DEVENTER, THE NETHERLANDS -- (MARKET WIRE) -- 06/19/2006 -- GiraSolar, Inc. (PINKSHEETS: GRSR) (FRANKFURT: L2I) is pleased to announce its subsidiary DutchSolar BV has obtained an order valued at $1,500,000 for materials and received payment in full.

Su Guirong, Asia Regional manager for DutchSolar BV, stated: "Despite the sharp increase of product prices -- originating from the price increase of poly silicon -- we have been able to maintain a fairly nice flow of volume to our partners worldwide. The now intensive cooperation with Asian countries has also increased our competitive strength enormously. Due to our mutually beneficial network of strategic relationships we are able to maintain a relatively reasonable cost price for materials. This is of course also crucial for maintaining and strengthening infrastructure in the EU and in America and for leveraging growth for the entire group. It is our aim to further strengthen this network to ensure growth for the company."

DutchSolar focuses entirely on enterprise transactions.

This press release contains forward-looking statements within the meaning of federal securities laws. The Company cautions you that any statements contained in this press release which are not strictly historical statements constitute forward-looking statements. Such forward-looking statements include, but are not limited to, those the company's ability to sell additional products, future abilities, its network of strategic relationships and opportunities in the Asian markets. Any reference to contract value is made in accordance with Dutch accounting standards. Material differences exist between US GAAP accounting standards and Dutch standards including but not limited to material differences in how revenue and expenses are recorded. These statements are neither promises nor guarantees, and involve risks and uncertainties that could cause actual results to differ materially from such forward-looking statements, (copies of which may be obtained at the SEC's website at: http://www.sec.gov) -- could impact the forward-looking statements contained in this press release. Readers should not place undue reliance on any such forward-looking statements, which speak only as of the date they are made. The Company disclaims any obligation to publicly update or revise any such statements to reflect any change in Company expectations, or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.