BEIJING, Apr 12, 2007 (BUSINESS WIRE) -- Southwall Technologies Inc. (OTCBB:SWTX) announced a Strategic
Partnership Agreement with ECO Green Building Research Center and GB
Sunshine Glass Technology to deliver innovative, energy-saving glass
solutions for commercial building in China. These products will
incorporate Southwall's advanced Heat Mirror(TM) and XIR(TM) film
technologies to dramatically improve energy efficiency in buildings,
enabling architects to achieve new levels of sustainable design
performance. The Agreement was signed during opening ceremonies of the
3rd International Conference on Intelligent, Green and Energy
Efficient Building & New Technologies and Products Expo in Beijing.
Southwall Executive Vice President Dennis Capovilla, ECO Director
Liu Xiaotian, and GBS General Manager Pan Lianglong signed the
landmark agreement that creates a new model of cooperation between
Chinese and US companies to jointly develop and promote innovative
green solutions for China's rapidly growing commercial building
"The growing awareness of green building in China not only ensures
the future of the environment but also represents an enormous business
opportunity'" said Capovilla. "There is no doubt that China will
continue its rapid economic growth and play an increasingly important
role in the global economy. We view China's adoption of sustainable
design concepts as a compelling growth opportunity for Southwall's
core energy-saving products, and we are pleased to work with such
influential partners to jointly develop this exciting market."
Representatives from the Ministry of Construction, Zhejiang
Provincial Department of Construction, Wenzhou Municipal Department of
Construction, top universities, architectural design agencies and real
estate developers were present to witness the event.
About Southwall Technologies Inc.
Southwall Technologies Inc. is recognized worldwide as a leading
innovator in the development and manufacture of high performance films
and glass products that dramatically improve the energy efficiency of
architectural and automotive glass. Southwall is an ISO
9001:2000-certified manufacturer with customers in over 25 countries
around the world, including Audi, BMW, DaimlerChrysler, Mitsui
Chemicals, Guardian, Peugeot-Citroen, Philips, Pilkington, Renault,
Saint-Gobain Sekurit, and Volvo.
About ECO Green Building Research Center
ECO is a professional scientific research organization established
by various design institutes, universities, and business enterprises
supporting environmental protection. Since 2005 ECO has successfully
organized the annual International Intelligent and Green Building
Technologies and Products Conference & Expo in Beijing and has
strongly influenced the development of energy efficient building in
China. Through its devotion to the Chinese green building industry,
ECO has gained professional knowledge and experience on green building
planning and has established worldwide relationships with numerous
industry specialists and academic organizations. ECO has successfully
completed many notable sustainable design projects in China, such as
the planning of Blue Bay of Beautiful North Green Residential
Buildings, which is the first Green Building Demonstration Project of
the Ministry of Construction in Zhejiang Province.
About GB Sunshine Glass Technologies
GB Sunshine Glass Technologies is a newly established company
under ECO to promote and sell high performance glass products
incorporating Heat Mirror(TM) and XIR(TM) spectrally selective films
from Southwall Technologies. The company will leverage the
professional service and channels of ECO, and the production
capability of Southwall's existing local fabricator to promote energy
saving glass products in the China market.
SOURCE: Southwall Technologies Inc.
Southwall Technologies Inc.
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