iLAND Green Technologies SA: iLand Green Technology SA to acquire

flexible solar panel manufacturer Xunlight Corporation

Bevaix, Zürich, Toledo 29/01/2014 (pta011/29.01.2014/09:30 UTC+1) The Board of Directors of iLand Green Technology SA ("iLand") (Berlin Exchange, 1IL) is delighted to announce the successful completion of negotiations with Emerald Technology Ventures AG ("Emerald"), Zurich, Switzerland, www.emerald-ventures.com concerning the 100% acquisition of our existing flexible solar panel technology and production partner Xunlight Corporation ("Xunlight")Toledo, USA, www.xunlight.com.

Emerald, Xunlight and iLand have entered into a Letter of Intent to effect a share exchange agreement whereby iLand will acquire 98-100% of the issued and outstanding common shares of Xunlight effective January 31st, 2014. The purchase price for the transaction amounts to 3,900,000. - Eur and will be settled as part of a capital increase in iLand with the issuance of 3.9 million shares at a price of 1, -Eur. Shareholders in Xunlight will receive those shares through a share exchange of their holdings in Xunlight. As a result of the transaction, Emerald who is the majority and controlling shareholder in Xunlight will then hold approximately 40% of iLand's common shares. Emerald will also have one board member appointed to the iLand board of directors to represent their interest as a strategic long-term position investor.

"This acquisition is very strategic for us and should provide us with a secure supply chain for our solar powered solutions" commented iLands CEO Louis Phillipe Antunes who further stated: "we also see numerous synergies with our products and marketing and sales efforts."

John E. Buckey, President of Xunlight said: "We are very excited to be part of iLand. This combination will allow us to increase penetration into our existing markets in North and South America, Europe, Africa and Australia by providing iLand's innovative portable solar products directly to the end user. It is an important step in furthering our corporate mission to deliver high performance, lightweight and flexible energy products that provide independence and connectivity to everyone under the sun."

Daniele Oppizzi, the founder of iLand who will be appointed as the President of the group of Companies also said: "On paper and in real world applications I believe the solar panels of Xunlight are currently the best on the world market. With iLands sales network and its connections into the industry, the military and in many countries such as Africa, South America and Asia I see this combination giving the group an edge against the competition resulting in a positive development for the company and its shareholders and will be for the future growth of the group of great importance."

Markus Moor, a partner of Emerald and a board member of Xunlight commented by saying: "Xunlight's and iLand's product portfolios, competencies and geographic activities complement each other very well. It was the next logical step in the Companies evolution and development to join together.
Furthermore, iLand is a public company and we see this combination as a excellent step to having access to public markets and in growing value for all stakeholders."

About iLand

Founded in 2008, iLAND green technologies SA (hereafter referred to as ILAND) offers 'turnkey' packs of generators (no specific prior installation required) and integrated solutions in the sphere of solar systems and technology (awnings, solar pack for mobility, etc.). ILAND has based its product development research on the needs of professionals generally using fuel generators in their activities, on the definition of rural electrification projects in emerging countries, as well as on experiences from outdoor activities such as expeditions and explorations. Our product has found a natural use in security and rescue situations without access to electrical networks, such as civil defence, army, police, etc.

About Emerald Technology Ventures AG

Emerald Ventures is a global investor in energy, water and Clean Technology, with over Eur 340 million under management. Founded in 2000, Emerald has been a venture capital pioneer in these industrial sectors and has invested in fifty companies to date. From offices in Zurich, Switzerland and Toronto, Canada, Emerald manages three venture capital funds and two venture capital portfolio mandates. Investors include leading financial institutions, family offices and multinational corporations.

About Xunlight

Xunlight Corporation, founded in 2006, is a venture-backed advanced technology company that specializes in the development and production of high-performance, flexible, and lightweight solar panels and small but powerful solar generators. Their technology is based on amorphous silicon solar modules and.technology that was developed by Co-Founder Dr. Xunming Deng in his University of Toledo Thin Film Silicon Photovoltaic Laboratory. Through our innovative technology and high-speed roll-to-roll manufacturing process, we are revolutionizing the development of thin-film silicon-based photovoltaic solutions.

Risk Discloser

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ILAND Green Technologies SA

Tel.: +41 32 724 81 44
Fax: +41 32 930 81 46

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Emitter:	iLAND Green Technologies SA route des Maladières 22 2022 Bevaix Switzerland
Contact Person:	Louis Philippe Antunes
Phone:	+41 32 724 81 44
E-Mail:	info@iland-solar.com
Website:	www.iland-solar.com
ISIN(s):	CH0141495942 (Share)
Stock Exchange(s):	Free Market in Berlin