Communicators

Highlights:

-                      Installation of ClearVue PV IGU glazing has now commenced on ClearVue’s CRC-P grant funded greenhouse on Murdoch University’s land

-                      Main construction of supporting structure was completed in December of 2020

-                      Finishing and commissioning to continue through early 2021 with expectation that plant trials start during March or April 2021

14 January 2021: Smart building materials company ClearVue Technologies Limited (ASX:CPV) (ClearVue or the Company) is pleased to provide the following update on progress with the CRC-P partially funded greenhouse being built at Murdoch University in Western Australia.

Further to the Company’s announcement of 16 November 2020 the Company confirms that building works to complete the supporting structure for the greenhouse were completed in December of 2020 as anticipated.

ClearVue is pleased to now confirm that works to install its energy efficient energy generating photovoltaic glazing panels have now commenced with installation, testing and commissioning to continue through January and February of 2021.

Photographs of commencement of glazing onto ClearVue greenhouse at Murdoch.

As previously announced ClearVue’s greenhouse is being built adjacent to the two recently completed polycarbonate research greenhouses that form part of a larger $7.45m grains research precinct partly funded by infrastructure grants from the Grains Research Development Corporation. The new precinct was officially opened by Agriculture Minister Alannah McTiernan amongst other dignitaries on 16 December 2020 (for more information see Murdoch Media Release of 17 December 2020). Once completed, the ClearVue greenhouse will add to and form a part of this precinct.

The Company expects that the greenhouse will lead to greater market awareness of the ClearVue product and technology globally - more specifically it will increase awareness of the role that the ClearVue product and technology can play in food security and protected-cropping agriculture – a key target for the Company’s sales efforts alongside high-rise commercial architecture.

Commenting on the progress with the ClearVue greenhouse at Murdoch, ClearVue Chief Executive Officer Ken Jagger has said:

“We are starting to see strong interest globally for the ClearVue product from greenhouse suppliers, growers and other protected cropping end-users. We expect the fully constructed greenhouse to lead to an even greater market awareness of our technology and product.

We look forward to updating the market once the greenhouse is commissioned in the next few months, and as the larger research aspects of the project progresses.”

Authorised by the Board of ClearVue.

For further information, please contact:

ClearVue Technologies Limited

Ken Jagger

Chief Executive Officer

ClearVue Technologies Limited

ken@clearvuepv.com

P: +61 8 9482 0500

About ClearVue Technologies Limited

ClearVue Technologies Limited (ASX: CPV) is an Australian technology company that operates in the Building Integrated Photovoltaic (BPIV) sector which involves the integration of solar technology into building surfaces, specifically glass and building façades, to provide renewable energy. ClearVue has developed advanced glass technology that aims to preserve glass transparency to maintain building aesthetics whilst generating electricity.

ClearVue’s electricity generating glazing technology is strategically positioned to compliment and make more compelling, the increased use of energy-efficient windows now being regulated in response to global climate change and energy efficiency goals.

Solar PV cells are incorporated around the edges of an Insulated Glass Unit (IGU) used in windows and the lamination interlayer between the glass in the IGU incorporates ClearVue’s patented proprietary nano and micro particles, as well as its spectrally selective coating on the rear external surface of the IGU.

ClearVue’s window technology has application for use in the building and construction and agricultural industries (amongst others).

ClearVue has worked closely with leading experts from the Electron Science Research Institute, Edith Cowan University (ECU) in Perth, Western Australia to develop the technology.

To learn more please visit: www.clearvuepv.com

Forward Looking Statements

Statements contained in this release, particularly those regarding possible or assumed future performance, revenue, costs, dividends, production levels or rates, prices or potential growth of ClearVue Technologies Limited, are, or may be, forward looking statements.  Such statements relate to future events and expectations and, as such, involve known and unknown risks and uncertainties.  Actual results and developments may differ materially from those expressed or implied by these forward-looking statements depending on a variety of factors.