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ICP Solar: Agreement with Major RV Manufacturer
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ICP Solar Technologies Inc., a developer, manufacturer and marketer of proprietary solar panels and products, announced that the company has signed an agreement for the sale of its Sunsei® solar vents to a major North American supplier of recreational vehicles beginning in 2009. This marks the first time that Sunsei® vents will be installed directly at the factory of an RV producer, and it is estimated that this Fortune 500 OEM will purchase the equivalent of eight container loads next year – worth over $1 million. ICP Solar vents can provide lower maintenance costs to RV owners due to a reduction of mold, mildew, odor and heat inside the internal cabins.
“As the company looks to build on its Sunsei® brand name, we are excited to see that our solar vents will be built into a variety of recreational vehicles for one of the largest producers in North America,” said Sass Peress, Chairman and CEO of ICP Solar. “This supply agreement calls for our vents to be installed directly at the factory – providing solar energy when needed for electrical usage within the vehicle, a very attractive feature that meets the needs of today’s energy-consuming RVs. This application again validates the virtues of our patented technology and innovative designs within the solar field.”
About ICP Solar Technologies, Inc:
ICP Solar is a developer, manufacturer and marketer of solar panels, solar cell based products, solar monitoring software and solar power management solutions. Through the application of its own intellectual property and next-generation technologies, the Company aims to be the solar industry's innovation leader. For the past 20 years, ICP Solar has been a lead innovator in the consumer solar market and has now begun to apply that same innovation philosophy to the OEM, rooftop and power generation segment of the solar industry. ICP Solar's management has over 50 years of experience in the renewable energy sector. ICP Solar markets its products under its Sunsei brand of solar products and is the North American licensee of the Coleman(R) brand in the solar charger category. ICP Solar is also helping the environment by offering these solar technologies and green solutions to the renewable energy sector. The company's headquarters are located in Montreal, Canada, with an R&D center in St. John’s Canada and additional locations in the USA, Ireland, France and the UK. Additional information may be found at www.icpsolar.com
This release may contain forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "expects," "plans," "estimates," "intends," "believes," "could," "might," "will" or variations of such words and phrases. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of ICP Solar Technologies Inc. to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. These statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties which are described under the caption "Note Regarding Forward-looking Statements" and "Key Information - Risk Factors" and elsewhere in ICP Solar Technologies Inc.’s Annual Report for the fiscal year ended January 31,2008, as filed on EDGAR at www.sec.gov. The risk factors identified in ICP Solar Technologies Inc. Annual Report are not intended to represent a complete list of factors that could affect ICP Solar Technologies Inc. Accordingly, readers should not place undue reliance on forward-looking statements. ICP Solar Technologies Inc. does not assume any obligation to update the forward-looking information contained in this press release.
Contact:
ICP Solar Technologies Inc.
Sass Peress, 514-270-5770
Chief Executive Officer
or
Investor Relations:
Chris Witty, 646-438-9385
[email protected]
Source: ICP Solar Technologies Inc.
ICP Solar Technologies Inc., a developer, manufacturer and marketer of proprietary solar panels and products, announced that the company has signed an agreement for the sale of its Sunsei® solar vents to a major North American supplier of recreational vehicles beginning in 2009. This marks the first time that Sunsei® vents will be installed directly at the factory of an RV producer, and it is estimated that this Fortune 500 OEM will purchase the equivalent of eight container loads next year – worth over $1 million. ICP Solar vents can provide lower maintenance costs to RV owners due to a reduction of mold, mildew, odor and heat inside the internal cabins.
“As the company looks to build on its Sunsei® brand name, we are excited to see that our solar vents will be built into a variety of recreational vehicles for one of the largest producers in North America,” said Sass Peress, Chairman and CEO of ICP Solar. “This supply agreement calls for our vents to be installed directly at the factory – providing solar energy when needed for electrical usage within the vehicle, a very attractive feature that meets the needs of today’s energy-consuming RVs. This application again validates the virtues of our patented technology and innovative designs within the solar field.”
About ICP Solar Technologies, Inc:
ICP Solar is a developer, manufacturer and marketer of solar panels, solar cell based products, solar monitoring software and solar power management solutions. Through the application of its own intellectual property and next-generation technologies, the Company aims to be the solar industry's innovation leader. For the past 20 years, ICP Solar has been a lead innovator in the consumer solar market and has now begun to apply that same innovation philosophy to the OEM, rooftop and power generation segment of the solar industry. ICP Solar's management has over 50 years of experience in the renewable energy sector. ICP Solar markets its products under its Sunsei brand of solar products and is the North American licensee of the Coleman(R) brand in the solar charger category. ICP Solar is also helping the environment by offering these solar technologies and green solutions to the renewable energy sector. The company's headquarters are located in Montreal, Canada, with an R&D center in St. John’s Canada and additional locations in the USA, Ireland, France and the UK. Additional information may be found at www.icpsolar.com
This release may contain forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "expects," "plans," "estimates," "intends," "believes," "could," "might," "will" or variations of such words and phrases. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of ICP Solar Technologies Inc. to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. These statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties which are described under the caption "Note Regarding Forward-looking Statements" and "Key Information - Risk Factors" and elsewhere in ICP Solar Technologies Inc.’s Annual Report for the fiscal year ended January 31,2008, as filed on EDGAR at www.sec.gov. The risk factors identified in ICP Solar Technologies Inc. Annual Report are not intended to represent a complete list of factors that could affect ICP Solar Technologies Inc. Accordingly, readers should not place undue reliance on forward-looking statements. ICP Solar Technologies Inc. does not assume any obligation to update the forward-looking information contained in this press release.
Contact:
ICP Solar Technologies Inc.
Sass Peress, 514-270-5770
Chief Executive Officer
or
Investor Relations:
Chris Witty, 646-438-9385
[email protected]
Source: ICP Solar Technologies Inc.