sunways AG

euro adhoc: Sunways AG
Sunways AG enters into contract with Swiss Wafers AG on wafer shipments

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Sunways AG (Macairestraße 3 - 5, D-78467 Konstanz, ISIN DE0007332207, ISIN DE000A0BNPN0) has entered into a contract with Swiss Wafers AG, Weinfelden / Switzerland on the supply of silicon wafers.

This contract will take effect as from January 2009 and expire in 2016. It relates to the supply by Swiss Wafers AG of a total of 115 megawatts of silicon wafers for the production of solar cells by Sunways AG. It provides for down payments to be made by Sunways. The parties agreed to maintain silence regarding any other contract details.

The contract will make a significant contribution towards the secure supply of raw materials for Sunways AG and markedly support the photovoltaics company's further growth and increased profitability.

Currently, the production capacities of Sunways AG equal 46 megawatts and are to be expanded to a total of 116 megawatts by the end of 2008.

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ots Originaltext: sunways AG
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Further inquiry note:
Astrid Forst
Tel.: +49 (0)7531 99677 480

Branche: Alternative energy
ISIN:      DE0007332207
WKN:        733220
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 Hannover / free trade
              Börse München / free trade

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