LAS VEGAS, Jan. 30, 2012 (GLOBE NEWSWIRE) -- Salamon Group, Inc. (OTCBB:SLMU) ("Salamon" or the "Company") is pleased to announce that Sunlogics Power, its wholly owned subsidiary, has become the senior secured creditor of ARISE Technologies Corp. Sunlogics Power is also consulting on ARISE's day to day operations of its systems business.
About ARISE.
ARISE Technologies Corporation, based in Waterloo, Ontario, is dedicated to becoming a leader in high-performance, cost-effective solar technology. Through its dedicated team in Canada and Germany, ARISE is engaged in the development of proprietary technologies for the manufacture of high-efficiency photovoltaic (PV) cells and for the production of lower-cost 7N+ high-purity silicon for PV cells. ARISE also provides turnkey PV solutions for solar farms and rooftop installations.
About Salamon Group
Salamon Group Inc., through its Sunlogics Power Fund Management Inc. division, is a solar energy project company specializing in renewable energy power projects. It is a project-acquiring partner of Sunlogics Plc and it Subsidiary as well as other third party project developers.
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