Tegal Announces Opening of Sequel Power Offices in Argentina and Chile

Tegal Corporation (NASDAQ:TGAL) today announced that Sequel Power, its portfolio company dedicated to the development and operation of large-scale photovoltaic (PV)-based solar utility projects, has opened offices in Buenos Aires, Argentina, and Santiago, Chile.

The new offices, which serve Sequel Power’s customers and partners in South America, are overseen by Prince Alexander von Sachsen, Sequel Power’s Chairman of South America and Middle East/Africa.

Sequel Power is currently working on South American large-scale photovoltaic-based solar utilities projects in Argentina, Chile and Ecuador.

“South America is a tremendous growth region for utility-scale solar energy projects,” said Sequel Power President and Chief Executive Officer Ferdinand Seemann. “These projects require Sequel Power to have an ongoing presence in these important markets. We are grateful for the warm reception we have received at our new locations, and we are delighted to be a central part of the solar industry in South America.”

About Tegal

Since its founding in 1972, Tegal Corporation has been dedicated to the development and application of emerging technologies. Often on the forefront of major inventions, Tegal’s process and capital equipment know-how enabled the development and manufacturing of leading-edge devices – from early microprocessors to advanced memory and LEDs, as well as to newest filtering and sensing devices that are present in the most advanced smart phones. Through its recent investment in sequel Power, Tegal is engaged in the promotion of solar power plant development projects worldwide and other renewable energy projects. In addition, Tegal is actively evaluating opportunities for partnerships with other diversified technology-based companies in order to exploit our shared experience and to enhance our value as a public company. Tegal is headquartered in Petaluma, California. Please visit us on the web at www.tegal.com.

About Sequel Power

In 2011, Tegal formed, along with Se2quel Partners LLC, a new company dedicated to the development and operation of large-scale photovoltaic (PV)-based solar utilities in the United States, Latin America, the Middle East and Africa. Currently, Sequel Power has more than a dozen active projects in six countries with major partners in various stages of analyzing and developing solar utilities. More information may be obtained at www.sequelpower.com.

Tegal (NASDAQ:TGAL)
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