Solar Power, Inc. Enters into Sales Representation Agreement with Peja Stojakovic's Global Energy Services for Solar Product Sales in Greece and the Balkans
Roseville, CA (ots) - Solar Power, Inc. ("SPI") (OTCBB: SOPW) an international manufacturer, designer, distributor and installer of photovoltaic (PV) solar systems announced today that they have entered into an agreement with Global Energy Services (GES) to represent SPI's unique line of solar products throughout Greece and the Balkans. Global Energy Services is NBA star Peja Stojakovic's newly formed company, dedicated to bringing affordable, renewable energy solutions to the region. GES will serve as the exclusive representative of SPI's product line that includes highly efficient solar modules, SkyMountTM non-penetrating commercial mounting system and PeaqTM, SPI's proprietary solar canopy system for covered parking areas. Peja will be present this week at Solar Power, Inc.'s exhibit, booth stand A2.557, at Intersolar 2009 in Munich, Germany.
"We are very pleased that Peja and his Global Energy Solutions organization have joined with SPI as we expand our international distribution network into a part of the world where demand for solar is growing rapidly. Peja's remarkable career in the NBA and his outstanding leadership skills makes him a perfect ambassador for solar energy and Solar Power, Inc.'s proprietary line of innovative solar products," said Steve Kircher, CEO of Solar Power, Inc. "Peja and the team he's put together at GES are very strong and we couldn't be more excited about the opportunities they are developing throughout their territory."
Peja Stojakovic has been in the NBA for ten years. A majority of his NBA career was with the Sacramento Kings where he was a star player and leading scorer. Mr. Stojakovic continues to distinguish himself as small forward for the New Orleans Hornets. The GES organization will deploy renewable energy solutions to the Balkans and Greece and be the exclusive Solar Power, Inc. representative throughout the region. "Solar Power, Inc. has an innovative line of photovoltaic solar energy products that are associated with very high-quality products and performance standards," said Stojakovic. "These are the standards I have built my career on and they have served me well. I look forward to a long and successful relationship with the SPI team."
Solar Power, Inc. and the GES team, including Peja Stojakovic, will be present this week at Europe's largest solar trade show, InterSolar 2009 in Munich, Germany. SPI's line of innovative solar products will be represented at the show. Visitors can learn more about the SPI and GES relationship and meet Peja at SPI's exhibit in hall A2 at booth stand 557.
About Solar Power, Inc.:
Founded in 2005, Solar Power, Inc. is a vertically integrated solar energy solution provider offering the North American commercial and public sector building markets a complete solution through a single brand. The Company's Yes! Solar SolutionsTM subsidiary provides the U.S. small- to mid-sized business and residential market segments with turnkey PV solar systems through a growing retail franchise network. Throughout Europe and Asia, the Company sells its products direct to distributors and turnkey solutions providers. Solar Power, Inc. operates from its Roseville, California headquarters.
Safe Harbor Statement:
This release contains certain "forward-looking statements" relating to the business of Solar Power, Inc., its subsidiaries and the solar industry, which can be identified by the use of forward looking terminology such as "believes, expects" or similar expressions. The forward looking statements contained in this press release include statements regarding the Company's ability to execute its growth plan and meet revenue and sales estimates, enter into formal long-term supply agreements, and market acceptance of products and services. These statements involve known and unknown risks and uncertainties, including, but are not limited to, general business conditions, managing growth, and political and other business risk. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risks and other factors detailed in the Company's reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities law.
Pressekontakt:
Mike Anderson, Vice President Marketing Solar Power, Inc. (916) 745-0916 Manderson@solarpowerinc.net
