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aleo solar AG

aleo solar is granted right to distribute thin film solar modules

Prenzlau / Brandenburg (Havel) (euro adhoc) -

Developer of CIGSSe thin film solar technology has been nominated for
the World Clean Energy Award
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies
aleo solar has been
granted the right to distribute up to 80 percent of Johanna Solar 
Technology´s CIGSSe thin film solar modules under the aleo brand name
for at least five years. Jakobus Smit, chairman of the Management 
Board of aleo solar AG, is very optimistic: "Innovative thin film 
solar technology has always been a key element of our strategy. We 
acquired an interest of 19 percent in Johanna Solar Technology early 
on in order to ensure our access to this thin film technology. The 
current agreement takes us a decisive step forward in that it also 
gives us access to these innovative modules. Interest in these 
modules is extremely high in all of aleo solar´s markets. This 
underscores our innovative capabilities because the thin film solar 
modules are the second quality product in our portfolio that we plan 
to market in large quantities." Both companies will cooperate in the 
product launch. aleo solar will be responsible for product branding 
while Johanna Solar Technology will be responsible for technology 
branding. Jeroen Haberland, managing director of Johanna Solar 
Technology, describes the product´s cutting-edge technology as 
follows: "CIGSSe technology permits high levels of efficiency, thus 
ensuring that crystalline solar modules do not outperform our 
modules." Jakobus Smit adds: "These modules are a very good fit for 
aleo because our premium brand stands for both efficiency and 
excellent quality. Besides, thin film solar modules perform 
exceedingly well in hot environments as well, making them perfect for
our internationalization strategy in Southern Europe." aleo solar 
will introduce the new module´s prototype at the 22nd European 
Photovoltaic Solar Energy Conference in Milan, Italy, this September 
. The inventor of the thin film technology, Professor Vivian Alberts,
has been monitoring the construction of the production plant in 
Brandenburg/Havel, Germany, since the beginning of this year. He has 
now been nominated for one of the World Clean Energy Awards. 
Professor Alberts´s unique technology makes it possible to produce 
modules on the basis of CIGSSe — a combination of five elements 
(copper, indium, gallium, sulphur and selenium) — on an industrial 
scale. The prize is being awarded for the first time this year. The 
jury is composed of high-caliber individuals, among them James Leape 
(Director General of the WWF International), Klaus Töpfer (former 
German Minister for the Environment and until 2006 Executive Director
of the United Nations Environmental Programme), as well as Professor 
Ernst U. von Weizsäcker (author and, among other things, consultant 
to Kofi Annan, previously UN Secretary-General).
The company aleo solar AG, with sales operations in Oldenburg (Lower 
Saxony) and manufacturing facilities in Prenzlau (Brandenburg), was 
formed in September 2001 and produces solar modules using silicon 
cells. The facility in Prenzlau has an annual capacity of 90 
megawatts, making it one of the largest production plants for solar 
modules. At the beginning of 2007, production also started in Santa 
María de Palautordera (Spain) with an annual capacity of 10 MW. The 
Company generated revenue of EUR 130,4 million in 2006 with around 
320 staff. Since July 2006, aleo solar AG (DE000A0JM634) has been 
listed in the Frankfurt Stock Exchange´s Prime Standard. The 
Company´s acquisition of an equity interest in the Brandenburg-based 
technology enterprise Johanna Solar Technology GmbH has given it 
access to the promising future thin-film technology.
end of announcement                               euro adhoc 11.06.2007 08:19:51

Further inquiry note:

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

Branche: Alternative energy
ISIN: DE000A0JM634
WKN: A0JM63
Index: CDAX, Technologie All Share, Prime All Share
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade

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