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aleo solar AG

aleo solar AG signs cell procurement agreement with Q-Cells AG

Prenzlau/Oldenburg (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies
aleo solar AG [ISIN: DE000A0JM634]
today announced that it has signed a procurement agreement for solar 
cells with Q-Cells AG (QCE; WKN 555866). This contract, which runs 
from 2008 to the end of 2019, covers a volume of at least 1,270 
megawatts, with an option to expand up to a total volume of 2,270 
megawatts. There will be no industry-typical advance payments; 
pricing is oriented on market trends.
aleo solar AG is significantly expanding its business relations with 
Q-Cells AG. "We are producing more and more modules in more and more 
countries at a consistently high premium quality," says Heiner 
Willers, member of the Management Board of aleo solar AG. "We can do 
this because we have the necessary production expertise and pay 
attention to a select quality in our materials. With Q-Cells, we have
the world's largest solar cell manufacturer on board. Our previous 
experience with QCells has been excellent. We are now continuing this
high-quality partnership."
Both domestically and internationally, aleo solar AG is 
systematically pursuing its growth targets. Currently, production 
capacities are being expanded from 100 to 180 megawatts by the end of
2009. "We continue to believe in quality, a strong brand and absolute
customer focus in sales. With a strong partner at our side, we are 
creating the foundation for the sustainable pursuit of our ambitious,
growth-oriented goals," says Jakobus Smit, CEO of aleo solar AG.
end of announcement                               euro adhoc

Further inquiry note:

Franz Nieper / Yvonne Meyer
Investor Relations, Legal & Compliance
Tel.: +49 (0)441-21988-77
E-Mail: Invest@aleo-solar.de

Branche: Alternative energy
ISIN: DE000A0JM634
WKN: A0JM63
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
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