MONTREAL, Canada, June 12th, 2007- ICP Solar Technologies Inc. (OTCBB: ICPR and FRANKFURT: K1U.F) today announced that it partnered with JC Whitney, the world’s largest automotive mail order/internet company, to distribute its proprietary Sunsei® solar products. The new range of latest generation thin-film solar panels has recently begun to be featured on its website at www.jcwhitney.com and its various catalogs and websites.
The Sunsei® panels, which currently deliver over 50% more power per square inch than other comparable amorphous-silicon solar panels, were selected due to their advanced features, innovative esthetics and connectivity and solid 10-year warranty. Sass Peress commented, “The delivery of this new program places JC Whitney squarely in the lead pack of other solar panel mail order/internet retailers in the market today. While still in its infancy, the 12V solar mobile market is quickly becoming more and more educated, therefore demanding higher performance and greater feature set. The fact that JC Whitney chose our program over others is validation of the research investments we have made, in order to make Sunsei® the most innovative product of its kind in the marketplace.”
Joe Risch, VP Merchandising at JC Whitney adds, “ICP Solar was selected due to its commitment to ethics in its ratings, superior product value and customer service capabilities through both Internet and phone support for our consumers. As a solid vendor, they have over-delivered on their promises since the inception of this program and we are already recording solid growth over previous programs in this category. Their history of service to the automotive OEM industry validates their ability to deliver day in, day out”.
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. 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.
Established in 1915, JC Whitney & Co. is the largest direct marketer of name-brand automotive parts and accessories, providing "everything automotive" with more than 1.3 million items covering more than 25 million automotive applications from the latest model year back to the 1920s. JC Whitney offers products for virtually any vehicle -- automobiles, trucks, motorcycles, SUV's, ATV/Off-road and RV/Camping-- through its comprehensive family of general and vehicle-specific catalogs and on the Web at www.jcwhitney.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.
Phone:514-270-5770
Sass Peress, Chairman & CEO
Email: speress@icpsolar.com
Laurent Lafite, VP Marketing & Global Strategy
Email: llafite@icpsolar.com