aleo solar AG

EANS-News: aleo solar AG
aleo solar Annual General Meeting endorses Management Board's strategy

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Annual & Special Corporate Meetings

Prenzlau/Oldenburg/Bremen (euro adhoc) - aleo solar AG today announced that its
shareholders on Wednesday very clearly endorsed the Management Board's strategy
at the Company's fifth Annual General Meeting (AGM). The actions of both the
Management Board and the Supervisory Board were formally approved by a large
majority of at least 99 percent. All other proposed resolutions were also
adopted by a large majority of at least 99 percent. It was resolved to retain
aleo solar AG's accumulated profits 2010 within the company to broaden the basis
for its further growth. In addition, PricewaterhouseCoopers
Wirtschaftsprüfungsgesellschaft AG was again appointed as the Company's auditors
for the financial year 2011. 

"After a restrained first quarter in 2011 our revenue grew in April and May",
informed York zu Putlitz, aleo solar AG's Chief Executive Officer, shareholders
about the actual business performance. "We continue to view the outstanding
quality of our modules and our sales network of more than 1,500 specialist
dealers and installers as the basis of our success", affirmed zu Putlitz.
"Besides our European core markets we will  increasingly serve non-European
markets such as the USA, Australia and Israel. The AGM endorsed our course

Further inquiry note:
York zu Putlitz
Tel.:   +49 (0)441-21988-770

end of announcement                               euro adhoc 

company:     aleo solar AG
             Gewerbegebiet Nord, Marius-Eriksen-Straße 1
             D-17291 Prenzlau
phone:       +49(0)441 21988-0
FAX:         +49 (0)441 21988-69
sector:      Alternative energy
ISIN:        DE000A0JM634
indexes:     CDAX, Prime All Share, Technology All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
             Hamburg, Stuttgart, Düsseldorf, München 
language:   English

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