• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

TrendSetter Solar Products, Inc. Updates Shareholders on NOVA Designs + Builds Project

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

TrendSetter Solar Products, Inc. (Pink Sheets:TSSP) today announced that it has completed delivery of equipment and engineering for two of the homes in the Red Apple Ranch Project in Murphy, California.

In March of this year, TrendSetter reported that the Company had signed a Letter of Intent to supply $1,250,000 of solar thermal hot water systems to NOVA Designs + Builds for their seventy-five home Red Apple Ranch project over the next sixty months.

TrendSetter management, Dirk Atkinson (CEO), Norm Ehrlich (CTO) and Jim Holmes (CFO), recently visited the project in Calaveras County, California to inspect the first two homes that are nearing completion. "These homes are perfect examples of how solar thermal technology can be utilized in engineering and qualifying homes for the EnergyStar® program," stated Dirk Atkinson.

The Red Apple Ranch Project is located just outside the historical gold mining town of Murphy, California. These homes will serve as a retirement and vacation community principally for the San Francisco Bay Area population. Nova Designs + Builds designed and built these homes with comfort in mind. These first two modern designed houses were built using metal framing and roofing; while insulating materials and renewable energy systems were employed to make them highly energy efficient.

The energy systems of these homes implement "Thin Film" Photovoltaic collectors for electrical, TrendSetter solar hot water systems for domestic hot water and heating as well as whole house fans to cool the super-insulated houses. The homes will be highly efficient no matter how hot or cold the temperature becomes. On the first floor, the open interior floor plans sport stained concrete floors with radiant floor heating; the second floor utilizes radiant duct heating. Clearly, these homes impart the designer's touch.

TrendSetter® Solar Products, Inc. provided HERS certification, consulting and design services that have allowed the developer to register the project as an EnergyStar® development. This service entitles NOVA Design to the maximum federal tax credits, as well as state and utility rebates. Additionally, the project has allowed the developer to train its crews to meet the stringent verifications required by the EnergyStar® qualification process.

TrendSetter CTO and founder, Norm Ehrlich, took a great deal of time to help design the energy systems for these first two model homes, while training and qualifying the Nova Design Builds teams. Now that the first two homes near completion, TrendSetter is preparing to deliver the solar hot water equipment for the next houses in the Red Apple Ranch Project development, which is soon to break ground.

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. TrendSetter competes in financial markets for capital to support its operations. The financial markets are competitive, particularly for companies that are in their early growth stage. The financing terms have been, and may be expected to continue to be, dilutive. 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

More News in this Category