Barry Cinnamon, CEO and Founder of Akeena Solar, Named Ernst & Young Entrepreneur...

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Thu Jun 19, 2008 8:01am EDT

Barry Cinnamon, CEO and Founder of Akeena Solar, Named Ernst & Young Entrepreneur Of The Year(R) 2008 Award Finalist in Northern California

LOS GATOS, Calif.--(Business Wire)--
Akeena Solar today announced that CEO and founder Barry Cinnamon
is a finalist for the Ernst & Young Entrepreneur Of The Year(R) 2008
Award in the Northern California. According to Ernst & Young LLP, the
awards program recognizes entrepreneurs who demonstrate extraordinary
success in the areas of innovation, financial performance and personal
commitment to their businesses and communities. Cinnamon was selected
as a finalist from over 90 nominations by a panel of independent
judges. Award winners will be announced at a special gala event on
21st June at the Fairmont Hotel in San Francisco.

   "It's an honor to be recognized by an organization that is
dedicated to promoting entrepreneurial activity. When I started Akeena
Solar seven years ago, it was my goal to make solar easier, and our
success shows through the thousands of homeowners and business that
have embraced solar," Cinnamon said. "This award reaffirms our
direction, and shows the world that a successful business can be based
on renewable energy."

   A leading installer of solar power systems since 2001, Akeena
Solar recently launched a new solar power system, Andalay. This
breakthrough power system is a revolutionary design shift in the
residential solar market and is the first panel to incorporate the
electrical and racking elements into a panel itself. Also, throughout
the course of the past year, Akeena Solar has opened eight new offices
throughout California and Colorado, increased its workforce and signed
manufacturing deals with Kyocera and Suntech, two of the biggest solar
manufacturers in the industry.

   The Ernst & Young Entrepreneur Of The Year awards program
celebrates its 22nd anniversary this year. The program has expanded to
recognize business leaders in over 135 cities in 50 countries
throughout the world.

   Regional award winners are eligible for consideration for the
Ernst & Young Entrepreneur Of The Year national program. Award winners
in several national categories, as well as the overall national Ernst
& Young Entrepreneur Of The Year award winner, will be announced at
the annual awards gala in Palm Springs, California on November 15,
2008. The awards are the concluding portion of Ernst & Young's
Strategic Growth Forum, the nation's most prestigious gathering of
high-growth, market-leading companies.

   Sponsors

   Founded and produced by Ernst & Young LLP, the Entrepreneur Of The
Year awards are pleased to have the Ewing Marion Kauffman Foundation
and SAP America as a national sponsor.

   In Northern California, sponsors include NYSE Euronext, HSBC,
Marsh, RR Donnelley, Scherzer International, The Big Picture Film and
Video Arts, SmartBusiness and The Summit Group Communications.

   About Akeena Solar, Inc.

   Founded in 2001, Akeena Solar's philosophy is simple: We believe
producing clean electricity directly from the sun is the right thing
to do for our environment and economy. Akeena Solar has grown to
become one of the largest national installers of residential and
commercial solar power systems in the United States. The company's new
integrated solar panel system, Andalay, is the only solar panel system
with integrated racking, wiring and grounding. Andalay panels offer
unprecedented reliability, performance and aesthetics. For more
information, visit Akeena Solar's website at www.akeena.com.

   About Ernst & Young's Entrepreneur Of The Year

   Ernst & Young's Entrepreneur Of The Year is the world's most
prestigious business award for entrepreneurs. The award makes a
difference through the unique way it encourages entrepreneurial
activity among those with potential and recognizes the contribution of
people who inspire others with their vision, leadership and
achievement. As the first and only truly global award of its kind,
Ernst & Young Entrepreneur Of The Year celebrates those who are
building and leading successful, growing and dynamic businesses,
recognizing them through regional, national and global awards programs
in more than 135 cities in 50 countries.

   About Ernst & Young

   Ernst & Young is a global leader in assurance, tax, transaction
and advisory services. Worldwide, our 130,000 people are united by our
shared values and an unwavering commitment to quality. We make a
difference by helping our people, our clients and our wider
communities achieve potential.

   For more information, please visit www.ey.com.

   Ernst & Young refers to the global organization of member firms of
Ernst & Young Global Limited, each of which is a separate legal
entity. Ernst & Young Global Limited, a UK company limited by
guarantee, does not provide services to clients.

   This news release has been issued by Ernst & Young LLP, a member
firm of Ernst & Young Global Limited.

Akeena Solar, Inc.
Jose Tengco, 408-402-9422
jtengco@akeena.com
or
Antenna Group Public Relations
Caitlin Cieslik-Miskimen, 415-977-1922 (Public Relations)
caitlin@antennagroup.com

Copyright Business Wire 2008
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