Sunlogics Power Fund Management Inc. acquired substantially all assets from ARISE Technologies Corp. (OTCPK:APVN.F) for CAD 5.4 million in assumed debt on March 2, 2012. The consideration is equal to the assumed indebtedness due to Salamon under the Haverstock assignment, the Radiant assignment, the Original Loan Agreement, and CAD 325,000 of amounts owing pursuant to the DIP Loan Facility at the purchase date. Arise's solar system business reported revenues of CAD 4 million for the financial year ending December 31, 2011. The transaction received approval from Ontario Superior Court of Justice. William J Nalley of Orsay Groupe, Inc. acted as a public relations advisor in the transaction. Sunlogics Power Fund Management Inc. completed the acquisition of substantially all assets from ARISE Technologies Corp. (OTCPK:APVN.F) on March 2, 2012.