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EANS-News: Accel Energy Solar Contract

Geschrieben am 10-03-2010


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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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Joint Ventures/Cooperation/Collaboration

Zumikon (euro adhoc) - Accel Energy AG (Frankfurt: ACY) announces
signing a long term contract for the technology and manufacturing of
a new alterative energy product skylight with SunPort Industries of
USA. Rights to manufacture from China for worldwide distribution are
in place and the company has the exclusive rights to sell the product
in its primary territories of China and Jordan which serves the
Middle East region.

Solar energy production has been identified by the company as its
current focus since solar technology has virtually universal
application in all industries; directly and massively. Research
indicates that the harnessing of the sun´s energy for two hours a day
would meet the entire world´s energy needs for a year. With
increasing economic development worldwide, Accel recognizes the
growing need for energy and is committed to accessing the most
efficient alternative energy sources available that will have the
least negative impact on the environment.

The SunPort technology brings natural sunlight indoors and integrates
with new or existing artificial lights through an innovative control
system. This ensures that a constant light level is maintained
throughout the building, day and night, and minimizes the amount of
electricity consumed.

Annual sales for skylights in the China market are already at 350
million USD with a projected growth of 20% and the government is
planning 530 billion USD investments in alternative energy. Skylights
are being used in building for every industry sector from
manufacturing to hotels to farming. In addition to new construction,
there is a massive renovation project of old style glass roof
factories to incorporate new skylight technology.

With its long established energy and construction network, Accel is
in a strong position to capitalize on the demand for these new energy
and building technologies. The company plans to capture 2-5% of this
market with in the first two years.

Accel Energy believes that the forward-looking statements reasonable
based on current assumptions, however, the company can not liable for
the actual achievement of these goals. This unpredictable and
unanticipated risks, trends, Unprofitable and the potential inability
to gain or to cash flow obtain or access to sources of funding to
secure one. It is not an update of the forward-looking statements
planned, what their veracity because of subsequent events lose, nor
does the obligation Accel Energy therefore. The Issuance of shares
for acquisitions, payments or services can diminish future profits.


end of announcement euro adhoc
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ots Originaltext: Accel Energy AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Accel IR Department

Tel.: +41/43/288'01'62

Branche: Energy
ISIN: CH0026238243
WKN: A0LFLF
Börsen: Frankfurt / free trade/entry standard


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