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:
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