Solarmer Energy, Inc. Continues to Break World Records with 7.6% Efficient Plastic Solar Cell

LOS ANGELES--(Business Wire)--
Solarmer Energy, Inc., a leading developer of plastic solar panels, has done it
again, breaking the plastic solar cell world record for a second consecutive
time. Solarmer announced today their champion plastic solar cell efficiency of
7.6%, certified by the Newport Corporation`s Technology and Applications
Center`s Photovoltaic (TAC-PV) Lab. The Newport Corporation is a globally
recognized leader in advanced technology products and solutions.

Plastic solar panels, the next generation of solar products, will be flexible,
transparent, and able to generate low cost clean energy from the sun. Attractive
and colorful, customizable shape and sizes, and better low light performance are
just a few in a long list of unique characteristics of plastic solar panels.
These solar panels will transform the renewable energy industry, because of
their ability to drive cost down to 12-15 cents/kWh and much less than $1/Watt.

In the process of completing their pilot manufacturing line, this efficiency
milestone increases anticipation for Solarmer`s plastic solar panels, which will
be available next year. "Breaking the 7% efficiency barrier for organic
photovoltaics is a huge accomplishment for Solarmer and the organic photovoltaic
(OPV) industry." said Dr. Gang Li, Vice President of Technology Development. "We
are thankful for the contributions of our two primary collaborators, Prof.
Luping Yu at the University of Chicago and Prof. Yang Yang at UCLA. We believe
that our world class team will ensure that we continue along the path to the
commercial success of OPVs."

"We are pleased that Newport`s recently launched certified PV lab is helping
Solarmer in achieving outstanding results in efficiency. Our collaboration in
material research and certified testing is a great example of how two very
different companies can benefit by working together," says Dr. Ruben Zadoyan,
Director of Technology and Applications Center of Newport Corporation.

Solarmer Energy, Inc. will be speaking more to the public about this achievement
at this year`s Solar Power International conference in Anaheim, California. The
company will be exhibiting at booth #3073 from October 27th to the 29th.

About Newport Corporation`s TAC-PV Lab

Newport Corporation is a globally recognized leader in advanced technology
products and solutions for fields including Semiconductors, and
Microelectronics. Newport`s TAC-PV Lab is accredited by the American Association
for Laboratory Accreditation (A2LA) to ISO/IEC 17025. They measure the
electrical performance of photovoltaic cells under simulated sunlight according
to the American Society for Testing Materials (ASTM) standard E948, and make
spectral responsivity measurements of photovoltaic devices according to ASTM
E1021. All measurements are performed under standard reporting conditions (SRC)
with a temperature of 25˚C, a total irradiance of 1 Sun (1000 W/m2), and
spectral irradiance AM1.5G (IEC 60904-3). For more information on the TAC-PV lab
can be found at http://www.newport.com/TAC-PV.

About Solarmer Energy, Inc.

Solarmer is developing transparent, lightweight, flexible, plastic solar panels,
which are expected to cost a fraction of what silicon solar panels cost. These
solar panels will create new markets that are currently not addressable with
conventional silicon solar panel technology. The first major applications for
this technology will likely be portable digital electronic devices (such as cell
phones and PDAs) and smart fabrics (such as tents and solar bags).
Building-integrated photovoltaics (BIPV), in the form of power windows, will
soon follow. The company was founded in 2006 to commercialize technology
developed at UCLA.

Solarmer Energy, Inc.
D'Juvayne Christian
Marketing Communications Coordinator
626-456-8090
djuvaynec@solarmer.com

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