From: Kim Forte  Sent: Thursday, September 30, 2004 9:19 PM To: firstname.lastname@example.org Subject: Global Solar Tower Prospects Firm with Licence for China Joint Venture - EnviroMission Australian Stock Exchange Announcement Importance: High
Greetings from EnviroMission.
Today EnviroMission announced to the Australian Stock Exchange the completion of a landmark investment out of China into our long-term investor and major shareholder, US based SolarMission Technologies, Inc.
The investment by Sunshine Energy (Aust) Pty Ltd, representing 5% of SolarMission's current issued capital, signaled the execution of a licence to the 'Technology Rights' to build, own, operate and maintain Solar Towers in China.
The 'Technology Rights' agreement precedes a groundbreaking Joint Venture for energy development in China that will involve a profit sharing agreement between SolarMission Technologies, and Sunshine Energy (Aust) Pty Ltd to a Chinese Joint Venture (to be formed). This will ensure ongoing cooperation and involvement of all parties in Solar Tower development to China and will include EnviroMission Limited - Australia's exclusive Solar Tower developer.
Ongoing benefit is expected to flow through to EnviroMission as development of Solar Tower power stations evolves in international markets.
Solar Towers will be part of a solution to the security of energy supply and will be a clean green outcome using extreme engineering for sustainable development.
We'll keep you posted.
Best wishes and power on!
"The problems of the world cannot possibly be solved by skeptics or cynics whose horizons are limited by the obvious realities. We need people who can dream of things that never were." John F. Kennedy, Ireland, 28 June 1963
Power On !
Kim Forté Communications & Public Relations Manager EnviroMission Limited +61 3 9693 5605/0414 690356 www.enviromission.com.au