Hague Corp./Solterra Renewable Technologies Makes Significant Progress in Selection...

Hague Corp./Solterra Renewable Technologies Makes Significant Progress in
Selection Process to Establish a Solar Cell Production and Distribution
Facility in Saudi Arabia

TEMPE, Ariz., June 16 /PRNewswire-FirstCall/ -- CEO Stephen Squires of
Solterra Renewable Technologies Inc., a wholly owned subsidiary of Hague Corp.
(OTC Bulletin Board: HGUE), announced today that the company has made
significant progress in the selection process by an agency of the Government
of Saudi Arabia to establish a thin-film quantum dot solar cell manufacturing
and distribution facility in the country.

If selected, the Solterra solar cell facility would be part of an initiative
to build a transmission super grid of power plants and power lines to supply
energy to Europe and to seawater desalination plants in the Middle East and
North Africa. The initiative has been spearheaded by the Trans-Mediterranean
Renewable Energy Cooperation, or TREC, a consortium led by the renowned "Club
of Rome," which includes the German Aerospace Bureau and several universities
in Europe and the Middle East.

Squires said, "We have been engaged in preliminary discussions for more than
six months and are now in advanced discussions with the Saudi government
agency responsible for these decisions. We have undergone an incredibly
in-depth due diligence review of our science and our business plan. The due
diligence process was conducted on-site by a European consulting and analysis
firm. Early discussions have led us to believe that we are a frontrunner in
the selection process."

He added, "The super grid initiative has attracted a growing number of
powerful backers. Nicolas Sarkozy, the President of France, and UK Prime
Minister Gordon Brown have both publicly endorsed the super grid project. It
is our belief that if we are able to realize this opportunity we will receive
significant financial support, facility set up, personnel subsidies and other
benefits."

"While our competitors attempt to reduce the cost per watt by scaling up
production or using less than industrial grade materials," Squires explained,
"we believe our proprietary quantum dot semi conductor processing technology
and technological innovations will be the keys to delivering increasingly cost
effective solar cells."

About Hague Corp. /Solterra Renewable Technologies, Inc.

Solterra is singularly positioned to lead the development of truly sustainable
and cost-effective solar technology as the first company to introduce a new
dimension of cost reduction by replacing silicon wafer-based solar cells with
low-cost, highly efficient Quantum Dot-based solar cells.

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: This news release contains forward-looking information within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended, including statements
that include the words "believes," "expects," "anticipate" or similar
expressions. Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results, performance
or achievements of the company to differ materially from those expressed or
implied by such forward-looking statements. In addition, description of
anyone's past success, either financial or strategic, is no guarantee of
future success. This news release speaks as of the date first set forth above
and the company assumes no responsibility to update the information included
herein for events occurring after the date hereof.

Contact Information
Hague Corp. / Solterra Renewable Technologies, Inc.
ASU Research Park
7700 S. River Parkway
Tempe, AZ 85284
Phone: 604-569-3184 x 103
Email: info@solterrasolarcells.com
Web Site: www.solterrasolarcells.com

SOURCE Solterra Renewable Technologies, Inc.

Richard Stern, Stern & Co., +1-212-888-0044