Sunrise Solar Reports on Progress of Solar Technology Advisory Board
Posted on: Wednesday, 13 August 2008, 09:01 CDT
Sunrise Solar Corp. (OTCBB:SSLR) is pleased to announce that its recently formed Solar Technology Advisory Board (STAB) has initiated the evaluation process for its first group of solar products. Upon completion of the 30-60 day evaluation process the Company intends to offer those products that pass its internal evaluation to customers through its interactive website.
"We are pleased to report that our previously announced negotiations with Asian suppliers have resulted in unique products for our STAB to evaluate," said Mr. Eddie Austin, Chairman and CEO of Sunrise Solar Corp. "I am confident that our continued negotiations will lead to our ability to offer our customers a substantial number of additional potential products, as well as place Sunrise in a good position to participate in solar power projects worldwide."
China, which passed a landmark renewable energy law in January 2007, has pledged to spend some $200 billion over the next 15 years on renewable energy. The goal: Achieve 20 percent total energy consumption from green fuel sources.
China's interest in green energy has translated into a rapidly expanding base of at least a dozen publicly held domestic solar energy and wind energy concerns, among them: Solarfun Power Holdings (NASDAQ: SOLF) and JA Solar Holdings (NASDAQ: JASO).
About Sunrise Solar Corporation
Sunrise Solar Corporation intends to commercialize and distribute cutting edge alternative solar energy technologies and equipment. Sunrise also intends to capitalize on its institutional knowledge of emerging alternative energy technologies to develop comprehensive alternative energy plans. Sunrise Solar common stock is traded under the symbol SSLR. For more information please visit www.sunrisesolarcorp.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes,""expects,""anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Source: Business Wire
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