Evolution Solar Acquires China-Based R&D Corporation

* Reuters is not responsible for the content in this press release.

Thu Jul 31, 2008 9:00am EDT

GILBERT, Ariz.--(Business Wire)--
Evolution Solar Corp. (OTC:EVSO) has acquired Synergy Design and
Development Company Limited, a Hong Kong R&D and Procurement Company
based in Shanghai, China. Evolution Solar most recently announced its
plans to develop alternative energy technologies using thin film solar
panels.

   "The acquisition of Synergy should give Evolution Solar an edge
over the competition in sourcing materials and the manufacturing
process of photovoltaic technology," stated Robert Kaapke, CEO of
Evolution Solar. "The historical growth within the solar industry is
creating a huge demand on suppliers and manufacturers in the market."

   Evolution Solar is planning to establish a footprint with the
manufacturing capabilities in the Asian markets that can assist in the
reduction in the manufacturing and procurement of materials in the
heavy technology manufacturing province of Shanghai, China.

   China, which passed a landmark renewable energy law in January
2007, has pledged to spend some $200 billion over the next 15 years on
renewable energy. The goal: Achieve 20 percent total energy
consumption from green fuel sources.

   China's interest in renewables has translated into a rapidly
expanding base of at least a dozen publicly held domestic solar energy
and wind energy concerns, among them: Solarfun Power Holdings
(NASDAQ:SOLF) and JA Solar Holdings (NASDAQ:JASO).

   Some think the U.S. could be generating 10% of its electricity
from the sun within 10-15 years, and Scientific American published a
scheme last year for drawing almost 70% of our power using solar by
2050. Merrill Lynch's Mark Heller noted that solar startups raised
more money in 2007-8 than Internet stocks did in their 1998 heyday.
With companies such as First Solar (NASDAQ:FSLR) crushing expectations
and posting a 246% increase in sales, the future for solar companies
certainly looks bright.

   About Evolution Solar Corporation

   Evolution Solar Corporation (OTC:EVSO) commercializes leading-edge
alternative solar energy technologies and related photovoltaic
technologies, equipment and next generation appliances. Evolution
Solar is an emerging industry leader capitalizing on its understanding
of solar technology and supporting the development of alternative
energy plans for large corporations and government organizations.
Evolution Solar is also an expert consultant agency to organizations
in their strategic and procurement plans for alternative energy
contracts with public utilities. For more information please visit our
homepage at: http://www.evolutionsolar.com.

   Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This news release contains forward-looking
information 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, including statements that include the words
"believes," "expects," "anticipates" or similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the company to differ materially from
those expressed or implied by such forward-looking statements. In
addition, description of anyone's past success, either financial or
strategic, is no guarantee of future success. This news release speaks
as of the date first set forth above and the company assumes no
responsibility to update the information included herein for events
occurring after the date hereof.

Evolution Solar Corp.
Robert Kaapke, CEO
480-370-3535
services@evolutionsolar.com

Copyright Business Wire 2008
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