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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Aurora Solar Technologies Inc | TSXV:ACU | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.005 | 10.00% | 0.055 | 0.05 | 0.06 | 0.055 | 0.05 | 0.05 | 33,000 | 20:46:02 |
2013 a foundation year as the company readies for anticipated photovoltaic market upswing
NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 19, 2013) - ACT Aurora Control Technologies Corp. (TSX-VENTURE:ACU) ("Aurora"), a leader in inline measurement and control technology for the photovoltaic manufacturing industry is pleased to provide a year-end overview and operational update.
The $80 billion photovoltaic industry is now emerging from a two-year period of restructuring due to excess production capacity. During this period, investments in production equipment declined dramatically. Despite this challenging environment, in 2013 Aurora made great strides. The company's first product, the Decima CD ™ was successfully completed and tested by an industry leader, and the company built visibility and strong market positioning for commercial development. Industry analysts are now projecting that 2014 will be a growth year for photovoltaic production equipment suppliers. With our investments during 2013, Aurora is well positioned to benefit as we look ahead.
Significant highlights for 2013 include:
In summary, over the past year Aurora has made significant progress in establishing its capabilities during a turbulent time for the solar energy industry. We have completed our flagship product and proven it at one of the solar industry's leaders, developed strong partnerships with complementary production equipment and engineering companies to broaden our market reach, and built the company's visibility such that we are now invited to participate in setting industry directions. With all of this as a basis, and with the industry now regaining balance after a period of restructuring, we are well-positioned in the photovoltaic market as we look forward into 2014.
About Aurora:
ACT Aurora Control Technologies Corp. develops, manufactures and markets inline measurement systems for the photovoltaic industry. Headquartered in North Vancouver, Canada, and founded by experienced leaders in process measurement, semiconductor manufacturing and industrial automation, the Company's inline, real‐time measurement and control products provide photovoltaic cell manufacturers with the means to lower production costs and increase profitability. The Company's shares are listed on the TSX Venture Exchange and trade under the symbol "ACU".
For more information, visit Aurora's website at www.auroracontrol.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Some statements in this news release contain forward-looking information. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. The Company does not assume the obligation to update any forward-looking statement.
ACT Aurora Control Technologies Corp.Gordon Deans, P.Eng.President & CEO+1 (778) 241-5000info@auroracontrol.comwww.auroracontrol.com
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