24.7.2006: Meldung: Arise Technologies Corp.: stock options granted

ARISE Technologies Corporation

Arise grants stock options
Friday July 21, 5:35 pm ET

WATERLOO REGION, ON, July 21 / ARISE Technologies Corporation, announced today that it has granted 1,927,500 options to officers, employees and consultants to purchase common shares at $0.41 per share. The options were priced at the Discounted Market Price as allowed under the terms of the option plan as of the close of markets on July 20, 2006.

The option grant includes 300,000 options for Mr. Ian MacLellan, Vice-Chairman and CEO of ARISE. In addition, 850,000 options and 300,000 options respectively were granted to prospective employees contingent on their joining ARISE in an executive role.

About ARISE

ARISE Technologies is dedicated to accelerating the use of solar energy in mainstream North American markets. The Company"s shares are listed on the TSX Venture Exchange under the symbol APV and on the Frankfurt Open Market Exchange under the symbol A3T. Additional information is available at www.arisetech.com and www.sedar.com.

Certain statements contained in this press release may be considered as forward-looking. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from estimated or implied results.

The TSX Venture Exchange has neither approved nor disapproved the
contents of this news release.


For further information

ARISE Technologies Corporation, 321 Shoemaker Street, Kitchener, Ontario, Canada N2E 3B3, Tel. (519) 725-2244, Fax: (519) 725-8907, www.arisetech.com
Ian MacLellan, Vice-Chairman & CEO, (519) 725-2244 x222, ian.maclellan@arisetech.com, www.arisetech.com
TSX Venture Exchange Symbol: APV


Source: ARISE Technologies Corporation
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