Frost & Sullivan Lauds ASOLA's Robust Growth and Virtual Domination in the Solar Power Market

LONDON, September 27, 2010 - Based on its recent research on the solar power market, Frost & Sullivan
has presented ASOLA Advanced and Automotive Solar Systems GmbH (ASOLA) with
the "2009 World Advanced Mobile Solar Technology Growth Leadership Award." In
a fast-growing industry facing challenges of high costs, failing standards
and an increasing need for technologies that will enable the mass production
of state-of-the-art solar panels to meet the growing and varied photovoltaic
(PV) needs of customers, ASOLA stands apart with its year-by-year growth,
burgeoned by its superior products, high quality standards, customer-centric
approach and multiple successful partnerships.

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"With more than 20 years of experience in solar power, ASOLA's prime
field of expertise is automotive solar engineering. This is an area it
dominates, as the competition is almost non-existent," says Frost & Sullivan
Research Associate Suchismita Das. "For the last three years, ASOLA has
experienced a rise of more than 60 percent in its annual revenues."

At the Detroit Motor Show in 2009, Fisker Automotive, Inc. officially
presented its new luxury sports car, KARMA, which features an innovative
Q-DRIVE, plug-in hybrid technology. The entire roof of KARMA, assembled with
PV technology from ASOLA, is the largest, high-performing spherical solar
module worldwide.

Solar applications designed and manufactured for the automotive industry
impose stricter stipulations and tolerances than other types of solar
applications. To meet industry standards, ASOLA must define its technical
details regarding optics, curved modules and interconnections. Efforts to
meet expectations related to automotive quality assurance, such as ISO/TS
16949, must exceed those required by usual practices and applications in the
solar industry. This includes risk assessment techniques and advanced product
quality planning, so as to reduce unnecessary hazards.

The production and delivery of ASOLA's modules undergo both in-depth
design tests and top-level quality assurance tests at production and
just-in-time delivery. ASOLA modules have been recognised by the
International Electrotechnical Commission (IEC) 61215 compliance approval and
are authorized by the German technical inspectorate TUV, shown to be in
compliance with the Safety Class II standards.

"ASOLA has and will continue to lead as an environment friendly and
innovative company offering economic usage of high-quality solar technology,"
notes Das. "Moreover, it has been promoted as one of the top volume
manufacturers in the entire PV industry since it reached the annual output
capacity of over 45 MW in 2009."

Apart from offering standardized solar modules, ASOLA also provides
custom PV solutions, in which customer demand is satisfied by company
expertise. Tailored PV solutions are provided to customers in laminated solar
cell forms, or in small series or large modules. For the automotive industry,
ASOLA offers a solar sunroof/roof system integrated with solar cells, as well
as a sunroof combined with solar modules. ASOLA also prioritizes customer
comfort by providing them with the benefits of power use for ventilation
while parking, battery charging and pre-air conditioning, thereby reducing
consumption of the onboard power supply.

The company has also taken huge strides forward through successful
partnership ties and contracts. For instance, it has improved its battery
recharging by working in direct co-operation with reputed car manufacturers
including Audi, DaimlerChrysler, Volvo, and BMW. Further, Quantum Fuel System
Technologies Worldwide, Inc. (Quantum), a partner of ASOLA, has strategically
acquired 24.9 percent of ASOLA's shares.

All these factors justify ASOLA's dominance of the automotive solar
technology market. In recognition, Frost & Sullivan is proud to present the
company with the 2009 World Advanced Mobile Solar Technology Growth
Leadership Award. Each year, Frost & Sullivan presents this award to a
company that has demonstrated excellence in capturing the highest annual
compound growth rate for the last three years.

Frost & Sullivan Best Practices Awards recognize companies in a variety
of regional and global markets for demonstrating outstanding achievement and
superior performance in areas such as leadership, technological innovation,
customer service, and strategic product development. Industry analysts
compare market participants and measure performance through in-depth
interviews, analysis, and extensive secondary research in order to identify
best practices in the industry.

About ASOLA

Established in 2001, by the company's CEO Mr. Reinhard Wecker, ASOLA
started working on PV building samples and prototypes at the new Technology
and Media Centre in Erfurt, Germany. In 2003, the company started its
production of standard modules for outdoor arrays and building roofs. ASOLA
started its venture for road vehicles in 2004, by developing large roof
systems. Long-term industry experience, technical know-how, strategic
measures, research and development, and customer centric approach are some of
the key factors which led ASOLA in becoming a reputed name in the solar power
industry, serving the advanced mobile solar technology with high-quality
solar modules. www.asola-power.com

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to
accelerate growth and achieve best-in-class positions in growth, innovation
and leadership. The company's Growth Partnership Service provides the CEO and
the CEO's Growth Team with disciplined research and best-practice models to
drive the generation, evaluation, and implementation of powerful growth
strategies. Frost & Sullivan leverages over 45 years of experience in
partnering with Global 1000 companies, emerging businesses and the investment
community from 40 offices on six continents. To join our Growth Partnership,
please visit www.awards.frost.com.

    Contact:
    Chiara Carella                          Reinhard Wecker
    Corporate Communications - Europe       CEO ASOLA
    P: +44-(0)-20-7343-8314                 P: +49-361-241425-11
    E: chiara.carella@frost.com             E: r-wecker@asola-power.com

Chiara Carella, Corporate Communications - Europe of Frost & Sullivan, +44-(0)-20-7343-8314, chiara.carella at frost.com; or Reinhard Wecker, CEO of ASOLA, +49-361-241425-11, r-wecker at asola-power.com