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aleo solar AG

aleo solar AG signs new contracts in Italy

Prenzlau/Oldenburg/Treviso (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies
aleo solar AG today
announced that it is continuing to expand its business in Italy by 
signing two supply contracts for a total of 5,500 kilowatts with the 
Italian project developer ERIC Group S.p.a. (www.ericgroup.eu). Of 
this total, 500 kilowatts will be delivered this year, with the 
remaining 5,000 kilowatts to follow in 2009.
Giovanni Buogo, Sales Director of aleo solar Italia S.r.l., sees a 
continually positive development in Italy: "In the first six months 
of 2008, aleo solar has recorded a four-fold year-on-year increase in
sales in Italy. Customers especially appreciate our expertise in 
rooftop installations."
Marcello Navanteri, Managing Director of the ERIC Group, explained 
why his company chose the aleo modules: "The modules' quality, 
reliability and yield is critically important to the success of our 
projects, as is the support and service provided by the local aleo 
solar subsidiary. We are looking for long-term relationships with our
partners and we believe that we can best pursue this sustainable 
approach with aleo solar at our side."
The Italian feed-in law provides operators of photovoltaics systems 
with a sound basis for making investment decisions. The Management 
Board of aleo solar expects the market to show strong growth in 2009.
aleo solar believes that it is well positioned through its Treviso 
office and continues to expand its customer base in Italy. The 
company has a broad sales presence throughout the country.
end of announcement                               euro adhoc

Further inquiry note:

Franz Nieper / Jasmin Michaelis
Investor Relations, Legal & Compliance
Tel.: +49 (0)441-21988-770
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
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