DGAP-News: Phoenix Solar AG

DGAP-News: Phoenix Solar strengthens its commitment to quality and sustainability management

DGAP-News: Phoenix Solar Aktiengesellschaft / Key word(s): Miscellaneous Phoenix Solar strengthens its commitment to quality and sustainability management

22.04.2016 / 09:00 The issuer is solely responsible for the content of this announcement.

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Phoenix Solar strengthens its commitment to quality and sustainability management

- Three companies within the Phoenix Solar Group obtain ISO 9001:2015, ISO 14001:2015 certifications

- Joint management system ensures quality levels throughout the Group

- Upgrade to 2015 standards entails even more comprehensive approach to include stakeholder interest

Sulzemoos, Germany, April 22nd, 2016 / Phoenix Solar AG (ISIN DE000A0BVU93), a leading international photovoltaic system integrator listed in the Prime Standard of the Frankfurt Stock Exchange, has been awarded the ISO 9001:2015 and ISO 14001:2015 certificates for its enhanced quality and environmental management system.

Due to increasing operating activities reflecting the strong growth and improved performance of the Phoenix Solar Group as a whole, a revised quality and environmental management system was implemented at the end of the 2015 financial year at three European companies of the Group. Phoenix Solar complies with the revised standards ISO 9001:2015 and ISO 14001:2015. These assume that long-term success and profitability can be secured only through taking into account a company's various defined interest groups. The corporate management principles have been extended accordingly to include the stakeholder approach.

The quality and environmental management system was audited successfully in a comprehensive multi-site process during the first quarter of 2016. The corresponding certificates were issued in the beginning of April. As all locations operate under the joint management system that Phoenix Solar AG, as the Group's central operation, formulates, introduces and monitors regularly, requirements of processes for the quality and environmental management system are at the same level.

"We at Phoenix Solar place a very high value on the environment, where our track record of some 800 MWp of systems designed and built globally will continue to make an important contribution in the coming years. Along these lines, we also value sustainable business and management practices", emphasized Phoenix Solar Group CEO Tim P. Ryan. "Among our stakeholders, our customers are of paramount importance. Our ultimate goal remains the design and delivery of commercial solar PV plants to them, on-time and on-budget - and of course also to customers' demanding quality standards, via our certified project management approach. Continuous improvement in our organization and internal processes are integral to our ability to consistently deliver quality systems."

About Phoenix Solar AG Phoenix Solar AG, that has its headquarters in Sulzemoos near Munich, is an international photovoltaic system integrator. The Group develops, plans, builds and operates large-scale photovoltaic plants and on a smaller scale is a specialist wholesaler for turnkey power plants, solar modules and accessories. As an EPC contractor specializing in building solar power plants, Phoenix Solar lays special emphasis on on-budget and on-time construction and delivery of solar power plants optimized to deliver superior return. With subsidiaries on three continents, the company has sold solar modules with an output of significantly more than 1.3 gigawatt since its founding. The stocks of Phoenix Solar AG (ISIN DE000A0BVU93) are listed on the official market (Prime Standard) of the Frankfurt Stock Exchange. www.phoenixsolar-group.com.



Contact: Phoenix Solar AG Dr. Joachim Fleing Investor Relations Representative Tel.: +49 (0)8135 938-315 Fax: +49 (0)8135 938-399 j.fleing@phoenixsolar.de www.phoenixsolar-group.com

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22.04.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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Language: English Company: Phoenix Solar Aktiengesellschaft Hirschbergstraße 4 85254 Sulzemoos Germany Phone: +49 (0)8135-938-000 Fax: +49 (0)8135-938-099 E-mail: kontakt@phoenixsolar.de Internet: www.phoenixsolar-group.de ISIN: DE000A0BVU93 WKN: A0BVU9 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich (m:access), Stuttgart End of News DGAP News Service ---------------------------------------------------------------------------

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