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Opel awarded for a second year as member of the 2012 TSX Venture 50

This ranks the firm, which incorporates Opel Solar which manufactures III-V multi-junction solar cells, in the top 50 for a number of criteria. These include share price appreciation, trading volume, market capitalisation growth and analyst coverage.

The 2012 TSX Venture 50 is a ranking of strong performing companies listed on TSX Venture Exchange.

It is comprised of ten companies from each of five sectors: Clean Technology, Mining, Oil & Gas, Diversified Industries, and Technology & Life Sciences.

"As a technology Company that consistently advances its solar and semiconductor businesses, Opel is proud to again be a member of this elite group of companies on the TSX Venture Exchange," said Leon M. Pierhal, CEO of Opel Technologies. "Capitalising on innovation and new market opportunities for solar technology and our state of the art semiconductor POET process continues to drive our success at Opel. We look forward to persistently growing our offerings."

In a summary statement, Pierhal added, "As technological strides and economic developments in both businesses continue to be achieved, we will proceed to quantify and verify each breakthrough or event. Once we are able to do so, we will disseminate the material information on a timely basis."

Opel Solar, through Odis Inc., a U.S. company, designs III-V semiconductor devices for military, industrial and commercial applications, including infrared sensor arrays and ultra-low-power random access memory. The Company has 35 patents issued and 16 patents pending in PV systems technologies and for its semiconductor POET process. The POET process enables the monolithic fabrication of integrated circuits containing both electronic and optical elements, with potential high- speed and power-efficient applications in devices such as servers, tablet computers and smartphones. 
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