Dyesol Expands Japanese Operations The world leader in commercialising DSC (dye solar cell) technology and products, Dyesol Limited (ASX: DYE) is expanding operations in Japan by establishing a wholly owned subsidiary, Dyesol Japan Co. Ltd. To be known in Japan as Dyesol Japan Kabushiki, it will facilitate more direct communication with the major Japanese corporations and Dyesol’s expanding Japanese customer base, providing Dyesol with greater opportunity to enter into partnerships and alliances that will increase revenue through strong commercial relationships. The company is also, importantly, a direct means for Dyesol to protect and promote its IP portfolio in the region. To commence formal operations early in 2010, the locally-based subsidiary is an important step in strengthening Dyesol’s global leadership position in the DSC marketplace. Japan is not only one of the most active solar markets globally, but also a major hub for DSC research and development. In addition Japan has declared its position to be the world leader in low carbon society, a market place for which the assets of DSC in terms of energy efficiency and clean energy protection, are ideally suited. Dyesol director responsible for Asian operations, Gordon Thompson, commented, “This represents a significant opportunity for Dyesol to be more fully integrated in the Japanese DSC market. The creation of Dyesol Japan, as well as allowing closer relations to be established with major corporations having significant DSC activities, provides Dyesol with better access to R&D programmes both corporate and Government programs and opens doors to one of the world’s largest capital markets.” For further information contact Viv Hardy at Callidus PR on +61 (0)2 9283 4113 or on +61 (0)411 208 951. In Europe contact Eva Reuter, Investor Relations, Dyesol Europe on +49 177 6058804. Note to editors The Technology – DYE SOLAR CELLS DSC technology can best be described as ‘artificial photosynthesis’ using an electrolyte, a layer of titania (a pigment used in white paints and tooth paste) and ruthenium dye deposited on glass, metal or polymer substrates. Light striking the dye excites electrons which are absorbed by the titania to become an electric current many times stronger than that found in natural photosynthesis in plants. Compared to conventional silicon based photovoltaic technology, Dyesol’s technology has lower cost and embodied energy in manufacture, it produces electricity more efficiently even in low light conditions and can be directly incorporated into buildings by replacing conventional glass panels or metal sheets rather than taking up roof or extra land area. The Company – DYESOL Limited Dyesol is located in Queanbeyan, NSW (near Canberra) and in August 2005 was listed on the Australian Stock Exchange (ASX Code ‘DYE”). Dyesol manufactures and supplies a range of dye solar cell (DSC) products comprising equipment, chemicals, materials, components and related services to researchers and manufacturers of DSC. The Company is playing a key role in taking this third generation solar technology out of the laboratory and into the community. More details about the company and the technology can be found at: http://www.dyesol.com
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