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Innovalight Secures Financing

Innovalight, Inc. has received $5 million in commitments from ATEL Ventures, a San Francisco-based venture capital firm. The financing comes in the form of an equipment lease. Innovalight makes low price point portable solar power systems using nanotechnology. ATEL Ventures is part of ATEL Capital Group.

ATEL Ventures Commits $5.0 Million in Equipment Lease Financing to Innovalight, Inc.

SAN FRANCISCO, CA, June 11, 2008