MONTREAL, March 6, 2003 — ICP, a manufacturer of solar products for consumers, signed an exclusive licensing agreement on Feb. 21 with Global Solar Energy, a developer of next-generation flexible copper indium gallium diselenide (CIGS) solar cells. The licensing agreement includes international rights for the exclusive use of Global Solar’s technology for varied solar products.
The companies already have worked together to produce the BatterySAVER FLEXâ„-, which is designed to charge 12V batteries for markets including marine and boating. The BatterySAVER FLEXâ„- has attracted overwhelming interest at trade shows around the world and is already shipping.
ICP Global Technologies now enjoys the exclusive right to fully commercialize Global Solar Energy’s advanced CIGS solar technologies in jointly developed products. The company anticipates using Global Solar’s thin-film solar cells in a variety of innovative applications, encouraging the widespread use of solar power solutions.
“This marriage will bring forth a host of solar power applications that could only be previously imagined,” said Stephane Dallaire, vice president of corporate development for ICP Global Technologies. “We look forward to focusing on the development of innovative new products for a variety of markets. We are always working on ideas to help consumers in their everyday lives. This development partnership holds exciting promise.”
“To have a partner with the vision of consumer needs that ICP Global brings will enable us to capitalize on our leading-edge technology as we co-develop products to meet customer demand,” said Michael S. Gering, president of Global Solar Energy. “This partnership has limitless possibilities.”
About ICP Global Technologies
ICP Global Technologies is a developer and manufacturer of solar-powered products. With headquarters in Montreal, it is the world leader in solar power technologies. ICP products are sold worldwide by companies such as Auto Zone, Camping World, Radio Shack, Wal-Mart’s Sam’s Club and West Marine in the United States, and by large retailers such as Canadian Tire, Wal-Mart and Costco in Canada. For more information about ICP Global Technologies, visit www.icpglobal.com.
About Global Solar Energy
Global Solar manufactures flexible thin-film photovoltaic cells and modules. The company is located in Tucson, Ariz., with offices in Washington, D.C., and Los Angeles. Global Solar was formed in May 1996 by UniSource Energy Corp. of Tucson, and privately held INICA, of Denver. UniSource Energy (NYSE: UNS – News) is the majority owner of Global Solar Energy. UniSource Energy’s other subsidiaries include Tucson Electric Power Co., Arizona’s second-largest investor-owned electric utility; and Millennium Energy Holdings Inc., parent company of Global Solar Energy and other unregulated energy businesses. For more information about UniSource Energy, visit www.unisourcenergy.com.