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TrendSetter Exhibits Solar Product in Support of California Assembly Bill 1470 - Incentives

Posted on: Tuesday, 28 August 2007, 09:22 CDT

TrendSetter Solar Products (Pink Sheets:TSSP) today announced that the Company joined ten other companies and institutions, such as Stanford University in a Solar Water Heating Exhibit Event on the California State Capitol grounds on Tuesday August 21, 2007. Dirk Atkinson, TrendSetter's CEO stated, "California Assembly member Jared Huffman, who was one of the organizers of the event, is one of the primary sponsors of AB 1470, a Bill that if passed, will allocate $250 million of financial incentives for the installation of approximately 200,000 solar heating systems in California over the next ten years."

Bernadette Del Chiaro with Environment California, Sue Kateley, Executive Director for the California Solar Energy Industry Association CALSEIA were joined by Trendsetter Solar Products, Inc., The Center for Sustainable Energy, Davis Energy Group and several solar energy companies who set up booths with their products at the Solar Day Event in support of The Solar Water and Heating Efficiency Act (AB 1470 - Huffman) authored by Assemblymember Jared Huffman. Assembly member Huffman hopes to have the bill on Governor Schwarzenegger's desk in the next couple of months.

According to Assembly member Huffman, California relies heavily on natural gas for water and space heating. Eighty percent of the natural gas is imported and the continued population increase is going to strain limited supplies and further contribute to global warming. California has abundant sunlight and solar technologies and systems could save home owners approximately 75% in fuel costs.

Norm Ehrlich, Trendsetter's founder and CTO stated, "Seventy percent of the solar energy that lands on rooftop collectors can be absorbed by the evacuated tube solar collectors, heating liquid that is then pumped into a storage tank. This is the basis of TrendSetter's Solar Thermal Hot Water Systems. We expect to obtain our share of product sales through the installation of our systems. The incentives provided by AB1470 should accelerate the sales."

About TrendSetter Solar Products

TrendSetter Solar Products, Inc. is a quality manufacturer of solar hot water heating and storage systems in the United States. TrendSetter's solar hot water systems and storage tanks are uniquely positioned to serve the residential and commercial market. The Company offers a comprehensive range of solar water heating solutions, including solar radiant floor heating options, which are rated and qualify for the new federal energy tax credit program. A standard residential hot water heater emits approximately one and a half tons of carbon dioxide and carbon monoxide into the atmosphere. TrendSetter's solar hot water heating and storage systems are emissions free. As global warming and alternate and renewable energies become more of a concern, TrendSetter's products are one of the answers. The Company competes in the financial markets for the sourcing of funds to support continued expanded market and sales efforts. The rates and terms of available funds have been dilutive and may continue until TrendSetter achieves positive cash flow from operations. Additional information can be seen at the Company's website www.trendsetterindustries.com.

Disclaimer: The Company relies upon Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors.

Source: Business Wire

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