Yes! Solar Solutions(TM) Authorized to Begin Selling Franchises in California
Yes! Solar, Inc. announced today that they have been authorized by the Department of Corporations for the state of California to begin selling franchises within the State. The company received notice that their Uniform Franchise Offering Circular (UFOC) became effective November 21, 2007. “This begins our process of deploying Yes! Solar SolutionsTM franchises,” said Jeff Winzeler, President, Yes! Solar Solutions. “We’re excited about the opportunity to contribute to the growth of solar power in the state of California, where the Governor currently has a program designed to place solar panels on a million roofs.”
Yes! Solar Solutions has taken an innovative approach to making solar power more accessible to homeowners and small business owners through retail energy outlets designed to educate consumers on the economic and environmental benefits and engage them with solutions that will help them reduce or eliminate their electricity costs. “We think the time is right for a network of strategically located retail outlets that are 100% dedicated to helping consumers reduce their annual energy expenses,” Winzeler points out. Yes! Solar Solutions opened their first company-owned energy outlet in Roseville, California on October 20, 2007. Since opening, the energy outlet has been marketing and hosting monthly educational seminars. In addition to showcasing Yes! solar systems, the outlet sells a variety of solar thematic retail products including cell phone chargers, education kits, books and solar system accessories.
About Yes! Solar Solutions
Yes! Solar Solutions is a wholly owned subsidiary of Solar Power, Inc. (OTCBB:SOPW). Solar Power, Inc. operates its own ISO 9001 factory dedicated to manufacturing solar modules and related solar products. Yes! Solar Solutions offers the North American residential and small business market a complete solution through a single brand. The Yes! Web site can be visited at www.yessolarsolutions.com.
Safe Harbor Statement:
This release contains certain “forward-looking statements” relating to the business of Solar Power, Inc., its subsidiaries and the solar industry, which can be identified by the use of forward-looking terminology such as “believes, expects” or similar expressions. The forward-looking statements contained in this press release include statements regarding the Company’s ability to execute its growth plan and meet revenue and sales estimates, enter into formal long-term supply agreements, and market acceptance of products and services. These statements involve known and unknown risks and uncertainties, including, but are not limited to, general business conditions, managing growth, and political and other business risk. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risks and other factors detailed in the Company’s reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities law. This information is not offered or disclosed in connection with an offer to sell or the solicitation of any offer to buy any franchise. A franchise offer shall be accompanied by a Uniform Franchise Offering Circular in accordance with federal and state franchise laws.