November 12, 2008
Trina Solar to Locate North American Base in San Francisco
CHANGZHOU, China, Nov. 12 /Xinhua-PRNewswire-FirstCall/ -- Trina Solar Limited (NYSE: TSL; ''Trina Solar'' or the ''Company''), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, founded in 1997, today announced it has chosen the City of San Francisco as the location for its North America base.
"This is an important step in our continuing commitment to deliver high quality Trina Solar PV modules to customers in the North American markets," commented Mr. Jifan Gao, Chairman and CEO of Trina Solar. "As our geographic footprint continues to expand, we remain committed to a location with tremendous talent to provide the support and services that have allowed us to create strong customer relationships throughout the world."
"In the race to become the premiere US gateway for Chinese companies expanding into the North American market, San Francisco has scored another important win with Trina Solar," said San Francisco Mayor Gavin Newsom. "Trina Solar's decision to locate their North American base in San Francisco highlights the City's strength as both a center for cleantech innovation and as a destination for leading Chinese companies looking for a world-class location for their US operations. I am proud to welcome Trina Solar to San Francisco. Arturo Herrero, VP of Sales & Marketing remarked: "We are very pleased to expand our sales & marketing and customer service in the U.S. in 2009. By enhancing direct and closer interaction with our customers, we will be able to manage the significant demand for Trina Solar products we are seeing in the region."
"We recognize the importance of solar as the need for efficient, clean energy in America continues to accelerate," commented Yimei Wong, who manages North America operations. "As the first global solar company entering the city through Mayor Gavin Newsom's 'ChinaSF' International Economic Development Program, we are honored to help build long-lasting business partnerships and be part of a premier gateway between China and North America."
About Trina Solar Limited
Trina Solar Limited is a well recognized manufacturer of high quality modules and has a long history as a solar PV pioneer since it was founded in 1997 as a system installation company. Trina Solar is one of the few PV manufacturers that has developed a vertically integrated business model from the production of monocrystalline and multicrystalline ingots, wafers and cells to the assembly of high quality modules. Trina Solar's products provide reliable and environmentally-friendly electric power for a growing variety of end-user applications worldwide. For further information, please visit Trina Solar's website at http://www.trinasolar.com/ .
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, Trina Solar's ability to raise additional capital to finance its activities; the effectiveness, profitability, and marketability of its products; the future trading of the securities of the Company; the ability of the Company to operate as a public company; the period of time for which its current liquidity will enable the Company to fund its operations; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the Company's operating results and financial condition; the Company's ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed in the Company's filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the companies and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward looking statements are reasonable, they cannot assure you that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.
For more information, please contact: Trina Solar Limited Terry Wang, CFO Phone: +86-519-8548-2008 (Changzhou) Thomas Young, Director of Investor Relations Phone: +86-519-8548-2008 (Changzhou) Email: [email protected] CCG Investor Relations Crocker Coulson, President Phone: +1-646-213-1915 Email: [email protected] Richard Micchelli, Financial Writer Phone: +1-646-454-4516 Email: [email protected]
Trina Solar Limited
CONTACT: Terry Wang, CFO, +86-519-8548-2008 (Changzhou); Or Thomas Young,Director of Investor Relations, +86-519-8548-2008 (Changzhou), [email protected], both of Trina Solar Limited; Or Crocker Coulson, President,+1-646-213-1915, or [email protected]; Or Richard Micchelli, FinancialWriter, +1-646-454-4516, or [email protected], both of CCG InvestorRelations
Web site: http://www.trinasolar.com/