Lisec Sets Up Base in Dubai Silicon Oasis

Lisec, the world's largest manufacturer of high-tech insulating glass and machines for photovoltaic is establishing a research, development and manufacturing facility at its new headquarters at the Dubai Silicon Oasis (DSO).

The agreement signing ceremony between the two parties was attended by Dr Mohammad Al Zarouni, Vice Chairman, DSO, Dr Jürgen Knorr, CEO of DSO and Peter Lisec, Chief Executive of Lisec.Dr Mohammad Al Zarouni, said, "The decision of Lisec to locate their advanced research and development (R&D) and manufacturing centre in Dubai further established Dubai as an excellent location for leading-edge electronics engineering companies who want to take advantage of the region's resources and our many offerings."Peter Lisec, Lisec CEO, said, "We chose Dubai for the company's first major manufacturing site outside Austria for we are definitely sure of the close collaboration of DSO in terms of research and development in the areas of Photovoltaic and thin film technology.Photovoltaic or solar cells, whose value-chain consists of polysilicon, wafers, solar modules and systems, are paced-age marvel.They are made of materials thiner than a human hair that, converts Sunlight directly into electricity.

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600450 Lisec Sets Up Base in Dubai Silicon Oasis
Date: 23 June 2006

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