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05.31.2007

ICP Solar Technologies announces new Coleman® Solar Charger Program at Wal-Mart's Sam's Club division

New Launch expands "eco friendly" partnership

MONTREAL, Canada, May 29, 2007- ICP Solar Technologies Inc. (OTCBB: ICPR and FRANKFURT: K1U.F) today announced that it has launched its 2007 Coleman® Solar Charger programme at Wal-Mart’s (NYSE:WMT) Sam’s Club division for Samsclub.com

The new range of latest generation thin-film solar panels has recently begun to hit the warehouse club’s website at samsclub.com. This Coleman line of portable solar chargers is designed for outdoor enthusiasts to provide backup or primary power for vehicles such as automobiles, boats, RVs and also for remote living applications The Coleman panels are up to 50% more efficient than competitively branded thin-film amorphous solar chargers on similar “mass merchant” retail shelves in the USA.
The Coleman  line designed by ICP Solar includes five models for a range of applications, plus an intelligent charge controller to ensure batteries reach their maximum capacity.  All of the solar chargers come with Plug’n’Play® for quick connections, a cigarette lighter adaptor and battery clamps for maximum convenience.  They include a two-year warranty. 
Sass Peress commented, “The expansion of this program is a continued extension of our increased partnership with the Wal-Mart group across international borders. The partnership between the Coleman® and Wal-Mart brands is longstanding, and ICP Solar is proud to have developed this latest technology programme for its USA warehouse club website.”

About ICP Solar Technologies Inc:
ICP Solar is a developer, manufacturer and marketer of solar cells and solar cell based products and building materials.  Through the application of next-generation technologies and use of proprietary intellectual design, the Company aims to be the industry's innovation leader.  For the past 18 years, ICP Solar has led the consumer market through innovation and has now begun to apply that same philosophy to the OEM, rooftop and power generation segments of the solar industry.

ICP Solar's management has over 50 years of experience in the solar energy sector. The company has its headquarters located in Montreal, Canada, and additional locations in the United Kingdom, Spain, USA, Ireland and France. Corporate information may be found at www.icpsolar.com

ICP Solar products can be found worldwide in retail stores such as Wal-Mart, Costco, Conrad Electronics (Germany), LeRoy Merlin (France), and Dick Smith Electronics (Australia). Its current focus in Europe is developing rooftop solutions and working to develop OEM solutions for automotive markets, working with auto manufacturer Volkswagen. 

About Sam’s Club:
Sam’s Club is a division of Wal-Mart Stores Inc., and ranks as one of the nation’s largest warehouse clubs with 47 million U.S. Members.  The first Sam’s Club opened its doors in Midwest City, Oklahoma in 1983.  Sam’s Club offers exceptional values on merchandise and services for business owners and consumers. Online merchandise and club information is available at samsclub.com.

About Coleman:
The Coleman Company, Inc. is an international leader in the innovation and marketing of outdoor products, including its legendary lanterns, as well as stoves, tents, sleeping bags, backpacks, coolers, furniture and grills. Its products are sold and used all over the world. Coleman embraces its leadership role as an advocate for the outdoors, contributing to outdoor causes and inspiring people to get outside. Founded in 1900 and based in Wichita, Kan., Coleman® is a wholly owned subsidiary of Jarden Corporation, and can be found online at www.coleman.com. Consumers can contact Coleman by phone at 800-835-3278 or by e-mail at consumerservice@coleman.com.

This press release contains forward-looking statements 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. The forward-looking statements herein include, but are not limited to, the expected expansion of our solar solutions into Europe Middle East, Asia and Africa. Our actual results may differ materially from those implied in these forward-looking statements as a result of many factors, including, but not limited to, overall industry environment, customer acceptance of our products, delay in the introduction of new products, further approvals of regulatory authorities, adverse court rulings, production and/or quality control problems, the denial, suspension or revocation of permits or licenses by regulatory or governmental authorities, termination or non-renewal of customer contracts, competitive pressures and general economic conditions, and our financial condition. These and other risks and uncertainties are described in more detail in our most recent SB-2 filing with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made. We undertake no obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur, except as required by applicable laws, and you are urged to review and consider disclosures that we make in the reports that we file with the Securities and Exchange Commission that discuss other factors germane to our business.

 


For further information:
ICP Solar Technologies Inc., 514-270-5770
Sass Peress, Chairman and CEO, speress@icpsolar.com
Leon Assayag, Chief Financial Officer, lassayag@icpsolar.com

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“What we looked for in a partner for solar technology was flexibility, quality and performance...ICP Solar gives us all three. I expect that the projects that we are currently collaborating on will have a very positive upside for both our companies. For L'Image, the ability to innovate design is fundamental in our success, and we believe that ICP ATF technology gives us that edge.”
Vic Caruso, L'Image Home Products


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