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Solterra Renewable Technologies Partners with JETRO to Introduce Tetrapod Quantum Dot Semiconductor Materials & Low-Cost, Highly Efficient Tetrapod Quantum Dot Solar Cell Technologies to Japan


News provided by

Solterra Renewable Technologies

May 12, 2010, 02:07 ET

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TEMPE, Ariz., May 12, /PRNewswire/ -- Solterra Renewable Technologies, a wholly owned subsidiary of Quantum Materials Corporation (OTC Bulletin Board: QTMM), today announced its participation in the Japanese External Trade Organization's (JETRO) program for bringing businesses to Japan. Building upon its tetrapod quantum dots and tetrapod quantum dot solar cells being developed in North America, Solterra has been selected to use JETRO's services and will be able to access potential business partners, recruitment companies, legal advisors and temporary office spaces in Japan.

"As Solterra & Quantum Materials Corp. expand sales efforts, we have been actively looking for partners around the world to promote and distribute our low-cost, highly efficient tetrapod quantum dots and quantum dot solar cells to the global marketplace. We have already established a presence in the Kingdom of Saudi Arabia and are now greatly pleased to be selected by JETRO to help open doors for us in Japan," said Stephen Squires, CEO of Solterra Renewable Technologies, Inc. "With JETRO's help we can now focus on the Japanese market, bringing our innovative technology to their robust electronic manufacturing industry as well as their emerging energy industry.  JETRO will be a key medium in the launching our Tetrapod Quantum Dot Materials & Quantum Dot Solar Cell businesses throughout Japan and will be a strategic partner in facilitating the expansion of our market share."

Quantum Materials (Solterra's parent company) develops tetrapod quantum dots for use in a variety of industries including solar, pharmacology, paints, LEDs and lighting systems. Solterra Renewable Technologies focuses on the use of tetrapod quantum dots in an innovative and cost reducing way to produce solar cells.  Together, we employ innovative processes to produce a variety or organic and inorganic tetrapod quantum dots using our worldwide exclusive license and proprietary processes. Tetrapods have many unique properties that provide superior performance over traditional quantum dots. Unlike traditional quantum dot manufacturing, Quantum Materials uses novel techniques, which we believe will enable the company to overcome barriers to entry, such as, high volume production in high tech markets. Our technologies offer the ability to produce stand-alone tetrapod quantum dots in large quantities at attractive pricing. As the home of some of the worlds leading consumer electronics manufactures, Japan was a logical next step in executing the company's strategic vision. Through this partnership, we believe we will be able to introduce attractive, innovative, cost reductions in the use of tetrapod quantum dot materials and tetrapod quantum dot based solar cells to Japan. Quantum Materials Corp. and our Tetrapod Quantum Dot technologies have the potential to enable an array of emerging technologies many of which are in the consumer electronics field.

About Solterra Renewable Technologies, Inc. & Quantum Materials, Inc.

Solterra is singularly positioned to lead the development of truly sustainable and cost-effective solar technology as the first company to introduce a new dimension of cost reduction by replacing silicon wafer-based solar cells with low-cost, highly efficient Quantum Dot-based solar cells. Solterra is a subsidiary of Quantum Materials, Inc. (http://www.solterrasolarcells.com)

QUANTUM MATERIALS CORPORATION:  We believe that advanced technology is the solution to global issues related to cost, efficiency and increasing energy usage. Tetrapod quantum dot semiconductors enable a new level of performance in a wide array of established consumer and industrial products, including green, low cost flexible solar cells, low power lighting and displays and biomedical innovations..

About JETRO, or Japan External Trade Organization, is a government-related organization that works to promote mutual trade and investment between Japan and the rest of the world. Originally established in 1958 to promote Japanese exports abroad, JETRO's core focus in the 21st century has shifted toward promoting foreign direct investment into Japan and helping small to medium size Japanese firms maximize their global export potential. JETRO helps companies worldwide to set up their offices in Japan quickly and cost effectively by providing expertise, resources, and industry connections.

JETRO Contact in San Francisco

201 Third St.

Suite 1010

San Francisco CA 94103

+1-415-392-1333

FAX: +1-415-788-6927

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This press release contains forward-looking statements that involve risks and uncertainties concerning our business, products, and financial results. Actual results may differ materially from the results predicted. More information about potential risk factors that could affect our business, products, and financial results are included in our annual report and in reports subsequently filed by us with the Securities and Exchange Commission ("SEC"). All documents are available through the SEC's Electronic Data Gathering Analysis and Retrieval System (EDGAR) at http://www.sec.gov/ or from our website listed above. We hereby disclaim any obligation to publicly update the information provided above, including forward-looking statements, to reflect subsequent events or circumstances.

For more information, please contact:

Lauren Milner

American Capital Ventures

305.918.7000

www.amcapventures.com

Quantum Materials is a public company traded OTC: Symbol QTMM

SOURCE Solterra Renewable Technologies

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