SHELTON, CONNECTICUT and TORONTO, ONTARIO — (Marketwire) — 08/30/11 — OPEL Technologies Inc. (formerly OPEL Solar International Inc.) (TSX VENTURE: OPL) (“OPEL” or “the Company”), a leading global supplier of high concentration photovoltaic (“HCPV”) solar panels and solar tracker systems and a semiconductor developer announces that it offers some new ways for shareholders and customers to connect with the Company on the web.
Interested parties can find OPEL on three Internet websites.
The new websites are under development; so over time more enhancements that showcase the extraordinary work of our Companies will continue. Visitors to any of the websites can connect to all of the Company websites, as they are linked for ease of navigation.
As previously stated, the purpose of the name changes is to better reflect the two distinct segments of the Company–s businesses and to avoid confusion caused by the former name only reflecting the solar side of the business.
“The name change to OPEL Technologies better exemplifies the scope of our expanding Company. The organization has exhibited significant growth and recognition in each of its distinct business divisions, and it is important to establish a parent company that captures each group–s mission as they gain momentum and growth in the future,” reminds Leon M. Pierhal, OPEL–s Chief Executive Officer.
OPEL is committed to providing the most up-to-date Company information to customers, shareholders and all interested parties as accomplishments occur and contribute to the successful growth of the businesses.
About OPEL Technologies Inc., OPEL Solar, Inc. and ODIS Inc.
With operations in Shelton, CT and head office in Toronto, Ontario, Canada, the Company, through OPEL, Inc., designs, manufactures and markets high-concentration photovoltaic panels and dual- and single-axis trackers for related CPV and PV systems for energy applications worldwide. The Company, through ODIS Inc., a U.S. company, designs III-V semiconductor devices for military, industrial and commercial applications, including infrared sensor arrays and ultra-low-power random access memory. The Company has 35 patents issued and 12 patents pending in PV systems technologies and for its semiconductor POET process, which enables the monolithic fabrication of integrated circuits containing both electronic and optical elements, with potential high-speed and power-efficient applications in devices such as servers, tablet computers and smartphones. OPEL–s common shares trade on the TSX Venture Exchange under the symbol “OPL”. For more information about OPEL, please visit the Company–s website at .
ON BEHALF OF THE BOARD OF DIRECTORS
Michel Lafrance, Secretary
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
OPEL
Pat V. Agudow
Vice President, Public Relations
+1 (203) 612-2366 x2612
ICR – Public Relations
Gary Dvorchak, CFA
Senior Vice President
+1 (310) 954-1123
ICR – Public Relations
Theodore Lowen
Managing Director
+1 (646) 277-1238