Targray Technology International Inc announces a significant increase in the Company's 2009 Silicon

Targray Technology International Inc announces a significant increase of 128% over 2008, validating Targray's growing position as a trusted partner and key source of Silicon supply to the industry's largest solar wafer and ingot manufacturers.

Montreal, Quebec, Canada, January 25, 2010—Targray Technology International Inc announces a significant increase in the Company's 2009 Silicon sales volume. Shipments of solar grade silicon, ingot, and off spec or scrap materials have increased by 128% over 2008, validating Targray's growing position as a trusted partner and key source of Silicon supply to the industry's largest solar wafer and ingot manufacturers.


Howard Alter, Director of Targray's Silicon division states: "Although 2009 was a difficult year for the PV industry, Targray's silicon volumes increased significantly. We attribute this in part to Targray's comprehensive global infrastructure coupled with a dedicated team of Silicon specialists which enables us to procure almost any type of silicon material to meet our customers' requirements."

Targray has been involved in the distribution of solar grade Silicon to wafer, cell and module manufacturers in the PV industry since 2006. Today, the Company is a leading supplier of silicon raw materials, as well as all the major consumable used in this industry, including metallization pastes, POCl3, silicone sealing, potting and adhesives, interconnect wire, solar glass, and more.

"We expect 2010 to be an even stronger year," adds Alter. "As solar markets rebound worldwide, Targray's silicon transaction volume stands to expand significantly."

About Targray Technology International, Inc.
Founded in 1989, Targray Technology is a leading worldwide supplier of silicon and cutting-edge materials and consumables to the Solar Industry. Targray offers a full-line of innovative, state-of-the-art products and raw materials which enable solar cell and module manufacturers to maximize their cell and module quality and reliability, while significantly lowering their manufacturing cost per watt. Targray is a global company with operations and customers in over 50 countries throughout Asia, Europe and the Americas. For more information about Targray, contact the company at 18105 Trans-Canada, Kirkland, Qc, Canada, H9J 3Z4, tel: (514) 695-8095, fax: (514) 695-0593, email: info@targray.com, or visit the company website at www.targray.com

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