IPC Solar: Extended Agreement with The Coleman Company

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ICP Solar Technologies Inc., a developer, manufacturer and marketer of proprietary solar panels and products, today announced that The Coleman Company, Inc. has agreed to extend its licensing, marketing and distribution agreement for three years, effective immediately. ICP Solar will continue to provide Coleman® branded solar chargers for sale in such well-known retail chains as Sam’s Club, Wal-Mart, and Costco in North America for this contract period.

“By extending our exclusive licensing agreement for three years, as well as expanding into Mexico, Coleman has endorsed our innovative product lines and the quality that we have provided since 2001,” said Sass Peress, CEO. “Our Coleman® branded solar chargers have consistently outsold the generic competition, and we are grateful not only for Coleman’s dedication to ICP Solar but also for their assistance in gathering the customer feedback essential for both product development and quality assurance. We are committed to providing rugged, practical, and affordable solar applications that meet the needs of the Coleman consumer.”

“We are delighted to have ICP Solar continue as our sole licensee for solar-powered charger products for many years to come,” added Jason McClintock, Senior Director of Licensing at Coleman. “We have a longstanding relationship that has proven to be beneficial and given our customers a great, reliable way to enjoy the outdoors in an environmentally friendly way – harnessing the power of the sun.”

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® 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
ICP Solar Investor Relations:
Chris Witty, 646-438-9385
cwitty@darrowir.com


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