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TrendSetter Receives Solar Water Heating Pilot Program Rebate Approval for First Commercial Project in California

Posted on: Wednesday, 26 September 2007, 09:00 CDT

TrendSetter Solar Products (Pink Sheets:TSSP) today announced the Company has received approval for the first rebate to be issued for a commercial project through the Solar Water Heating Pilot Program in the State of California.

TrendSetter Solar Products, Inc. has signed contracts to supply solar hot water systems to a one hundred forty-nine unit, eleven building, apartment building complex under private ownership in San Diego. The value of this equipment only contract is $147,800 and will entitle the owner to approximately $31,500 in rebates and approximately $63,000 in Federal Tax Credits after installation costs are added of approximately $95,000.

TrendSetter CEO Dirk Atkinson stated, "This is a landmark first for TrendSetter. Chuck Maas and Dan Hendrickson, the sales team in San Diego, worked diligently with the California Center for Sustainable Energy to gain approval for this project. It is important for our Company to be on the leading edge of this California rebate program so that we are positioned for the full program when it rolls out to the entire state."

The California Solar Initiative (CSI) has authorized $1,500,000 for the Solar Water Heating Pilot Program (SWHPP) which is intended to set the guidelines for future benefits to California residents and businesses who wish to add solar water heating to their buildings. The pilot program currently is providing incentives to business and customers who install qualifying solar water heating systems in San Diego, California. The California Center for Sustainable Energy (CCSE) is administering the program.

For more information on the CSI Solar Water Heating Pilot Program visit the CCSE website: http://www.sdreo.org/.

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. 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. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.

Source: Business Wire

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