NEW YORK--March. 13, 2007--Ludlow Energy, a subsidiary of Ludlow Capital, issues update coverage on GiraSolar (OTC: GRSR, Frankfurt: L2I), an umbrella organization for subsidiaries, partners and affiliated entities based in the Netherlands, which is active in the field of solar energy product development, production and application.
HIGHLIGHTS OF COVERAGE
- Trading Below 1 Times Sales (sector norm 8x sales) - 12% of Spain's Solar Market - Entry in Turkish Solar Market - US Production Facility - Acquisition of US Solar Installers - Silicon Production Technology Cut Costs by 1/2 - OTC BB listing