NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 16, 2013) - ACT Aurora Control Technologies Corp. (TSX VENTURE:ACU) is pleased to announce that Hanwha Q CELLS, one of the world's leading photovoltaics companies, has qualified Aurora's Decima CD for use in their solar cell manufacturing facilities. Hanwha Q CELLS has also installed a Decima system in their production facility in Germany, which is now in operation for monitoring cell quality during manufacturing. This qualification positions Aurora's Decima CD for use in new or retrofitted production lines, and also provides a strong endorsement of the Decima's capabilities from a leading photovoltaics manufacturer. Aurora and Hanwha Q CELLS will also continue to work together in a development partnership to further advance the Decima technology and its applications.
During stringent testing over several months, Hanwha Q CELLS thoroughly examined the Decima's accuracy, stability and immunity to production line variations, among other factors. In all cases, the Decima met or exceeded requirements.
"Aurora's Decima CD product meets our requirements, making it fully qualified for use in production line expansion or retrofits," said Dr. Markus Fischer, Q CELLS' Director of R&D Process. "Over a period of several months working with Aurora, we were very pleased with the professionalism of their technical support and their inline measurement expertise."
"The qualification and installation of our Decima CD product by Hanwha Q CELLS is a significant milestone for Aurora," said Gordon Deans, Aurora's President & CEO. "This clearly demonstrates the capability and readiness of our Decima technology, and also verifies its utility for solar cell production monitoring and control."
In addition, Aurora would like to announce that it now also trades on the OTC market in the U.S. under the symbol AACTF and that its' company information is being made available via S&P Capital IQ Corporation Records Listing Program. As part of the program, a full description of Aurora has been published in the Daily News Section of Standard & Poors' Corporation Records, a recognized securities manual for secondary trading in up to 38 States under the Blue Sky Laws. S&P Capital IQ Corporation Records is available in print, CD-ROM, and via the web at www.netadvantage.standardandpoors.com as well as through numerous electronic vendors.
About Hanwha Q CELLS:
Hanwha Q CELLS is part of the South Korean Hanwha Group and one of the world's leading photovoltaics companies, offering a wide range of photovoltaic solutions, from solar cells and modules to solar power plants. Hanwha Q CELLS products are developed and manufactured at its headquarters in Thalheim (Germany) and marketed via its global sales network. It also has a second production plant in Malaysia. The close links between R&D and production enable Hanwha Q CELLS to rapidly translate innovation into mass production - and underpin its ambition to be at the forefront of photovoltaic technology.
For more information, visit Hanwha Q CELLS' website at www.q-cells.com.
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.