Automodular Corporation

Automodular Corporation

November 17, 2010 13:37 ET

Automodular Corporation: Update on Solar Industry Opportunity

AJAX, ONTARIO--(Marketwire - Nov. 17, 2010) - Automodular Corporation ("Automodular") (TSX:AM) announces that it has decided not to proceed further with the previously announced potential business combination with a company in the solar energy industry.

Automodular Corporation is a supplier of sub-assembly, sequencing, transportation and logistics services. The Company has two operating facilities and employs approximately 525 people.

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