07.03.06

7.3.2006: Meldung: ARISE Technologies Corporation: New Chairman announced

ARISE Technologies Corporation, announced effective today that Vern Heinrichs has become Chairman of the Board for the Company. Brian Smith will become Chair of the ARISE Advisory Council. The ARISE Advisory Council has recently taken on a more strategic role as several of its members are key to implementing our solar grade silicon feedstock strategy.

Mr. Heinrichs has been a director of the Company since 2001. He is a businessman and a professional engineer. Upon graduating from the University of Toronto with a B.Sc. and MBA, he worked for Shell Oil"s economics department for 5 years. He then joined a leading mortgage consulting and brokerage firm, and after 5 years left to join one of his clients, the Toronto based developer Orlando Realty Corporation as Executive Vice President. Since 1973 he has worked internationally. In Denver, Colorado Mr. Heinrichs, together with partners, undertook the development of several residential and business parks including the Denver Tech Center. Mr. Heinrichs moved to London, England in 1991 and has been on corporate boards of eight technology based companies in Canada, USA, England, Holland and Switzerland. These companies include Specialty Technical Publishers, Intelex, Ingenuity Works, and Intertrans Logistics Solutions.

Mr. Smith has been an ARISE director and Chairman since 2003 and will retire from the ARISE Board. He will take on a new role with the Company as Chair of the ARISE Advisory Council. Brian stated "My business commitments in the west are making it impossible to give this company the attention it needs and deserves as it moves to the next step. I have enjoyed working with you, the dedicated staff and with the loyal members of the Board."

Ian MacLellan, ARISE CEO stated, "On behalf of the entire Company, I would like to thank Brian for all of his guidance and wisdom over the last three years. Brian"s new role will allow him to continue to provide strategic insight to the Company at a level of time commitment he is able to provide. As we move to the next step, we need a Chairman that could increase his time commitment to ARISE and I am pleased that Vern is able to do this at this next step in our history."

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

Contact: ARISE Technologies Corporation, 321 Shoemaker Street, Kitchener, Ontario, Canada, N2E 3B3, Tel. (519) 725-2244, Fax: (519) 725-8907, www.arisetech.com

Source: ARISE Technologies Corporation
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