Sunseeker Energy Holding AG
Sunseeker Energy Holding AG: Listing on Frankfurt Stock Exchange
Sunseeker Energy Holding AG / Regulatory Approval Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- • Solar energy company with new concentrated technology • Initial listing in the Open Market • Market potential of 40 bn Euro in 2020 Schindellegi, 17. February 2009 – Sunseeker Energy Holding AG last week completed the initial listing and quotation of 667,193,558 shares on the Frankfurt Open Market. The company is a solar energy company committed to developing new generation solar and hybrid power technologies for sustainable energy use throughout the world. The public listing is a milestone in growth and the international commercialisation of its solar technology solutions. 'By taking this initial step, Sunseeker is better positioned to introduce new equity funds into the Group. It also enables us to carry out capital increases in the future,' explains Antony Howard, one of the founders and Director of Sunseeker Energy Holding AG. 'Sunseeker has developed a new solar energy solution that has received excellent levels of interest in its solar solution from a broad range of groups,' Howard adds. Sunseeker Energy has developed a new concentrated solar energy unit that dramatically reduces the active solar panel area per megawatt. The company has been successful in designing and executing the system for deployment on a mass scale, such as those seen in commercial photovoltaic farms. The products are currently under patent application, and have been independently verified at efficiencies up to 39%. Sunseeker’s flagship system is currently producing in the order of 300 Watt/sqm under Australian light conditions. The solar power solution of Sunseeker Energy has a number of critical benefits and advantages within the solar power sector, most notably in terms of production cost, space required and power output levels. 'These advantages provide an outstanding platform for developing as a long term alternative energy power provider,' states fellow Director Rene Fritschi. Sunseeker Energy has developed very dynamically in the past year broadening its solar engineering solutions to cover small-scale residential and commercial users, through to large scale solar farm use. The Group has 21 employees and associates and has established license agreements worth USD 100 m with partners in Australia, United Kingdom/Ireland, Singapore/Indonesia and Malaysia. Sunseeker Energy will continue to develop and implement its commercialisation strategy through joint venture arrangements with 3rd party power suppliers and – as a stand-alone operator – to establish solar power plants and provide electricity to established electric distribution networks. Further, Sunseeker Energy will address residential and commercial users through direct marketing and third party licensees. About Sunseeker Energy Holding AG Sunseeker Energy is a solar energy company committed to developing new generation solar and hybrid power technologies for sustainable energy use throughout the world. Sunseeker Energy has developed a new concentrated solar energy unit that reduces the active solar panel area per megawatt. Disclaimer This communication is neither an offer to sell nor a request to make an offer to buy or subscribe to securities. There is no public offering of Sunseeker Energy Holding AG securities in connection with the listing Open Market trading at the Frankfurt Stock Exchange. This communication is not a securities prospectus. This communication and the information it contains are not intended for direct or indirect forwarding to or inside the United States of America, Canada, Australia or Japan. The Company confirms that it has no association with King Lager Holding AG. For further information please contact: Antony Howard Technical Director phone +61 3 9560 5077 Rene Fritschi Director phone + 41 44 687 1063 or visit our website at: www.sunseekerenergy.com 17.02.2009 Financial News transmitted by DGAP ----------------------------------------------------------------------
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