Kender Energy Signs Major Distribution Agreement Aimed at the State of California's $2.2 Billion Solar Initiative Budget
2009年9月9日 - 10:00PM
Marketwired
Kender Energy Inc. (PINKSHEETS: KNDR) today announced that it has
signed a multi-year distribution agreement with Sun's Free Solar, a
California-based corporation specializing in the deployment of
Clean Energy Production.
The State of California has attributed a total of $2.2 Billion
US for its Solar Initiative with $1.7 Billion US going directly to
Consumer Incentives with the objective of converting 1 million
homes to solar energy by 2016. According to the company, the tax
incentive, the cost, and overall savings provided by solar energy
will enable consumers in California to quickly adapt the Kender
Energy's solar technology.
"We are grateful to be working with such a progressive
initiative started by Governor Arnold Schwarzenegger," said Sean
Kelly, President & CEO of Kender Energy Inc. "Our revolutionary
solar technology places us at the forefront of the million home
program and we expect a large market share for our company as the
program continues to be deployed."
About Kender Energy Inc.:
Kender Energy Inc. is a development phase company active in the
field of solar energy. Its present prototypes of solar panels are
being developed into a full-scale solar energy production system.
The particularity of the Kender solar panel system and technology
is to allow, via a closed circuit of gas (usually helium), to
create a heat exchange with the sunlight and the air from the
environment. The exchange generates the spinning of the helium gas
in the closed circuit, propelling a turbine, which produces
electricity in a 100% clean and renewable process. The system's
main advantages are that it is efficient, cheap in production, and
modular. The company is based near Geneva, Switzerland. Its Website
is www.kendersolar.com.
Safe Harbor Statement
All statements in this news release that are other than
statements of historical facts are forward-looking statements,
which contain our current expectations about our future results.
Forward-looking statements involve numerous risks and
uncertainties. We have attempted to identify any forward-looking
statements by using words such as "anticipates," "believes,"
"could," "expects," "intends," "may," "should" and other similar
expressions. Although we believe that the expectations reflected in
all of our forward-looking statements are reasonable, we can give
no assurance that such expectations will prove to be correct. A
number of factors may affect our future results and may cause those
results to differ materially from those indicated in any
forward-looking statements made by us or on our behalf. Such
factors include our limited operating history; our need for
significant capital to finance internal growth as well as strategic
acquisitions; our ability to attract and retain key employees and
strategic partners; our ability to achieve and maintain
profitability; fluctuations in the trading price and volume of our
stock; competition from other providers of similar products and
services; and other unanticipated future events and conditions.
For more info. contact: Annex Investor Relations Services
KNDR@Annex-IR.com +1 (647) 351-7477 Kender Energy Inc. Sean Kelly
President (41) 22 700 7648 investors@kenderenergy.com
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