Utica Leaseco

Utica Leaseco, LLC (Utica), an asset-based specialty finance business as well as Ubiquity Solar Inc. (Ubiquity), a photovoltaic or pv (PV) modern technology company, delight in to reveal the implementation of a conclusive agreement, whereby Ubiquity has actually acquired from Utica legal rights to the intellectual property, R as well as D, manufacturing, stock as well as various other properties (the GaAs Assets) previously part of Alta Devices (Alta) of Sunnyvale, CA. As part of the parties' purchase, Utica will obtain specific warrants to purchase capital stock of Ubiquity.