Message #6 From:
NewsBot Date: July 18, 2006 08:04:20 PM
GRSR: GiraSolar Receives Order and Payment of $1,500,000
GiraSolar, Inc. (Pink Sheets:GRSR stock message board) (FRANKFURT: L2I) is pleased to announce its subsidiary DutchSolar BV has obtained an order valued at $1,500,000 for materials and received payment in full.
Su Guirong, Asia Regional manager for DutchSolar BV, stated: "Despite the sharp increase of product prices -- originating from the price increase of poly silicon -- we have been able to maintain a fairly nice flow of volume to our partners worldwide. The now intensive cooperation with Asian countries has also increased our competitive strength enormously. Due to our mutually beneficial network of strategic relationships we are able to maintain a relatively reasonable cost price for materials. This is of course also crucial for maintaining and strengthening infrastructure in the EU and in America and for leveraging growth for the entire group. It is our aim to further strengthen this network to ensure growth for the company."
