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Power-Save Energy Company Announces First Quarter Unit Sales and Updates New Renewable Energy Product Line Progress

Posted on: Thursday, 3 April 2008, 09:01 CDT

SAN LUIS OBISPO, Calif., April 3, 2008 /PRNewswire-FirstCall/ -- Power- Save Energy Company (BULLETIN BOARD: PWSV) , an emerging leader retailer of renewable energy and energy savings products, today announced that for the Company's 2008 fiscal first quarter, PS1200 residential model unit sales increased 179% over first quarter 2007 while commercial PS3200/3400 unit sales increased 458% during the same period.

Michael Forster, Power-Save Energy Company President and CEO stated, "We're pleased to announce substantial year over year growth in unit sales of both our PS1200 residential model unit and our commercial PS3200/3400 unit. To see this type of sales traction on the back of last year's recently announced profitable results is clearly encouraging. These increased unit sales combined with the recent launch of our new Renewable Energy line, gives us great cause for optimism as we remain focused on continued strong financial performance over the balance of the year."

Forster further stated, "The recently introduced Power-Save Solar and Power-Save Wind Turbine are now both in inventory. Initial interest within our existing distribution channels has been very positive; leading us to believe these new products will further enhance sales volumes and profits. We look forward to continuing to work diligently towards executing our business plan and building long term sustainable shareholder value."

Power-Save has also established its pipeline for ongoing deliveries for Solar Modules with the manufacturer in China. Power-Save is expecting initial inventory shipment of Solar inverters from PV Powered on April 15th, 2008. Both the Solar Modules and the Inverters are UL and California Energy Commission (CEC) certified, and Power-Save has also filed with Florida to gain FSEC Certification for the Solar Modules. Power-Save is offering these certified, highest quality systems at a price that will allow millions of households to have the systems for FREE after Federal, State and Utility incentives.

About Power-Save Energy Co.

Power-Save Energy Company (http://www.power-save.com/) is a marketing and manufacturing company focused on becoming the premier retailer of renewable energy and energy savings products in the United States. The company is dedicated to the mass-market sale of energy saving products and now renewable energy products direct to the homeowner and small business. The company not only provides both quality tested and certified products direct to the consumer, but also provides them at prices affordable to everyone. Power-Save Intends to "Make Renewable Do-able!"

Safe Harbor Statement

This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.

Power-Save Energy Company

CONTACT: Michael Forster of Power-Save Energy Co., 1-866-297-7192

Web site: http://www.power-save.com/

Source: PRNewswire-FirstCall

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