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Xantrex™ secures order valued at more than US$1.5 million for GT5.0 solar inverters from new customer Anbelo Solar S.L.
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VANCOUVER, B.C., April 15, 2008 – Xantrex Technology Inc. (TSX:XTX) announced today it has received an order valued at more than US$1.5 million from new customer Anbelo Solar S.L. for Xantrex’s five kilowatt (kW) single phase grid-tie solar inverters. The GT5.0SP solar inverters will be installed at two sites in the Albacete, Spain region with delivery taking place in the second quarter of 2008.  The first installation, called “El Derramadero,” is for a one megawatt (MW) system and the second, called “Santa Barbara,” is for a two MW system.

“This order is an important step as we strengthen Xantrex’s position in the Spanish solar market,” said Mossadiq S. Umedaly, Xantrex Chairman. “We are very pleased that Anbelo Solar chose the new GT5.0SP for these significant installations.”

Xantrex GT Series Solar Inverters efficiently convert direct current (DC) power from solar panels into high-quality alternating current (AC) power for the electricity grid. The GT single phase solar inverters range in power levels from 2.5 kW to 5.0 kW, offering system integrators and installers the ability to better meet the capacity requirements of a broad spectrum of solar system sizes.  Xantrex grid-tie inverters have become the inverters of choice for a growing number of solar system integrators and their customers, offering a compact solution with excellent value, performance, efficiency, reliability, and ease of installation.

Xantrex CEO John Wallace commented, “We are delighted to form this new relationship with Anbelo Solar and provide our GT5.0SP solar inverters for the Spanish solar market.  We are committed to building a successful partnership with the team at Anbelo Solar.”

One of the founders of Anbelo Solar S.L., Antonio Lucas Cerro, said, “Xantrex inverters were chosen because of the good references in the market, the high quality of the products, and  reputable brand. These PV plants are a long term investment and we were looking for a reliable and high quality inverter, which we have found in the Xantrex GT5.0SP.”

About Xantrex
Xantrex Technology Inc. (www.xantrex.com) is a world leader in the development, manufacturing and marketing of advanced power electronic products and systems for the renewable, programmable, and mobile power markets. The company’s products convert and control raw electrical power from any central, distributed, renewable, or backup power source into high-quality power required by electronic and electrical equipment. Headquartered in Vancouver, British Columbia, the company has facilities in Arlington, Washington; Livermore and San Diego, California; Elkhart, Indiana; Barcelona, Spain; and Reading, England. Xantrex is listed on the Toronto Stock Exchange under the ticker symbol "XTX".

About Anbelo Solar
Anbelo Solar is a company dedicated to the promotion, construction, management and maintenance of solar photovoltaic installations mainly in the provinces of Murcia and Albacete. Headquartered in Albacete, Spain, the company was created in 2005 and it has completed 5 PV plants to date.

Note that this news release may contain forward-looking statements related to Xantrex Technology Inc. Such statements reflect the current views of Xantrex with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated in these forward-looking statements. Xantrex and smart choice for power are trademarks of Xantrex International, registered in the United States and other countries.

For further information, please contact:
Investor Relations
(604) 422-2601
investor.relations@xantrex.com

 
   
   
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