Southwall Announces Strategic Partnership for Green Building in China

Southwall Technologies Inc. (OTCBB:SWTX) announced a Strategic Partnership Agreement with ECO Green Building Research Center and GB Sunshine Glass Technology to deliver innovative, energy-saving glass solutions for commercial building in China.

These products will incorporate Southwall's advanced Heat Mirror(TM) and XIR(TM) film technologies to dramatically improve energy efficiency in buildings, enabling architects to achieve new levels of sustainable design performance. The Agreement was signed during opening ceremonies of the 3rd International Conference on Intelligent, Green and Energy Efficient Building & New Technologies and Products Expo in Beijing.

Southwall Executive Vice President Dennis Capovilla, ECO Director Liu Xiaotian, and GBS General Manager Pan Lianglong signed the landmark agreement that creates a new model of cooperation between Chinese and US companies to jointly develop and promote innovative green solutions for China's rapidly growing commercial building market.

"The growing awareness of green building in China not only ensures the future of the environment but also represents an enormous business opportunity'" said Capovilla. "There is no doubt that China will continue its rapid economic growth and play an increasingly important role in the global economy. We view China's adoption of sustainable design concepts as a compelling growth opportunity for Southwall's core energy-saving products, and we are pleased to work with such influential partners to jointly develop this exciting market."

Representatives from the Ministry of Construction, Zhejiang Provincial Department of Construction, Wenzhou Municipal Department of Construction, top universities, architectural design agencies and real estate developers were present to witness the event.

600450 Southwall Announces Strategic Partnership for Green Building in China
Date: 16 April 2007
Source: Southwall

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