Aurora Solar Technologies Inc.
TSX VENTURE : ACU
OTCBB : AACTF
FRANKFURT : A82

Aurora Solar Technologies Inc.

February 03, 2016 08:00 ET

Aurora Solar Technologies Corporate Update

Rapid Customer Acceptance of Two Systems for Production and Other Corporate Updates

NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 3, 2016) - Aurora Solar Technologies Inc. ("Aurora") ("Company") (TSX VENTURE:ACU)(OTCBB:AACTF)(FRANKFURT:A82), a leader in inline measurement and control technology for the photovoltaic manufacturing industry, is pleased to announce customer acceptance of the Decima 3T and Veritas Software on two SEMCO Engineering Inc. (Semco) furnaces. Semco is a global manufacturer of production and lab equipment for the Semiconductor and Solar Industries. Both systems were delivered as a result of orders received in 2015, are installed "inline" in production facilities in Europe and Asia and are fully operational. Acceptance for both systems was received within a week of the arrival of Aurora personnel to assist in the calibration, verification and acceptance process.

Aurora also would like to announce that it has engaged Dr. Wolfgang Oels to provide a strategic review of its operations. His professional experience includes holding senior positions at solar companies such as QCells, and Alion. In addition, Dr. Oels has served two terms as a consultant to solar companies for respected consultancy McKinsey & Company, including its Operational Excellence Practice.

The Company will be issuing 350,000 options for incentives to consultants, including Dr. Oels, at $0.15 per share for a term of 5 years under the stock option program approved by the shareholders.

Gordon Deans, Chief Technology Officer (CTO) of Aurora has resigned from the Board of Directors effective immediately. Mr. Deans will remain as CTO of Aurora and we would like to thank him for his significant contribution to the Board and continued contribution to the Company.

About Aurora:

Aurora Solar Technologies Inc. produces measurement and control solutions which allow solar cell producers to improve manufacturing yield, lower costs, decrease waste and attain higher margins. Headquartered in North Vancouver, Canada, and founded by experienced leaders in process measurement, semiconductor manufacturing and industrial automation, the Company's shares are listed on the TSX Venture Exchange and trade under the symbol "ACU". The Company was formerly "ACT Aurora Control Technologies". For more information, Aurora's website is located at www.aurorasolartech.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.

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