Konarka Announces Settlement of Patent Lawsuit Against Plextronics

Lowell, Mass.- Aug. 29, 2011 - Konarka Technologies, Inc., an innovator in development and commercialization of Konarka Power Plastic®, a lightweight, flexible material that converts light to electricity, today announced that it has settled a patent lawsuit against Plextronics. The lawsuit was settled on grounds mutually satisfactory to each party. 

About Konarka Technologies, Inc.
Konarka Technologies develops and manufactures solar plastic films that convert light to electricity – 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 Nürnberg, Germany, a business development office in Japan and a research and development facility in Austria. For additional information, visit http://www.konarka.com.

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