aleo solar AG

aleo solar AG signs cell procurement agreement with ersol Solar Energy AG

-------------------------------------------------------------------------------- ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- companies Prenzlau/Oldenburg (euro adhoc) - aleo solar AG [ISIN: DE000A0JM634] today announced that it has signed a procurement agreement for solar cells with ersol Solar Energy AG (ISIN: DE0006627532). The contract, which runs from 2008 to the end of 2019, covers a volume of 253 megawatts. The agreement stipulates fair market prices, and initial deliveries will be made as early as this summer. Heiner Willers, member of the Management Board of aleo solar AG, comments: "We know that ersol produces to a high standard of quality and reliability. We have made the conscious decision to seek partnership with quality suppliers. In ersol, we have added yet another company to our base of cell suppliers which shares our understanding of quality. Dr. Claus Beneking, chairman of the Management Board of ersol Solar Energy AG, says: "By agreeing on fair market prices both partners act responsibly to ensure that they are able to offer their customers products at attractive prices." 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 2008. end of announcement euro adhoc -------------------------------------------------------------------------------- ots Originaltext: aleo solar AG Im Internet recherchierbar: Further inquiry note: Franz Nieper / Yvonne Meyer Investor Relations, Legal & Compliance Tel.: +49 (0)441-21988-770 E-Mail: 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 Börse Stuttgart / free trade Börse Düsseldorf / free trade Börse München / free trade

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