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Konarka and Japan-Based Kogent Announce Distribution Agreement

Agreement to Drive Distribution of Konarka's Power Plastic throughout Japan

Lowell, Mass. - Dec 10, 2010 - Konarka Technologies, Inc., an innovator in development and commercialization of Konarka Power Plastic®, a material that converts light to energy, today announced the company has signed a distribution agreement with Yokohama, Japan-based Kogent, Inc., a subsidiary of Macnica Group, one of the leading distribution companies in Japan. Under the agreement, Kogent will distribute Konarka's organic, flexible, thin-film solar material that converts light to energy to the Japan region. Kogent will help to penetrate the electronics and the energy harvesting market from a medium- and long-term standpoint by utilizing their nationwide network in the region.

"Konarka is committed to delivering Power Plastic for various electronic applications of all sizes around the globe," commented Shinji Kawahara, director of business development, Japan at Konarka. "With Kogent's established involvement in the region coupled with Konarka's highly efficient, cost-effective solar technology, we expect to expand Konarka's presence in this opportunity rich area of the world."

Konarka's Power Plastic is a unique, lightweight and flexible material that lends itself to a wide range of applications where traditional photovoltaics are not effective. The National Energy Renewable Laboratory (NREL) recently certified that Konarka's organic based photovoltaic (OPV) solar cells demonstrated a world record breaking 8.3% efficiency, the highest performance recorded by NREL for an organic photovoltaic single junction solar cell.

"The energy harvesting market has tremendous potential and is expected to expand to many industries and applications in the near future," commented Motoshi Mineo, president at Kogent. "With Konarka's innovative technology and standards in developing only the best thin-film photovoltaic products on the market, Konarka Power Plastic will be at the core of our energy harvesting business plan. We are delighted to be working with Konarka as we expect successful distribution to the market."

About KOGENT, Inc.
KOGENT, Inc.-a Japan–based distribution company, is one of the subsidiaries of MACNICA Group and 100% owned by MACNICA Group. KOGENT has been concentrating on optical networking and ASIC businesses with optical modules, ASSPs and a variety of Custom ICs with supporting complex Design Software. KOGENT has also been developing its original ICs (including Motor Driver ICs & Analog ICs). Recently KOGENT has decided to focus on the Energy Harvesting market as future high and rapid growth field in the electronics industry worldwide partnering with synergistic suppliers in the Energy Harvesting market. KOGENT has global sales channels which are the same as MACNICA Group. Additional information about KGT is available at www.kogent.co.jp.

About MACNICA, Inc.
MACNICA, Inc.-a Japan–based distribution company, was established in 1972, and specializes in supplying the electronics, information and communications industries with a wide variety of semiconductor-based, high-value-added electronic products, equipment, and software. MACNICA and its subsidiaries are leaders in the high-technology fields in which they operate. In recent years, in addition to supplying devices, MACNICA also started providing customers with in-depth technical support. MACNICA has maintained its position as a leading supplier of advanced-technology products by consistently adhering to its corporate creed of, "continuously sowing seeds close by." Through such means as securing early-stage partnerships with venture businesses in Silicon Valley and elsewhere that have advanced technology with outstanding potential, MACNICA is able to support technical development and supply products that precisely satisfy customer needs. MACNICA has also been expanding its Asian coverage into major countries in the region, such as China, Taiwan, Hong Kong, Singapore, Malaysia,
Philippines, and India, through MACNICA, Inc. Asia Pacific, to provide total Pan Asian coverage for its suppliers. Through its increased penetration worldwide, MACNICA, Inc. has become a True Global Mega Technical Distributor with demand creation business model. Additional information about MACNICA is available at www.macnica.co.jp/english/index.html.

About Konarka Technologies, Inc.
Konarka Technologies develops and manufactures solar plastic films that convert light to energy – anywhere. As the leading developer of polymer-based, organic photovoltaic (OPV) technology that provides a source of renewable power in a variety of form factors, Konarka has a broad portfolio of patents, technology licenses and an accomplished technical, scientific and manufacturing team. Manufactured at low cost and low energy consumption, the company's Konarka Power Plastic® technology is lightweight, flexible, scalable and adaptable for use in a variety of commercial, industrial, government and consumer applications. Konarka Technologies is headquartered in Lowell, Mass., U.S.A. and has a full scale production manufacturing facility in New Bedford, Mass. U.S.A., with European headquarters in Nurnberg, Germany, business development offices in Asia and a research and development facility in Austria. For additional information, visit http://www.konarka.com. 

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