DGAP-News: Solutronic AG enters the Australian marketplace

DGAP-News: Solutronic AG enters the Australian marketplace

ID: 33701

(firmenpresse) - DGAP-News: Solutronic AG / Key word(s): Alliance
Solutronic AG enters the Australian marketplace

04.04.2011 / 13:02

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Press Release

Solutronic AG enters the Australian marketplace

- Framework agreements signed with two distribution partners

- Sales volumes of 10 MW with each partner

- Uwe Scobel-Freimüller, Chief Sales Officer at Solutronic: 'Our
inverters are a perfect fit with the conditions and requirements that
prevail on the Australian continent.'

Köngen, 4 April 2011 Solutronic AG is very pleased to reveal its latest
business move - the closing of a deal with two distribution partners in the
Australian marketplace. Clear Solar and Solectra are experienced and
established Australian wholesalers and systems suppliers, and Solutronic
has signed a framework agreement covering an initial volume of 10 MW with
each of them.

Managing Director of Solectra, Jonathan Taylor, expressed his pleasure with
this new collaboration: 'The Solutronic range of transformerless inverters
complements the existing ranges of inverters currently held in our
portfolio. We feel there will always be a market in Australia for
state-of-the-art, quality-oriented products with a German heritage, such as
those of Solutronic. Together with the technical support, after-care
programme and very competitive price position, we believe the SOLPLUS range
offers a significant value proposition to our clients.'

Solutronic feels its product portfolio is well placed to become a big hit
on the Australian market. 'The Australian government has set ambitious
targets to reduce the share of fossil fuels in its energy generation
balance and is backing this move with public subsidy programmes. Our
inverters are a perfect fit with the conditions and requirements that




prevail on the Australian continent. We are looking forward to a fruitful
partnership with Clear Solar and Solectra in the Australian marketplace,'
says Dipl. Ing. Uwe Scobel-Freimüller, member of the Executive Board
responsible for Sales, Marketing and Administration at Solutronic AG.

Following successful certification in January 2011 of its SOLPLUS 25, 35,
50 and 55 inverters in conformance with Australian standards AS 4777.2/3
and AS 3100, Solutronic AG has now taken a decisive step towards tapping
into the highly promising Australian marketplace.

About Solutronic AG

Solutronic AG, founded in 2004 as Solutronic GmbH and now listed in the
Entry Standard on the Frankfurt Stock Exchange, specialises in the
development and marketing of grid-connected photovoltaic inverters.

By expanding our product portfolio, we at Solutronic have successfully
established ourselves as an innovative manufacturer of solar inverters with
intelligent communications functions, and we are constantly working to
optimise our existing SOLPLUS inverters and to develop other associated
products. Our main focus when developing and upgrading our products is on
optimising their efficiency and designing well thought-out electronics and
intelligent installation monitoring equipment.

All SOLPLUS inverters are made exclusively in Germany, where we cooperate
with selected and renowned partners. Test equipment developed in house
facilitates real-time quality control at crucial process stages in
make-to-order production.

By outsourcing production, we are able to focus on developing and marketing
our perfected products - this being the core competency of Solutronic.

More information can be found at www.solutronic.de.

Your PR contact at Solutronic AG:

Stefanie Hempel
Tel: +49 (0) 7024 96 128 99
Mobile: +49 (0)174 3010530
s.hempel(at)solutronic.de


End of Corporate News

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04.04.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Solutronic AG
Küferstrasse 18
73257 Köngen
Deutschland
Phone: 07024 96128-0
Fax: 07024 96128-50
E-mail: info(at)solutronic.de
Internet: www.solutronic.de
ISIN: DE000A1E8NE7
WKN: A1E8NE
Listed: Freiverkehr in Berlin, Düsseldorf, München; Entry Standard
in Frankfurt


End of News DGAP News-Service
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118295 04.04.2011

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Bereitgestellt von Benutzer: EquityStory
Datum: 04.04.2011 - 13:02 Uhr
Sprache: Deutsch
News-ID 33701
Anzahl Zeichen: 0

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Kategorie:

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