Wednesday, March 12, 2008

Atlan Development To Increase Solar Panel Efficiency 35%

NEW YORK, NY--(Marketwire) - Atlan International Holdings Corp. (FRANKFURT: QV8) (PINKSHEETS: ATLI), a global development, marketing, sales and acquisition company, today announced that the company is in the process of developing the "SunTilt" system, which is also known in the industry as "follow the sun" system. The planned target is the small device for direction to light source sensitivity with accuracy of 0.1 degree or less. Atlan's R&D team expects this system to improve efficiency of the solar panel up to 35% when such systems are deployed. This is the first of Atlan's initiatives with solar power and other renewable energy industries.

"The project's genesis came from the fact that current technology is not efficient enough to sustain current growth, and demand for solar energy continues to grow; the solar energy industry was shadowed by the steep increases in the cost of raw materials like copper and high-grade silicon," said William H. Gordon, president of Atlan. "We expect this system to enter the market no later than the third quarter of 2008."

On September 25, 2007, Atlan announced that it had entered into a long-term Strategic Alliance Agreement with Pacific Seaboard Ltd. to jointly develop renewable energy projects. The company intends to continue to reflect its new focus on the renewable energy market. The company also intends to complete its audit and other necessary documentation to become a reporting company.

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