2.5.2007: Meldung: Arise Technologies Corp.: new CFO

Arise Technologies Corporation welcomes new CFO at company
Monday April 30, 7:50 pm ET

Waterloo, ON, April 30 / Following its announcement of April 11, 2007, Arise Technologies Corporation is pleased to announce that David Chornaby has started with the Company as Chief Financial Officer, effective April 25, 2007. As CFO, Dave will be responsible for all aspects of financial reporting and management for the Company. As per the terms of his agreement, he has been granted 300,000 options at $1.00.

Of these options, 75,000 will vest immediately. The remaining 225,000 options will vest in 75,000 increments every six months. The expiration date of the stock option agreement is April 9, 2012.

Dave is a Certified Management Accountant who brings 23 years of diverse financial and managerial experience to Arise. He has worked in both technology and manufacturing environments, predominantly with Hewlett-Packard (Canada) Ltd., where he served in a number of progressively senior positions, including Division Controller, Manufacturing Manager and Division General Manager. Most recently, he was VP Finance & Operations for SBS Technologies (Canada), Inc., a division of General Electric, having served in a variety of other senior roles with predecessor companies over the past ten years.

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. 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, 65 Northland Road, Waterloo, Ontario, Canada, N2V 1Y8, T: (519) 725-2244, F: (519) 725-8907, www.arisetech.com
David Ward, Director, Communications & Investor Relations, T: (519) 772-5709, C: (416) 953-7638, david.ward@arisetech.com

Source: Arise Technologies Corporation
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