MONTREAL, Jul 09, 2008 ICP Solar Technologies Inc. (OTCBB:ICPR.OB FRANKFURT:K1U), a developer, manufacturer and marketer of solar panels and products, today announced a new contract with Pro Sport, a major Automotive distributor in Russia and Ukraine.
Pro Sport is one of the leading distributors, which offers the largest selection of Auto and Car parts of the Russian and Ukrainian Automotive After market. "The Eastern population is becoming more and more interested in worldwide brands. Plug and play solar chargers for Russian and Ukrainian cars, campers and boats make senses which includes nowadays more and more electronic such as GPS, Blackberry and Cell phones," stated Pascal Petit, ICP Solar's VP of Sales- Europe and Asia Pacific. "This is a market where upscale people are very aware of their environment and have quickly embraced the use of mobile alternative energy, so the demand for our solar charger solutions will be high. We are thrilled to be working with Pro Sport in order to be able to provide to vehicle lovers our Sunsei(R) SE 150, Sunsei(R) SE 500 and our unique Solar grip products, for the first time in these markets."
"Russians and Ukrainians have always embraced international brands and great lifestyle. Innovation and great consumer technology are an integral part of our culture," stated Sergei Orlov, MD of Pro Sport. "Sunsei(R) solar products are the most innovative and reliable products of their kind. Their modularity, reliability and designs will be quickly embraced and become a part of everyone's lifestyle experience. We look forward to a long and productive relationship with ICP Solar as we will build awareness of alternative energy technologies and the Sunsei(R) brand in our core eastern markets."
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(R) 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.
Corporate information may be found at www.icpsolar.com
Contact ICP Solar Technologies:
Laurent Lafite
Tel: 514-270-5770
Email: Llafite@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.