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Electron Solar Energy Expands to Include Installation Services

Posted on: Thursday, 11 October 2007, 09:00 CDT

Electron Solar Energy (OTC:ESRG), an international distributor of alternative energy systems, announced today that it has launched a professional installation program that provides its customers, spanning nearly 20 countries, with custom fabrication and installation services on all solar panel systems.

President and CEO of Electron Solar Energy Christopher Quinn, said, "By providing an end-to-end supply chain for the incorporation of solar paneling for electricity, we expect to open up new opportunities to improve the customer experience, while creating a new high-margin revenue stream for the Company." Performed by Electron's high-qualified in-house staff, including a newly added 20-year veteran of the solar energy industry, this new offering enables Electron customers to realize additional cost savings and better quality control. Quinn explained: "Domestic customers can receive a fast on site project cost estimate and installation, while international customers can reserve the team for several days to oversee pre-planned project installations abroad." Customers will experience greater accessibility to solar energy solutions through 'one-stop' shopping at Electron.

By 2011, the number of homes in the US using PV cells is expected to quintuple the 2006 levels, to 67,492. Spending for home photovoltaics is growing rapidly as well, with $61.5 million spent in 2006 and $185.2 million projected in 2007. Spending is projected to jump to $409.9 million by 2010, according to the U.S. Department of Energy. "The media is increasingly drawing our attention to the benefits of alternative sources of energy. With our installation services in place, we can readily capitalize on the anticipated rapid growth of at-home solar energy deployment, regardless of the size of the residence or where it is located," said Quinn.

About Electron Solar Energy

Electron Solar Energy, based in Miami, Florida, is engaged in the international distribution of alternative energy systems. The Company's turnkey solutions provide solar and wind energy generation, as well as energy storage systems sold B2B and B2C worldwide. The Company also sells a proprietary line of sealed batteries, inverters, converters, Solar Panels, Related components, and gas and diesel fuel generators. For more information on the Company, visit www.electronsolarenergy.com.

For investor relations, visit http://www.otcfn.com/esrg.

This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology; changes in laws and regulations, includes codes and standards, intellectual property rights, and tax matters; the uncertainty of the oil & gas market; including the geopolitical environment not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Source: Business Wire

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