“First R&D milestones met by establishing formulation of EVA encapsulant”

13 July 2008 – We are perfectly on track with our plan to formulate, compound and extrude different targeted encapsulant films. We are convinced small lab scale module will be available for demo purposes at the Valencia 2008 European Photovoltaic Solar Energy Conference and Exhibition. As planned a series of qualification testing will run around september, of which we will be able to select least one viable and commercially available film. Production capacity for 2009 has been secured and we plan to ramp up our production from 100 ton in 2009 up to 3000 ton in 2010.

Johan Declerck, CEO.