Signet Solar and Tejados Industriales De Fotovoltaica Execute Definitive 10MW Module Supply Agreement

Spain Based Tejados Industriales de Fotovoltaica to Deploy a Minimum of 10MW of
Signet`s Single Junction Silicon Thin Film Solar PV Modules in 2010
MOCHAU, Germany--(Business Wire)--
Germany based Signet Solar and Spanish Tejados Fotovoltaica de Industriales
(TIF) Group, a leading EPC company based in Benissa, Spain today announced that
the two companies have executed a definitive module supply agreement for Signet
to supply to TIF a minimum of 10MW of single junction silicon thin film modules
for shipments before the end of June 2010, and a continued module supply
relationship for the remainder of 2010 and in future years.

"This agreement will serve as a strong foundation to the long standing
successful relationship between Signet Solar and TIF Group in Spain and Italy,"
said Gunter Ziegenbalg, Managing Director of Signet Solar GmbH, at the signing
ceremony. "TIF`s extensive market expertise and access to significant equity
investors combined with Signet`s aggressive approach in helping its customers
attain bankability through its debt and equity partners are a perfect fit."

"I am very excited to have Signet as my strategic partner for solar PV
deployments," said Klaus Mueller, CEO of Tejados Fotovoltaica de Industriales
Group. "Signet`s consistent execution to its roadmap of releasing industry
leading PV efficiencies and power output for its single junction silicon thin
film PV modules has enabled Balance of System (BOS) cost advantages for my
company, which I expect will continue to enable higher IRR`s for our investors.
Based on Signet`s 10-15% higher output performance advantage in higher
insolation areas such as Italy and Spain, and the bankability of Signets
modules, now with over 10 debt financers, I am confident I have made the right
long term strategic partnership."

About Signet Solar

Signet Solar, Inc. is a global company established in 2006 to bring Clean
Affordable Renewable Energy to people and countries worldwide. Headquartered in
Menlo Park, California, the company has been founded to design, develop,
manufacture and market thin film silicon photovoltaic modules. A first mover in
the commercialization of large area silicon thin film silicon photovoltaic
technology, Signet`s modules will bring down the cost of solar power by reducing
manufacturing costs, balance of system costs, and installation time.Signet`s
products are designed for solar farms, large commercial installations, and
building integrated photovoltaics (BIPV).For more information please visit
www.signetsolar.com.

Signet Solar and Clean Affordable Renewable Energy are trademarks of Signet
Solar, Inc. in the United States and other countries.

About Tejados Fotovoltaica de Industriales SL Group

Tejados Fotovoltaica de Industriales SL Group was formed in 2007 with the goal
of being a leading Engineering, Procurement and Construction firm throughout
Southern Europe.TIF has a diversified staff of experienced engineers, project
managers and financial experts; and the company has over the last 24 months
integrated operations with a network of other EPC`s across Europe to offer
customers turnkey PV solution. TIF currently has approximately 6.8MW of roof top
installations and 14MW in ground mounted solar power plants.

Signet Solar Inc.
Direct: +1-650-289-0399
pr@signetsolar.com
or
Tejados Fotovoltaica de Industriales SL Group
Klaus Mueller
Benissa (Alicante), Spain
Direct: + 34 609 6 13 827
tif_pvt@yahoo.es

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