Legend Investment Corp. (LVCP)

[Golden Cross]

LVCP: Legend Investment Secures 6 Million Dollar Contract and Company to Change Name to GiraSolar Inc.
Friday March 10, 11:58 am ET


DEVENTER, THE NETHERLANDS--(MARKET WIRE)--Mar 10, 2006 -- GiraSolar BV (Other OTC:LVCP.PK - News) today announced that it secured a supply contract for delivery of solar modules and balance of system in Spain. The estimated gross revenue from this contract is approximately 5,000,000 Euros or approximately $ 6,000,000 USD.
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The signed order, for which significant pre-payments have been received and shipping of first deliveries has commenced, is not only important in terms of revenue, but is also strategically important to the Company. In addition to the sale of the solar modules, the contract includes balance of system components, further strengthening GiraSolar's position in the Spanish market in general and the BOS market specifically.

Due to this additional multi-million dollar contract and the recently announced ingots contract, the Company is revising its revenue projections for the fiscal year ending September 30, 2006. Revenues for fiscal 05/06 are now projected to exceed $22 million.

Additionally, the Company's Board of Directors has voted to change the name of the Company to GiraSolar Inc. We expect to effect this name change in the next 60 days. The new name better reflects our solar energy and our operations base in Europe.
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