Targray Doubles Sales of HeraSol Silver Metallization Paste

Building on Heraeus' already significant market share, Targray Technology International Inc. announces that it has doubled its sales of Heraeus' HeraSol™ Silver Metallization Paste from Q1 to Q2 2010.

The Company's ability to grow Heraeus Silver Paste business by 107% from one quarter to the next reinforces Targray's position as a leading provider of high-performance materials to cell and module manufacturers globally. Targray has been working exclusively with Heraeus since 2007 to bring its cutting-edge HeraSol Silver Paste compositions to PV manufacturers world-wide. Targray also works with several other global partners to bring a full line of PV materials to the market.

The HeraSol compositions are a series of screen printable front and back side silver conductors that have already been adopted in the market by leading solar cell manufacturers. These advanced silver metallization pastes, customizable to suit various manufacturing processes, have demonstrated increased efficiency and fill factor as well as wider processing windows. The result has been better yields and higher output for cell manufacturers.

"The latest generation of Heraeus HeraSol front and rear side Ag Pastes represent the most advanced conductor solutions on the market today," states Patrick Boutard, Targray's Paste Products Manager. "Customers interested in increasing the output efficiency of their cells, need to be evaluating this generation of Heraeus pastes."

"Targray is an important sales channel for our Ag Paste," explains Andy London, Heraeus Vice President. "The tremendous sales growth they have achieved is a testimony to the knowledge level and extreme professionalism of the Targray Global Solar team. We value our partnership and we're excited about continued growth in the years to come."

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