Montreal, Quebec – Building on Heraeus‘ already significant market share, Targray announces that it has doubled its sales of Heraeus’ HeraSol™ Silver Metallization Paste from Q1 to Q2 2010. The Company’s ability to grow Heraeus Silver Paste business by 107% from one quarter to the next reinforces Targray’s position as a leading provider of high-performance materials to cell and module manufacturers globally. Targray has been working exclusively with Heraeus since 2007 to bring its cutting-edge HeraSol Silver Paste compositions to PV manufacturers world-wide. Targray also works with several other global partners to bring a full line of PV materials to the market.

The HeraSol compositions are a series of screen printable front and back side silver conductors that have already been adopted in the market by leading solar cell manufacturers. These advanced silver metallization pastes, customizable to suit various manufacturing processes, have demonstrated increased efficiency and fill factor as well as wider processing windows. The result has been better yields and higher output for cell manufacturers.

The latest generation of Heraeus HeraSol front and rear side Ag Pastes represent the most advanced conductor solutions on the market today,” states Patrick Boutard, Targray’s Paste Products Manager. “Customers interested in increasing the output efficiency of their cells, need to be evaluating this generation of Heraeus pastes.”

Targray is an important sales channel for our Ag Paste,” explains Andy London, Heraeus Vice President. “The tremendous sales growth they have achieved is a testimony to the knowledge level and extreme professionalism of the Targray Global Solar team. We value our partnership and we’re excited about continued growth in the years to come.”

About Targray
Founded in 1987, Targray Technology is a leading worldwide supplier of silicon and high-quality raw materials and consumables to the Solar Industry. Targray offers a full-line of Photovoltaic materials and focused solutions which enable solar cell and module manufacturers to maximize their cell and module quality and reliability, while significantly lowering their manufacturing cost per watt. The Company works with several global partners to bring to market materials including Polysilicon, Solar Wafers and Cells, Broken Solar Cells, Sputtering Targets, Silicone Sealants, Adhesives and Potting Agents, Tabbing Ribbon, Encapsulant, Aluminum paste, Junction boxes and more. Targray is a global company with operations and customers in over 50 countries throughout Asia, Europe and the Americas.

About Heraeus
Heraeus, the precious metals and technology group headquartered in Hanau, Germany, is a privately owned global company with over 155 years of tradition. Our businesses include innovative materials for the solar industry, precious metals, sensors, dental products and biomaterials, as well as quartz glass and specialty lighting sources. With product revenues approaching € 3 billion and precious metal trading revenues of € 13 billion, as well as nearly 13,000 employees in more than 110 countries worldwide, Heraeus holds a leading position in its global markets.


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