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Konarka's Chief Scientist Awarded 2006 Eni Italgas Science and Environment Prize for Plastic Solar Cells

Dr. Alan Heeger Honored for Innovative Solar Research

Lowell, Mass. – Jan. 8, 2007 – Konarka Technologies, Inc., an innovator in development and commercialization of Power Plastic™, a material that converts light to energy, today announced that the Organizing Committee of the Eni Italgas Prize awarded the Science and Environment Prize to Dr. Alan J. Heeger, Ph.D., the Company's co-founder and chief scientist, for his innovative research on solar cells made with flexible materials, which is summarized in his abstract entitled, "Bulk Heterojunction Solar Cells Fabricated from Semiconducting Polymers."

"On behalf of the Members of the Scientific Commission, the Scientific Secretariat and the Fondazione Eni Enrico Mattei, I would like to express our deepest congratulations and most profound recognition for the outstanding accomplishments of Dr. Heeger's work and commitment to scientific research in finding solutions to the world's energy issues," commented Georgiana Eaton, scientific secretariat of the Eni Italgas Prize. "The very high level of the research this year emphasizes the importance of the Prize for technological innovation and scientific excellence."

In his research, Dr. Heeger has created a new approach to efficient, low cost, large area, flexible and light-weight solar cells. His work in this area over the past decade has provided a firm scientific foundation for "plastic" bulk heterojunction solar cells. He and his colleagues have made important progress toward the commercial realization of this goal. The first "plastic" solar cells fabricated from large scale, high speed printing were successfully demonstrated in July 2006.

Dr. Heeger shares the Prize with Armand Paul Alivisatos for his studies on very thin solar cells composed of miniscule photosensitive crystals (nanocrystals). The Prize recognizes scientists who have achieved relevant results in research on energy sources and its relation to the environment.

In 1987, to mark the 150th anniversary of the company's foundation, Italgas instituted the "Italgas Prize for Research and Technological Innovation" for a 10 year period with the aim of promoting and creating value in social and civil development fields. The Prize was only open to candidates from the European Union, Central and Eastern Europe and Mediterranean Countries. In July 2002, the Italgas Board of Directors launched a new three year cycle of the Prize, emphasizing the environmental aims and extending it worldwide. The XVI Edition, the first edition of this last cycle, took the name of "Eni Italgas Prize for Energy and Environment" and saw the Scientific Secretariat hosted by the Fondazione Eni Enrico Mattei in Milano.

This year, candidates originated from 19 countries, with 103 submissions for the "Science and Environment" award. The Prize will be given by the President of Italgas Paolo Caropreso during an Official Award Winning Ceremony to be held in Torino in March 2007.

For more information, visit: http://www.premioitalgas.it.

About Konarka Technologies, Inc.
Konarka builds products that convert light to energy – anywhere. As the leading developer of polymer photovoltaic technology that provide a source of renewable power in a variety of form factors for commercial, industrial, government and consumer applications, Konarka has a broad portfolio of patents, technology licenses and an accomplished technical team. The Company's technology is focused on delivering lightweight, flexible, scalable and manufacturable products. Konarka Technologies is headquartered in Lowell, Mass., U.S.A., with European headquarters in Nuremberg, Germany, and research and development facility in Austria. For additional information, visit http://www.konarka.com.

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