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SIEMENS SOLAR RECEIVES UL LISTING FOR CIS THIN FILM MODULES

Designation Demonstrates Durability and Safety of New Technology

CAMARILLO, Calif., October 13, 1999 – Siemens Solar, the world's leading manufacturer of solar photovoltaic cells and modules, announced that the ST line of products using new Copper Indium DiSelenide (CIS) technology has been tested and approved by Underwriters Laboratories (UL).

 ``Getting the UL listing is a reinforcement of the durability, reliability and safety of these modules," said Chester (Chet) Farris, Chief Operating Officer, Siemens Solar Industries. ``It validates the progress Siemens Solar is making in bringing this new technology to market."

 Siemens' ST solar modules were recently chosen as one of this year's R&D 100 Award-winning technologies.  The solar modules were noted for representing a significant step toward delivering cost-effective solar energy. 

About Siemens Solar

 Siemens Solar comprises Siemens Solar GmbH in Munich, a joint venture of Siemens AG and Bayernwerk AG, Siemens Solar Industries L.P. in Camarillo (CA) and two Joint Ventures: Siemens Showa Solar Ltd., Singapore, and Showa Solar Energy KK, Tokyo. Siemens Solar has to date supplied over 150 MW throughout the world, making it the leading company in the photovoltaics industry.