GT Advanced Technologies Inc fka GTAT

[XenaLives]

Merlin - the magic solar tech, 80% less silver.

This and other tech is what my purchase of GTAT is based on. HARD FACTS

November 17, 2014
GT Advanced Technologies to Present Merlin(TM) Interconnect System at Intersolar India in Collaboration With Waaree Energies Limited India

MERRIMACK, N.H., Nov. 17, 2014 (GLOBE NEWSWIRE) -- GT Advanced Technologies (OTC Pink:GTATQ) today announced that it will present its innovative Merlin™ solar module interconnect technology at the Intersolar India show in collaboration with Waaree Energies Limited India. The company will be exhibiting a variety of Merlin-based advanced technology modules at Waaree's booth in Hall 6, Stall C02 from November 18 to November 20, 2014.

In addition, Venkatesan Murali, senior vice president and general manager, GT's Advanced Solar Systems, will deliver a presentation at 11:00am on Thursday, November 20 where he will outline the unique Merlin value proposition for new module form factors. Merlin enables a variety of module designs that are otherwise not achievable with standard module architectures. This includes frameless, lightweight modules, which are especially beneficial in India's solar market given sensitivity to weight in rooftop installations.

"We are very pleased to be exhibiting with Waaree, a leading solar panel and module manufacturer in India," said Murali. "Merlin technology delivers lower costs and improved field reliability over standard module architectures. We believe there is significant potential in continuing to work with Waaree to leverage our innovative Merlin technology to manufacture solar panels with form-factors that uniquely address the Indian market's diverse needs."

About GT Advanced Technologies Inc.

GT Advanced Technologies Inc. is a leading diversified technology company producing advanced materials and innovative crystal growth equipment for the global consumer electronics, power electronics, solar and LED industries. Its technical innovations accelerate the use of advanced materials, enabling a new generation of products across this diversified set of global markets. For additional information about GT Advanced Technologies, please visit www.gtat.com.

About Waaree Energies Limited.

Waaree is one of India's leading "multi-technology" companies, headquartered in Mumbai. Founded in 1989, Waaree successfully developed cutting edge technologies to become one of the most preferred brands in the field of instrumentation. The company's major business lines are solar energy, industrial valves, petroleum equipment and process control instrumentation. Over the years Waaree has rapidly expanded, combining organic growth with selective acquisition policies. The primary objective is to be at the forefront of industrial development by being commercially and technologically advanced. Waaree has presence in over 68 countries. For additional information about Waaree Energies Limited, please visit www.waaree.com

http://investor.gtat.com/releasedetail.cfm?ReleaseID=883397