Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

SwissINSO Issues Chairman's Letter to Shareholders


News provided by

SwissINSO Holding Inc.

10 Dec, 2012, 16:28 GMT

Share this article

Share toX

Share this article

Share toX

LAUSANNE, Switzerland, December 10, 2012 /PRNewswire/ --

SwissINSO Holding Inc. (OTCBB:SWHN), a pioneer in the development and application of new solar technologies and products targeted at enhancing the aesthetics and overall efficiency of Building Integrated Photovoltaic and Thermal solar energy solutions, today issued a Letter to Shareholders from its Chairman & CEO, Rafic Hanbali, reviewing the progress of its operations and outlook for 2013.

The following letter will be posted on the company's website.

Dear Shareholders:

Let me start by introducing myself. My academic training was as a physicist. However, very early on in my career, I developed an aptitude for identifying potential business opportunities and exploited these by building a number of successful companies, several of which were technology-based.

When I was first introduced to SwissINSO in late 2011, I saw tremendous potential in the company's technology and how my background as a physicist, investor and entrepreneur could be leveraged to bring this technology to market. I subsequently became Chairman and CEO in order to execute this strategy.

The objectives for success were clear to me -- transition our KLYMAA™ technology from the lab, scale up and validate this technology through a series of industrial production runs, and produce a range of aesthetic and efficient photovoltaic and thermal solar panels and tiles in various colors using our patented KLYMAA glass technology.

The year 2012 has been an eventful one, with significant progress and necessary changes. Our objectives are clear and our strategy defined. We are now well-positioned to launch KLYMAA in January 2013 and, with your continued support, to build a profitable business for our investors and employees.

Strategic Realignment

In 2012, the Board took several strategic decisions regarding its two product lines -- KRYSTALL™ and KLYMAA™.

KRYSTALL

In order to focus on our unique KLYMAA technology and avoid potential confusion in the market caused by selling two distinctly diverse product lines, the Board decided to carve out the KRYSTALL solar-powered water purification business into a completely separate business unit with its own resources and management structure.

KLYMAA

Following the carve-out of KRYSTALL, we focused all our resources and efforts on accelerating product development of our breakthrough KLYMAA nanotechnology color-coated glass used in the production of photovoltaic and thermal solar panels and roof tiles, since this product had the potential to generate the most significant revenues for the company.

The ability to combine color and aesthetics into solar-panel production is a significant paradigm shift in an industry dominated by black and blue panels, and will provide SwissINSO with a significant competitive advantage in a market flooded with companies that have little or no product differentiation.

Our range of colored KLYMAA panels will remove the barriers that have existed to installing solar panels on building facades, and will create a new architectural freedom and an acceptance to cover a greater surface of a building, thereby maximizing the amount of solar energy that can be generated. This energy can be used to power air-cooling, heating or hot water systems.

The technical process utilized in the production of KLYMAA improves the surface texture of the glass, thus limiting considerably the ability of dirt and dust to accumulate on the panels and reduce efficiency. Embedding of logos and patterns on the glass surface of the panels is also possible.

Product Industrialization

During 2012, the company embarked on a series of ambitious initiatives that presented many challenges but resulted in many successes.

One such success was the industrialization of our KLYMAA technology that, at the close of 2011, was only in late-stage development in the EPFL laboratories. Having transitioned the technology from the lab, we then produced a range of photovoltaic and thermal panels using several colors of KLYMAA glass to validate the scale up of this technology in a manufacturing environment. The results of this work met all our expectations.

A number of buildings are already scheduled to have SwissINSO KLYMAA panels installed. The first such project is scheduled for early 2013.

Product Launch:

In January 2013, SwissINSO will launch its range of KLYMAA products through a series of press announcements and road-shows. This launch will be supported by a new interactive website which better addresses the needs of our client base i.e., architects, property owners, industrialists and BIPV/T companies (integrators of photovoltaic and thermal solar panels and tiles).

As I write, we are producing several hundred square meters of glass in four different colors that will be incorporated into a range of solar panels and roof tiles for our product launch inventories.

Later in the year, we will exhibit our full product range at several leading international industry trade shows.

Solar Energy Laboratory (LESO) at EPFL

Recognizing the importance of an on-going product development pipeline, we continue to strengthen our relationship with the Ecole Polytechnique Federale de Lausanne (EPFL) and have increased our investment in the area of product development.

We have also defined our collaboration with the EPFL for 2013 and will focus on product testing, integration and certification, new product and process development.

In addition, we have reached an agreement with the EPFL to hire as the Head of SwissINSO R&D the scientist who undertook the initial research on KLYMAA, produced the complex nanotechnology sputtering formulas and was instrumental in the design and application of our products.

Intellectual Property:

Two robust patents have been filed by the EPFL on behalf of SwissINSO covering our KLYMAA technology, with more patent filings scheduled in 2013.

Business Development:

While our primary focus during 2012 has been on technology validation and product industrialization, we have presented our range of KLYMAA products to several groups of architects, homeowners and industrialists. The response received has been overwhelmingly positive. There is no doubt that KLYMAA will have a significant impact on the market when we launch the product in 2013 and, while priced as a premium product, we expect rapid take off and growth in revenues.

In addition, we have met with a number of leading companies involved in the production of solar glass and solar panels to assess their potential interest in our products. The results have also been extremely positive and we are currently in advanced stages of discussion with them regarding potential joint ventures and business alliances.

Investor Confidence and Future Funding:

Over the past year, we have also spent considerable time rebuilding investor confidence and raising sufficient funds to undertake the activities listed in this Letter. This funding has enabled us to validate and industrialize our KLYMAA technology and produce our product launch inventories.

In this respect, I am extremely grateful to our leading investors who, having seen the progress we made over the past year, agreed to participate in funding our product launch activities.

In addition to this support on the financing front, these investors also agreed to convert $4,500,000 in debt and accrued interest to equity, resulting in a healthier balance sheet and improved investment proposition to new investors.

In Summary:

Considerable progress has been made during 2012, and 2013 will most certainly be an exciting chapter in the growth of SwissINSO. Our momentum will not stop and we shall bring you a series of exciting new press releases as we continue gaining business traction, showing and promoting our products installed on buildings, and entering into a series of strategic partnerships.

I would like to take this opportunity to thank you all for your continued support in the period ahead.

Rafic Hanbali

Chairman & CEO

http://www.SwissINSO.com

"Safe Harbor" Statement:

A number of statements contained in this press release are forward-looking, made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including our ability to raise capital when needed and on acceptable terms and conditions, the intensity of competition, and general economic factors. The actual results SwissINSO Holding Inc. may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. SwissINSO Holding Inc. encourages the public to read the information provided here in conjunction with its most recent filings, which can be viewed at: http://www.sec.gov.

http://www.SwissINSO.com

Source: SwissINSO Holding Inc.

Modal title

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.