Al-AbdulKarim Holding and SolarOne® Solutions, Inc. Announce License Agreement for Solar Lighting Systems in Saudi Arabia

Deal Signed at US-Saudi Investment Forum Conducted with King Salman's First Visit to U.S.

September 9, 2015 Al-AbdulKarim Holding (AKH) and SolarOne Solutions have signed a license agreement to assemble, install and service SolarOne's solar powered street light systems in Saudi Arabia.

This agreement comes on the heels of significant orders received by the firms to install SolarOne's solar streetlights along roadways leading to remote industrial facilities in the Kingdom.

The partners signed the deal at the September 4th "US-Saudi Investment Forum 2015" held in Washington D.C. in conjunction with King Salman's historic visit to the United States and meeting with President Obama.

The agreement is the next step in the SolarOne/AKH relationship after the firms jointly secured orders to install more than 2000 solar powered street light systems to illuminate over 60 Kilometers of roadway leading to remote oil and gas production facilities.

Al Abdulkarim Holding  (AKH) of Dammam Eastern Province, Kingdom of Saudi Arabia supplies from internationally recognized Corporations quality Products, Services and Solutions to the Oil & Gas,  Petrochemical industries,  Power, Telecommunications , Instrumentation & Plant  Automation, Banking and Commercial Construction.  As part of the expansion of AKH, Naizak Global Engineering Systems as a key subsidiary has been incepted to master Supply Chain Management services, Consultancy, Turnkey Solutions & Implementation for:

* Renewable Energy Systems   *Industrial Automation * Plant IT * Enterprise Applications & Services * Data centers * Electrical & Power Systems * Laboratory Systems *Communications

AKH have successfully marked inception of its manufacturing sector in 2009, Industrial System Group (ISG) which is set for a series of manufacturing in the Kingdom. The first factory already in operation makes Anti Explosive Electrical Materials, Industrial Automation that serve in Oil & Gas fields and Energy Facilities, Process Analytical Systems  of gases & liquids, Test Vans, Environmental & Emission monitoring systems and control cabinets.  As part of ISG development in 2011 AKH started manufacturing of GRP / FRP Products; Cable Tray & Ladder Tray The air-conditioned manufacturing facilities spread across 18, 700m² strategically located in the Eastern Province, Kingdom of Saudi Arabia.

AKH has branches all over the Kingdom and operates in the GCC and India through its subsidiary East West International (EWI) the international arm of AKH.  Furthermore, EWI extends its services in USA, China, Japan, United Kingdom and Italy.

SolarOne Solutions, Inc. Of Needham, Massachusetts is the leader in commercial-scale solar-powered LED lighting systems. The company combines highly efficient LED lamps and its patented SO-Bright® technology, to provide performance and reliability at levels comparable to commercial grid-connected lighting. With systems operating in a wide range of environmental conditions since 2004, SolarOne established itself as the first to develop and deploy solar powered area lighting systems using white LED technology. Today, SolarOne and its SO-Bright® Technology is the choice of many well-established municipalities and institutions including the City of Toronto, City of Los Angeles, and Massachusetts Maritime Academy. SolarOne's systems are deployed across the United States as well as in international locations including Saudi Arabia, Abu Dhabi, Mexico and Nigeria.