ARISE Technologies Corporation Announces Signing of Customer Agreement

    WATERLOO, ON, Jan. 10 /CNW/ - ARISE Technologies Corporation ("ARISE" or
the "Company") (TSX: APV) announced today that its wholly owned subsidiary
ARISE Technologies Deutschland GmbH ("ARISE Germany"), has entered into an
agreement with SOLON AG ("SOLON") of Germany to supply photovoltaic (PV)
    Under the terms of the agreement, ARISE Germany will supply SOLON with
212 megawatts of PV cells over a five year period. Produced at ARISE Germany's
high-efficiency PV cell production facility in Bischofswerda, shipments will
commence in second quarter 2008 and continue through December 2012. The first
year of the five year agreement is take or pay, with subsequent pricing to be
negotiated on a year by year basis.
    Commenting on the agreement, Chris Waters, Vice President, Business
Development for ARISE remarked, "We are pleased to sign this agreement with
SOLON and view our partnership as an endorsement of our high efficiency
product roadmap. We are particularly thrilled to have SOLON as our first major
customer in the important German marketplace."

    About ARISE

    ARISE Technologies is dedicated to accelerating the use of solar energy
in mainstream markets. 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 and

    About SOLON AG

    SOLON AG fur Solartechnik (DE0007471195) is one of the largest solar
module manufacturers in Europe and a leading supplier of photovoltaic systems
for large-scale solar power plants. The SOLON Group has subsidiaries in
Germany, Austria, Italy, Switzerland, and the U.S. and employs more than 700
people worldwide. The SOLON Group's core business is the manufacture of solar
modules in various performance categories and of complete photovoltaic systems
for the construction of solar power plants. Additional information is
available at

    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.

    %SEDAR: 00017494E

For further information:

For further information: ARISE Technologies Corporation, 65 Northland
Road, Waterloo, Ontario, Canada, N2V 1Y8, Gordon Jekubik, Vice President &
Corporate Secretary, (519) 772-5710,,, TSX: APV, ADAX: A3T; SOLON AG, Ederstrasse 16D, 12059
Berlin, Germany, Therese Raatz, Corporate Communications, 49 (0)30 /81 87
9-100,,, XET, Stock ticker: DE0007471195

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