Dankoff Solar Acquisition is Off

April 2, 2004 [SolarAccess.com] Ontario-based ARISE Technologies Corporation’s initial bid to acquire Dankoff Solar Products, has been mutually terminated since the two parties couldn’t close the deal by March 31, 2004. This will also result in the termination of a previously disclosed $5 million private placement financing. Neither company has indicated yet what stalled the deal but ARISE said the two have agreed to continue informal discussions with respect to a possible transaction in the future. ARISE is a Canadian solar energy distributor as is Dankoff Solar in the United States. Access:
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