Targray Technology International announces that it has entered into the start of an Asian distribution agreement with Washington Mills AS for the exclusive distribution of its CARBOREX silicon carbide product in Taiwan.

Montreal, Quebec, Canada, January 23rd, 2012—Targray Technology International announces that it has entered into the start of an Asian distribution agreement with Washington Mills AS for the exclusive distribution of its CARBOREX silicon carbide product in Taiwan. Washington Mills AS is one of the world's largest producers of high quality micro grits and sub-micron powders, and has been perfecting its processing technologies since 1962. With this distribution agreement, Targray now offers Taiwanese wafer manufacturers a complete line of high quality, tightly graded silicon carbide grains and precision-sized powders capable of slicing silicon into ultra thin wafers for better silicon yields and reduced costs.

"Targray has well-established working relationships already in place with all our potential customers in Taiwan," said Stig R. Ofstad, General Sales Manager at Washington Mills AS. "Their strong relationships with Taiwanese Wafer manufacturers and successful sales track record in the Taiwan PV industry will accelerate our penetration into that important market."

"We are confident that working with a global company like Washington Mills, who is renowned for quality and innovation, will create tremendous value for the Taiwanese market and help our customers reduce total costs," said Cheong Wei Chua, Product Manager, Solar Consumables at Targray. "This is an excellent product for wire slicing silicon wafers, and we're very excited to bring it to our customer base in Taiwan."

Washington Mills' CARBOREX silicon carbide powders are produced with the highest quality raw materials, resulting in particles with added toughness and wear resistance. This high purity crystalized SiC provides customers with the ability to slice ultra-thin silicon wafers , achieve greater silicon yields and reduce total cost of wafer slicing.


About Washington Mills AS
Washington Mills AS is an integrated company for manufacturing and processing CARBOREX silicon carbide grains and powders. It is a wholly owned subsidiary of Washington Mills, North America's largest manufacturer of silicon carbide, aluminum oxide and other advanced specialty electro-fused minerals. Washington Mills AS is one of the world's largest producers of high quality micro grits and sub-micron powders as well as a manufacturer of crystalline and metallurgical silicon carbide crude. The Company's technical expertise, commitment to quality, and its ability and enthusiasm to supply the growing silicon carbide demands of its customers, sets Washington Mills apart from the competition. Washington Mills AS has been furnacing CARBOREX silicon carbide crude and perfecting its micro grit and powder processing technologies since 1962. For more information about Washington Mills AS, please visit the company website at http://www.washingtonmills.no/

About Targray Technology International, Inc.
Founded in 1989, Targray Technology is a leading worldwide supplier of solar silicon and advanced materials and consumables to the Solar Industry. Targray offers a full-line of Photovoltaic materials and focused solutions which enable solar cell and module manufacturers to maximize their cell and module quality and reliability, while significantly lowering their manufacturing cost per watt. The Company works with several global partners to bring to market materials including Polysilicon, Solar Wafers and Cells, Broken Solar Cells, Silver Paste, Sputtering Targets, Silicone Sealants, Adhesives and Potting Agents, Tabbing Ribbon, Encapsulant, Aluminum paste, Junction boxes and more. Targray is a global company with operations and customers in over 50 countries throughout Asia, Europe and the Americas. Targray's portfolio of high-technology products are supplied to the Solar, Lithium-ion Battery, Biofuels and Optical Media industries. For more information about Targray, contact the company at 18105 Trans-Canada, Kirkland, Qc, Canada, H9J 3Z4, tel: (514) 695-8095, fax: (514) 695-0593, email: info@targray.com, or visit the company website at www.targray.com.


Targray Media Contact:
Derbhla Dunne
Marketing Communications Manager
t. +1-514-695-8095
f. +1-514-695-0593
marketing@targray.com