Despatch Industries Receives Large Firing Furnace Order From LDK Solar

MINNEAPOLIS, MN--(Marketwire - October 25, 2010) -  Despatch Industries, a leading technology and equipment provider for the solar industry, has received a large quantity order of metallization firing furnaces from LDK Solar. LDK Solar is the world's largest manufacturer of multicrystalline solar wafers and polysilicon and photovoltaic products. LDK will be utilizing the Despatch equipment in the company's most recent production expansion project. 

"We are very pleased to work with LDK Solar on their latest manufacturing line expansions," states Steve Oman, Despatch Global Sales Director. "The solar cell manufacturing growth in China continues to drive demand for our firing furnaces. The quality of our equipment, our innovative technology and our customer support make Despatch the first choice supplier to the world's top solar manufacturing companies."

Despatch's CF Series and UltraFlex™ metallization firing furnaces remain the number one selection among global solar cell manufacturers. In the last year, Despatch has seen a surge in demand for its firing furnaces from solar manufacturing companies in China. This heightened demand has driven Despatch to achieve record-setting sales in China. Worldwide, Despatch has reached over 27GW of total firing furnace production orders. 

"We chose Despatch equipment for our rapid capacity expansion projects because Despatch is an industry leader that supports our performance and production capacity goals," states Dr. Yuepeng Wan, LDK Chief Technology Officer. 

About Despatch Industries: Despatch Industries is the global leader in producing innovative, next generation tools and technology for the solar cell manufacturing industry. The company's regional offices and complete global service network allow Despatch to provide local sales and product support to all customers worldwide. Despatch equipment is consistently recognized for exceptional performance and process quality, optimal cell efficiency, maximum uptime and reduced operating costs. For more information on Despatch visit our website: www.despatch.com

About LDK Solar: LDK Solar Co., Ltd. (NYSE: LDK) is a leading vertically integrated manufacturer of photovoltaic (PV) products and the world's largest producer of multicrystalline wafers. LDK Solar manufactures polysilicon, mono and multicrystalline ingots, wafers, modules, and engages in project development activities in selected segments of the PV market. Through its broad product offering of mono and multicrystalline solar wafers and modules, LDK Solar provides its customers with a full spectrum of solutions. LDK Solar's headquarters and manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi Province in the People's Republic of China. LDK Solar's office in the United States is located in Sunnyvale, California. For more information about LDK, please visit www.ldksolar.com

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Amber Schramm
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