America’s Leading Manufacturer of Rare Earth and Advanced Material Products

        U.S. SALES & ADMINISTRATION: 10884 WEYBURN AVE. LOS ANGELES, CALIFORNIA  90024

March 14, 2007

PRESS RELEASE

 FOR IMMEDIATE RELEASE

AMERICAN ELEMENTS ANNOUNCES NEW AE SOLAR ENERGY™ PRODUCT GROUP

[ March 14, 2007, Los Angeles, CA ] American Elements announced today the formation of a new product group to merge production, sales and marketing of its solar energy photovoltaic products including silicon, CIS and CIGS solar energy materials and related products into a single product group under its tradename AE Solar Energy™. The effected operations will include silicon, cadmium, indium, gallium, selenide and several other elemental materials and the crystal growth, nanoparticle and thin film manufacturing departments.

The consolidation is intended to streamline sales and customer support of solar energy materials and combine production capabilities where possible for better efficiency. The consolidation will not result in any worker or staffing reductions.

For further technical and pricing information on AE Solar Energy™ products, please contact your local American Elements distributor or American Elements U.S. corporate headquarters at (1)310-208-0551, FAX (1)310-208-0351 or corporate.relations@americanelements.com. American Elements is America’s leading manufacturer and supplier of advanced material products with distribution offices in Europe, Asia and South America.