GiraSolar Inc. to Present at Intersolar 2007 Trade Show
GiraSolar Will Exhibit at the World's Major Solar Event of 2007, Intersolar 2007, Occurring June 21st Through June 23rd in Freiburg, Germany
DEVENTER, THE NETHERLANDS, Jun 04, 2007 (MARKET WIRE via COMTEX) -- GiraSolar Inc. (PINKSHEETS: GRSR), an umbrella organization for subsidiaries, partners, and affiliated entities active in the field of solar energy product development, production, and application, today announced that GiraSolar has once again been selected to exhibit at the Intersolar 2007 international trade fair in Freiburg, Germany.
Intersolar 2007 is Europe's largest international trade fair for solar technology, focusing on photovoltaics, solar thermal technology, and solar architecture. Intersolar 2007 is the only European solar technology trade fair which has been recognized as an international trade fair by both the German Trade Fair Industry Association (AUMA) and the World Organization for Trade Fairs and Exhibitions (UFI).
Compared with last year, it is expected that the number of exhibitors at the trade fair will have increased from 454 to 600, while the exhibition space will have been expanded from 26,000 square metres to 34,000 square metres. A new visitor record is also expected, with 26,000 visitors from more than 90 countries. This further underlines Intersolar's status as the meeting place of the international solar industry and highlights GiraSolar's importance in participating in the event.
Peter Klamka, President of GiraSolar, commented, "The decision to again exhibit in Freiburg at Intersolar 2007 is in the strategic interest of GiraSolar as a whole. It is an excellent opportunity to both strengthen and create industry relations and to present cutting edge GiraSolar solutions to industry partners."
Besides exhibiting at Intersolar, GiraSolar has also presented this year at several of the most important trade shows and conferences in the EU, which currently represents 66% of the world solar market. GiraSolar's focus has been on exhibitions in fast growing markets with substantial generic support to investors in solar energy systems. GiraSolar presented itself at exhibitions in Italy, Spain, and Greece and also at promising target countries in Central and Eastern Europe.
Wieland Koornstra, CEO of GiraSolar, further stated: "With at least one exhibition per month over the past half year, GiraSolar is executing its strategy to swiftly become well-known in promising and relatively new markets. Better visibility of GiraSolar is also part of our efforts to move closer to larger end users with the intention to capitalize on the extensive solar engineering capabilities of GiraSolar."
About GiraSolar, Inc.:
GiraSolar, Inc. is a US-Dutch holding company based in Ann Arbor with its operational HQ in Deventer, The Netherlands, through GiraSolar BV. It is an umbrella organization for subsidiaries, partners, and affiliated entities, active in the field of solar energy product development, production, and application. GiraSolar's three subsidiaries consist of 100% owned DutchSolar B.V., 51% owned GiraSolar Turkey Ltd. Ste. (GST), and 100% owned GiraMundo B.V. The group focuses with its business activities on silicon, solar cells, solar modules and solar energy systems. For more information, please visit the Company's web site at www.girasolar.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: With the exception of historical information, the statements set forth above include forward-looking statements that involve risk and uncertainties. The Company wishes to caution readers that a number of important factors could cause actual results to differ materially from those in the forward-looking statements. Those factors include, but are not limited to, the risk factors noted in the Company's filings with the United States Securities and Exchange Commission, such as the rapidly changing nature of technology, evolving industry standards and frequent introductions of new products, services and enhancements by competitors; the competitive nature of the markets for the Company's products and services; the Company's ability to gain market acceptance for its products and services; the Company's ability to fund its operational growth; the Company's ability to attract and retain skilled personnel; the Company's ability to diversify its revenue streams and customer concentrations; and the Company's reliance on third-party suppliers.
Contact:
Investor Relations
TMS Capital LLC
Thomas Sauve
(646) 245-2465
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SOURCE: GiraSolar
