ARC Energy Strongly Denies All GT Solar Hong Kong and GT Solar Crystal Systems LLC Litigation Claims

NASHUA, N.H.--(BUSINESS WIRE)--Advanced RenewableEnergy Company, LLC (ARC Energy) today issued the following statement, which can be attributed to Daniel Lyman, secretary and general counsel:

“GT’s action will not distract ARC Energy’s commitment to providing its customers with the most advanced technologies and best possible products and services. Nor will it distract us from our mission to deliver innovative, highly automated, sapphire crystal growth equipment and services which dramatically reduce production costs.”

“ARC Energy has reviewed the Complaint filed last week by GT Solar Crystal Systems LLC and GT Solar Hong Kong, Limited and found it completely without merit. ARC’s sapphire crystallization equipment and processes are entirely our own. We will defend against this action vigorously and we intend to win.

“GT’s action will not distract ARC Energy’s commitment to providing its customers with the most advanced technologies and best possible products and services. Nor will it distract us from our mission to deliver innovative, highly automated, sapphire crystal growth equipment and services which dramatically reduce production costs.”

About ARC Energy

Headquartered in Nashua, N.H., the Advanced RenewableEnergy Company, LLC, was founded in 2007 to commercialize cutting edge technologies for LED and other clean energy markets. ARC Energy provides highly automated and efficient sapphire crystal growth and processing systems to enable rapid scale production and cost reduction of LEDs.