Quantum Solar Power Completes Interim Financing
19 February 2010 - 7:33AM
Marketwired
Quantum Solar Power Corp (OTCBB: QSPW), a development stage company
engaged in the advancement of Next Generation solar cell
technology, today announced that, pursuant to a open-ended,
revolving line of credit agreement with Canadian Integrated Optics
(IOM) Limited, it has completed a round of interim financing
resulting in gross proceeds to the Company of $250,000.
About Quantum Solar Power Corp
Quantum Solar Power Corp has developed a "Next Generation
Device" (NGD) solar cell technology. Quantum's NGD is a patent
pending, functioning laboratory model that demonstrates its utility
in solar power conversion without the necessity of utilizing
expensive silicon semiconductor-based technologies. By relying on
Quantum's NGD principle the conversion of light energy to
electricity can be more than tripled over other low cost PV
technologies. Accordingly, Quantum has the potential for
manufacturing solar cells at significantly less cost per watt than
current producers, without any limit to deployment on the terawatt
scale. The Company's headquarters is located in Santa Fe, New
Mexico and its web address is www.quantumsp.com.
Contact: Daryl Ehrmantraut President and CEO dje@quantumsp.com
(505) 216-0725
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