THE WOODLANDS, Texas, Feb 26, 2010 Evolution Solar Corp. (PinkSheets:EVSO) announced that Michael Franklin, Director of Asian Operations, has executed an exclusive contract to supply one million Chinese manufactured wafers per month to Okaya & Co., Ltd. www.okayaelec.co.jp and Shinetsu Film www.shinetsu.co.jp of Japan. The contract provides a commission payment per wafer and is initially termed for a year, with provisions for possible extensions.
Technical outlook: EVSO is coming off very oversold conditions on a technical basis. traders and investors are anxiously waiting to see if the stock will challenge its 50 day moving average at .26 in the next few days. A breach of this level, you could see another round of buying.
Evolution Solar Corporation, (EVSO), commercializes leading edge alternative solar energy technologies and related photovoltaic technologies, equipment and next generation appliances. Evolution Solar is an emerging industry leader capitalizing on its understanding of solar technology and supporting the development of alternative energy plans for large corporations and government organizations. Evolution Solar is also an expert consultant agency to organizations in their strategic and procurement plans for alternative energy contracts with public utilities.






