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Company News:
Xantrex™ expands European grid-tie solar product line with introduction of 30 kilowatt inverter
VANCOUVER, B.C., June 12, 2008 – Xantrex Technology Inc. (TSX:XTX) is expanding its European grid-tie solar product line with a 30 kilowatt (kW) class inverter for grid connected photovoltaic (PV) arrays. The Xantrex GT30E Grid-Tie Solar Inverter is a new high performance inverter that makes utility-interactive installations easier and more cost effective. The GT30E is manufactured in Germany with a compact, isolated high frequency design that weighs only 80 kilograms so it can be wall-mounted, which is a first for an inverter at this power level. The GT30E has a peak efficiency rating over 95% and it incorporates advanced Maximum Power Point Tracking (MPPT) technology to maximize the energy harvested from a PV array. “We are excited to add the new Xantrex GT30E to our existing three phase inverter line,” said John R. Wallace, Xantrex CEO. “The commercial solar market is growing rapidly in Europe, and the Xantrex three phase solar inverter product line has state-of-the-art technology and is a top quality, cost effective option for dealers, distributors and project integrators.” Xantrex inverters efficiently convert direct current (DC) power from solar panels into high-quality alternating current (AC) electricity for sale to the utility grid. Xantrex solar inverters offer premium performance, reliability, value, easy installation, and high power density; making them the preferred choice for an increasing number of renewable energy installers and customers in Europe. The Xantrex European customer service network in Spain and Germany provides installation and commissioning support, product training and a hotline for maintenance service. 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. Xantrex is headquartered in Vancouver, Canada, with facilities in Arlington, Livermore, San Diego, and Elkhart, United States; Barcelona, Spain; Reading, England; Berlin, Germany; and a joint venture in Shanghai, China. Xantrex is listed on the Toronto Stock Exchange under the ticker symbol "XTX". Note that this news release contains 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: Xantrex Media Relations In Europe, please contact:
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