Press release

[ BoxID 191179, Cooperations / Mergers ]  

Solar Semiconductor Announces AS Solar GmbH As a Strategic Partner

(pressebox) SUNNYVALE, 16.07.2008 - Solar Semiconductor, a rapidly growing producer of high-quality photovoltaic (PV) modules, today announced a strategic partnership with AS Solar GmbH, a premium re-seller of Solar PV products in Europe. Under this partnership Solar Semiconductor will supply to AS Solar, its high-quality modules for the European market. This multi-year partnership is valued at approximately $695 Million US (over € 445 M). Visit us at InterSolar NA, SF, CA., Booth 9024

A Partnership that Underscores the Focus on Performance and Quality

"Solar Semiconductor has achieved phenomenal success in the European market in a very short period of time primarily due to our emphasis on quality and partnering with companies which value quality and customer service above everything else. In AS Solar we have such a partner," said Hari Surapaneni, Founder and CEO of Solar Semiconductor. "We take great pride in our people, processes and partners. Insisting on the highest caliber in these three areas, combined with uncompromising attention to raw material quality, ensures a superior product that stands the test of time. Discriminating customers such as AS Solar appreciate the Solar Semiconductor difference."

"AS Solar owes its success to marketing only premium products and systems that are designed to last. Solar Semiconductor's strong commitment to performance and quality is very impressive and we are pleased to partner with them for the benefit of our European customers," commented Thomas Rust, CEO of AS Solar. "In addition to Solar Semiconductor's emphasis on superior products and service, their vision of social responsibility also matches our own support of environmental projects."

About Solar Semiconductor

Solar Semiconductor is a global company that produces innovative, high-quality PV modules using mono- and multi-crystalline cells and offers its products and services to the worldwide Solar PV module market. As a socially responsible, global energy producer, Solar Semiconductor offers an unwavering commitment to its customers. Awarded the prestigious ISO 9001 certification for its automated manufacturing plant Solar Semiconductor focuses its attention on customers' power and efficiency needs for today and tomorrow. For more information, visit www.solarsemiconductor.com.

Contact person:

Mrs. Meike Koithahn
Marketing
Phone: +49 (511) 45080710
Fax: +49 (511) 47557811
field of activity: Leiterin
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Mrs. Donna Candelori
Candelori Communications Inc.
Phone: +1 (408) 774-3414
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Mrs. Ravi Surapaneni
Phone: +91 (9246) 533789
field of activity: Solar Semiconductor Limited
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