
www.newswire.ca and www.arisetech.com.
    An archived recording of the call will be available at 416-640-1917 or
1-877-289-8525 (Canada and the U.S. only) (Passcode 2128734 followed by the
number sign) from 10:50 a.m. on August 12 to 11:59 p.m. on August 20. An
archived recording of the webcast will also be available at ARISE's website.

    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 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.

    %SEDAR: 00017494E




For further information:

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

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ARISE TECHNOLOGIES CORPORATION

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