compound semiconductor ♦ news digest

whom are scientific founders of Natcore. It was collectively felt that the acquisition of Vanguard Solar and the integration of its technology into Natcore’s intellectual property portfolio would continue to expand the depth and breadth of Natcore’s impact on the solar energy industry.

As consideration for the purchase of Vanguard Solar, Natcore has agreed to issue Vanguard shareholders common shares of Natcore Technology, subject to the approval of the TSX Venture Exchange. Specific terms of the transaction will be provided upon closing of the acquisition.

“We are particularly excited about this acquisition because it represents another compelling outgrowth of Prof. Barron’s foundational work in chemical processes that mimic materials growth in nature,” says Chuck Provini, Natcore’s President and CEO. “In fact, our company name, a combination of ‘nature’ and ‘core,’ was chosen to reflect this synthesis of natural processes--like the growth of an abalone shell-- that grow extraordinary materials in widely varied environments. By employing ultra-pure chemicals and modern materials science, Prof. Barron has been able to combine the best of man and nature.”

Statements in this press release other than purely historical factual information, including statements relating to revenues or profits, or the Company’s future plans and objectives, or expected sales, cash flows, and capital expenditures constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company’s business, including risks inherent in the technology history. There can be no assurance that such forward- looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such statements. Except in accordance with applicable securities laws, the Company expressly disclaims any

obligation to update any forward-looking statements or forward-looking statements that are incorporated by reference herein.

SOURCE Natcore Technology Inc.

Imec and partners start work on EU project PRIMA

2010-03-31

Imec announces that it has started work, together with its project partners, on PRIMA, a project under the EU’s 7th framework program for ICT (FP7).

The project’s goal is to improve the efficiency and cost of solar cells though the use of metallic nanostructures. Next to imec, the project coordinator, the partners involved in PRIMA are Imperial College (London, UK), Chalmers University of Technology (Sweden), Photovoltech (Belgium), Quantasol (UK) and Australian National University (Australia).

Certain nanostructured metallic surfaces show unique characteristics: they can absorb and intensify light at specific wavelengths. This is because the incoming light results in a collective oscillation of the electrons at the metal’s surface. This phenomenon, studied under the name plasmonics, has many promising applications. It can be exploited to transmit optical signals through nanosized interconnects on chips, in nanoparticles that recognize and interact with biomolecules, or in solar cells.

With solar cells, metallic nanostructures can boost the absorption of light into the cell’s photoactive material. And with an enhanced light absorption, it is possible to produce cells with less base material, thus thinner and cheaper cells. Metal nanostructures can improve the absorption in various types of cells, for example crystalline Si cells, cells based on high-performance III-V semiconductors, or organic and dye-sensitized solar cells.

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