WATERLOO, ON,
"We have taken another significant and important step forward in our silicon feedstock development project," said
ARISE's silicon feedstock development project is being partially funded by Sustainable Development Technology
"ARISE's technology has the potential to increase efficiency while also reducing the high cost of producing PV cells, a major issue currently facing the PV solar industry," said Vicky J. Sharpe, President and CEO of SDTC. "The achievement of this significant milestone in the silicon feedstock development project represents an important step forward for the PV solar industry in
"Having achieved this milestone in our development program, ARISE is displaying at the 24th European Photovoltaic Solar Energy Conference and Exhibition being held in
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
The company's shares are listed on the
About SDTC
Sustainable Development Technology
SDTC operates two funds aimed at the development and demonstration of innovative technological solutions. The
SDTC operates as a not-for-profit corporation and has been working with the public and private sector including industry, academia, non-governmental organizations (NGOs), the financial community and all levels of government to achieve this mandate.
Forward-Looking Statements
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, uncertainties associated with legal proceedings and negotiations, industry supply levels, competitive pricing pressures and misjudgments in the course of preparing 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.
%SEDAR: 00017494E
SOURCE ARISE TECHNOLOGIES CORPORATION
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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