Mr. Andreas Tapakoudes reports

QSOLAR PROVIDES UPDATE ON TUV SUD AND TUV SUD UL CERTIFICATION PROCESS AND REPORTS SUCCESSFULLY PASSING TUV SUD FACTORY INSPECTION AUDIT

QSolar Ltd. has provided an update pursuant to its Dec. 17, 2013, Jan. 7, 2014, May 13, 2014, and June 23, 2014, news releases regarding the certification process for the QSS solar module range of products currently undergoing testing in the independent TUV SUD (Jiangsu TUV Product Service Ltd., Shanghai branch) contract laboratory in the United States. The corporation is pleased to report positive factory audit inspection results from the factory inspection audit performed on June 9, 2014, at QSolar's manufacturing facilities in Shanghai, China, as part of the TUV SUD and TUV SUD UL certification procedures. QSolar has successfully passed the audit according to TUV SUD inspectors.

The corporation is also pleased to report that TUV SUD has advised management that QSolar has successfully passed 21 tests out of 38 total tests that will be performed by TUV SUD under the testing and certification process being performed in the United States. TUV SUD has also advised the corporation that complete testing results will be provided to QSolar as soon as practicable. TUV SUD's could not provide a definitive time estimate for completion of the testing process, but it did say that it would use its best effort to co-ordinate available U.S. personnel and laboratory resources.

Based on a few findings from TUV SUD inspectors, QSolar was provided with some recommendations for further improvement in process and production. QSolar was advised that this event has brought Qsolar a big step closer toward the IEC (International Electrotechnical Commission) certification, according to TUV SUD inspectors. QSolar was extremely pleased that TUV SUD was able to complete this certification procedure while the U.S. certification laboratory testing continues.

"Successful completion of the Shanghai factory inspection audit by TUV SUD inspectors allows QSolar to make a big step in the overall certification process," stated Andreas Tapakoudes, chief executive officer. "If the certification process is successfully completed, it will be the first time since the inception of solar modules some 60 years ago that a solar panel with an innovative design in every respect, and made without glass and toxic compounds, would be certified. The corporation has worked extremely hard to perfect the QSS family of products in order to meet the stringent requirements of the certification processes," added Mr. Tapakoudes.

The purpose of the testing is to obtain TUV SUD UL1703 certification, CSA UL Mark, including IFE CSA audit, fire test, TUV SUD IEC61215, IEC61730 certification, and universal CB report and certificate for access for country-specific certifications for the QSS 250W product family.

QSolar will continue to provide updates regarding the results of the certification process as soon as they are known.

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