29.7.2006: Meldung: GiraSolar, Inc.: Orders and Payments

GiraSolar Receives Orders and Payments of $ 7,560,000
Thursday July 27, 8:51 am ET

DEVENTER, THE NETHERLANDS-- Jul 27, 2006 -- GiraSolar, Inc. is pleased to announce its subsidiary DutchSolar BV has obtained and executed supply orders in June and July, valued at $ 7,560,000. The materials were shipped in June and July and payment received in full.

COO Koen Dirven of GiraSolar BV stated: "Revenue growth within the group is developing better than expected and we are now more than comfortable with our set targets for the end of September."

DutchSolar focuses entirely on enterprise transactions.

Any reference to contract value is made in accordance with Dutch accounting standards. Material differences exist between US GAAP accounting standards and Dutch standards including but not limited to material differences in how revenue and expenses are recorded.


GiraSolar, Inc.

Source: GiraSolar, Inc.
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