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DYESOL AND SIGMA-ALDRICH SIGN GLOBAL DISTRIBUTION AGREEMENT FOR DSC AND ssDSC MATERIALS

Announcement posted by Dyesol 14 Aug 2014

DYESOL AND SIGMA-ALDRICH SIGN GLOBAL DISTRIBUTION AGREEMENT FOR DSC AND ssDSC MATERIALS

Queanbeyan, Australia, Day, 14 August 2014 – Dyesol Limited (ASX:DYE), a global leader in Dye Solar Cell (DSC) materials manufacture, announced today it has signed a global distribution agreement with Sigma-Aldrich® Corporation (NASDAQ: SIAL), a leading life science and high technology company, whereby Sigma-Aldrich will distribute Dyesol’s entire portfolio of DSC and solid state DSC (ssDSC) materials.
 
The agreement extends a previous alliance focused on organo-metallic dyes and brings greater exposure to Dyesol’s complete line of products. Dyesol is recognised globally for manufacturing DSC materials with the highest degree of quality control and reliability delivering the highest performance characteristics.
 
“Sigma-Aldrich is well known for high quality products, exceptional service and the strength of its global distribution network. Our alliance provides scientists around the world with easy and dependable access to Dyesol’s extensive line of dye solar cell materials, including new dyes, titanium pastes, electrolytes, materials for ssDSC and our superior set of conductive silver inks for the printed electronics and solar industry,” said Dr. Luca Sorbello, Sales and Marketing Manager, Dyesol.
 
“This agreement opens market opportunities for high performance Dyesol products and provides Dyesol greater exposure to an established user community that has experienced the benefits of the quality provided by Sigma-Aldrich. In addition, Sigma-Aldrich will expand its product selection aimed at the rapidly growing DSC and ssDSC materials market. It is my belief that this agreement will ultimately benefit the scientific community,” concluded Dr. Sorbello.
 
Dr. Yanek Hebting, Head of Production, Dyesol, added, “Our agreement with Sigma-Aldrich demonstrates Dyesol’s ability to meet the quality, performance and reliability requirements of the DSC market. Dyesol possesses the right tools, the knowhow, and a scientific staff that produces the highest quality materials. We are committed to serving the scientific community with products that enable researchers to achieve the best results from their experiments.”
 
About Sigma-Aldrich®
Sigma-Aldrich, a leading Life Science and High Technology company focused on enhancing human health and safety, manufactures and distributes 230,000 chemicals, biochemicals and other essential products to more than 1.4 million customers globally in research and applied labs as well as in industrial and commercial markets. With three distinct business units – Research, Applied and SAFC Commercial – Sigma-Aldrich is committed to enabling science to improve the quality of life. The Company operates in 37 countries, has more than 9,000 employees worldwide and had sales of $2.7 billion in 2013. Sigma-Aldrich is a trademark of Sigma-Aldrich Co, LLC registered in the US and other countries.
For more information about Sigma-Aldrich, please visit its website at www.sigma-aldrich.com.
 
About Dyesol Limited
Dyesol is a renewable energy supplier and leader in Solid State Dye Solar Cell (ssDSC) technology – 3rd Generation photovoltaic technology that can be applied to glass, metal, polymers or cement. Dyesol manufactures and supplies high performance materials and is focussed on the successful commercialisation of ssDSC photovoltaics. It is a publicly listed company: Australian Securities Exchange ASX (DYE), German Open Market (D5I), and the USA’s OTCQX market (DYSOY). Learn more at www.dyesol.com and subscribe to our mailing list in English and German.
 
About Dye Solar Cell Technology
Solid State Dye Solar Cell (ssDSC) technology is a photovoltaic technology based on applying low cost materials in a series of ultrathin layers encapsulated by protective sealants. Dyesol’s technology has lower embodied energy in manufacture, produces stable electrical current, and has strong competitive advantage in low light conditions relative to 1st and 2nd Generation PV technologies. This technology can be directly integrated into the building envelope to achieve highly competitive building integrated photovoltaics (BIPV).
The key material layers include a hybrid organic-inorganic halide-based perovskite light absorber, a nano-porous metal oxide of titanium oxide, and an organic semiconductor. Light striking the absorber promotes an electron into the excited state, followed by a rapid electron transfer and collection by the titania layer. Meanwhile the remaining positive charge is transferred to the organic semiconductor, thereby generating an electrical current.
For inquiries and further information contact Kathryn Denby, Dyesol Investor Relations, Tel: +61 (0)2 6299 1592 or email kdenby@dyesol.com
 
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Media & Investor Relations Contacts:
 
Dyesol Headquarters: Kathryn Denby, Investor Relations Tel: +61 (0)2 6299 1592, kdenby@dyesol.com
 
Australia: Viv Hardy, Callidus PR Tel: +61(0)2 9283 4113 or +61 (0)411 208 951, viv@calliduspr.com or louise@calliduspr.com
 
Germany & Europe: Eva Reuter, Dr Reuter Investor Relations Tel: +49 177 605 8804, e.reuter@dr-reuter.eu