March 25, 2008
Interest In Eagle Solar Roof Powered By Open Energy’s SolarSave(R) Integrated Solutions Soars Nationwide
Open Energy Corp. (OTCBB:OEGY) today announced that sales of the Eagle Solar Roof are quickly gaining momentum nationwide. The Eagle Solar Roof powered by Open Energy's SolarSaveÃ® Integrated Solutions provides an environmentally sound and beautiful way for homeowners to save on their electricity costs.
A Superior Solution
Embraced by both homeowners and builders alike for its appearance and performance, the comprehensive solar roof solution is unlike anything previously available in the industry. The SolarSaveÃ® panels of the Eagle Solar Roof are effectively installed alongside roof tile on the home thereby maintaining the aesthetics and performance of a tile roof while generating clean, safe, quiet energy from the sun. Since the SolarSaveÃ® panels were designed to perform and be installed as a roofing product rather than a traditional solar panel, their durability is outstanding and warranted for 25 years as a roofing material and 25 years as a solar product. The solar panels also are lightweight, easily handled and can be walked on, enabling roofing contractors and solar integrators to benefit from simplified installation.
According to Jay Banister, Eagle's National Green Program Manager, interest in the solar solution has been impressive from the very beginning with sales quickly following. Officially launched in December 2007, the company has already provided the Eagle Solar Roof powered by SolarSaveÃ® Integrated Solutions for installations on more than 125 homes and buildings. In addition, more than 40 presentations have been made to some of the nation's leading homebuilders interested in creating solar developments in Southern California.
The Eagle Solar Roof powered by SolarSaveÃ® Integrated Solutions is now available in the following states.
The company is working to officially launch the solution in the Northeast, Southeast, Midwest and Hawaii in the coming months.
The Eagle Solar Roof powered by SolarSaveÃ® Integrated Solutions is offered through a strategic relationship between Eagle Roofing Products and Open Energy Corp. a company focused on the development and commercialization of renewable energy products. Offering its customers a powerful combination of solar roofing solution and successful marketing strategy, Eagle and Open Energy have developed a comprehensive training program for interested contractors such as roofers, electricians and solar integrators. The program covers proper installation, solar sales and customer support. To date, more than 300 contractors in the Western states have completed the program authorizing them to sell the products, and 2,000 more contractors are expected to participate in the training course in the coming year. In addition, comprehensive training for builder sales staff is available.
The solar panels used in the Eagle Solar Roof are extremely low maintenance, requiring minimal care by homeowners. The resulting installation provides quiet and reliable power generation, reducing pollution and green house gas emissions while delivering safe and secure sustainable energy. The panels used in the Eagle Solar Roof come with a 25-year limited power output warranty and protection against water intrusion. It also comes with 10 years of free Internet-based solar system monitoring for homeowners.
For additional information on Eagle Roofing Products, contact Melissa Pellerito, Eagle's marketing communications manager, at 909-355-7000 or visit www.eagleroofing.com.
About Open Energy
Open Energy is a renewable energy company focused on development and commercialization of a portfolio of solar technologies capable of delivering power and related commodities on a global basis. Open Energy offers award-winning, building-integrated photovoltaic (PV) roofing systems for residential, commercial and industrial applications. Marketed under the trade name SolarSaveÃ®, the current product line includes PV tiles, roofing membranes, and custom architectural glass panels, as well as integrated inverters and web-based monitoring systems. The Company's mission is to harness the power of the sun to deliver renewable energy solutions to its customers. For more information on Open Energy, please visit www.openenergycorp.com.
About Eagle Roofing Products
Eagle Roofing Products, a division of Burlingame Industries, was founded in 1989 with the goal of manufacturing quality concrete roof tile in modern, automated and high-speed plants. From the beginning, Eagle Roofing Products has prided itself on building strong relationships with customers of all sizes by listening and responding to their requests. Eagle Roofing Products is continually expanding its production capacity and its market coverage in order to offer its superior products nationwide. Having earned AAA rating by the Better Business Bureau, Eagle maintains strong sales and customer service support at the local as well as national level. Eagle is also committed to seeking out trend setting technologies and products that help the environment while helping our customers and their customers. Our green building products and green manufacturing process are a major focus of the company's time and investments. For more information on Eagle Roofing Products, please visit www.eagleroofing.com.
Safe Harbor for Forward Looking Statements
Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, customer demand for it products, the Company's ability to scale up manufacturing to meet demand, and other factors over which Open Energy Corporation has little or no control.