Xantrex(TM) Supports City Tour for Solar Across United States
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VANCOUVER, BRITISH COLUMBIA, Jul 31 (MARKET WIRE) --
Xantrex Technology Inc. (TSX: XTX) will be a partner in a 50-city solar
technology tour across the United States from August to November 2008.
City Tour for Solar consists of two educational exhibits about solar and
renewable energy that will be presented to municipal leaders, community
members and utility representatives. The tour will visit cities in
Washington, Oregon, California, Arizona, Nevada, New Mexico, Texas,
Minnesota and Colorado.
High energy costs and environmental concerns have lead to growing
interest in renewable energy sources. City Tour for Solar will educate
city managers and municipal leaders on how to turn public demand for
renewable energy into real solutions with clean, cost-effective solar
electric power. The tour will include practical information on how to
plan, implement and verify the value of municipal and utility solar
programs.
"Solar energy encompasses several municipal priorities," said Mossadiq S.
Umedaly, Xantrex Chairman. "It addresses climate change issues and
ensures a secure, local, independent power supply while also creating new
jobs."
Xantrex is sponsoring the tour along with other solar industry companies
including the lead sponsor SunEdison LLC, North America's largest solar
energy services provider.
"We commend our industry partners like Xantrex for making this city tour
a reality," said Thomas (Tom) Rainwater, CEO of SunEdison. "Industry
partners are necessary because solar energy is complex. There are key
concepts like 'interconnection standards', 'net-metering' and others that
national, state and local officials need to understand in order to make
the right decisions about solar for their communities. We are simply
bringing the knowledge to them as an industry, so cities can deploy
cost-effective solar energy when and where it makes sense to them."
For more information about the City Tour for Solar, please visit
www.CityTourforSolar.com.
About Xantrex
Xantrex Technology Inc. (www.xantrex.com) is a world leader in the
development, manufacturing and marketing of advanced power electronic
products and systems for the renewable, programmable, and mobile power
markets. The company's products convert and control raw electrical power
from any central, distributed, renewable, or backup power source into
high-quality power required by electronic and electrical equipment.
Xantrex is headquartered in Vancouver, Canada, with facilities in
Arlington, Livermore, San Diego, and Elkhart, United States; Barcelona,
Spain; Reading, England; Berlin, Germany; and a joint venture in
Shanghai, China. Xantrex is listed on the Toronto Stock Exchange under
the ticker symbol "XTX".
About SunEdison
SunEdison LLC is North America's largest solar energy services provider
and operates across a global marketplace. SunEdison provides
solar-generated energy at or below current retail utility rates to a
broad and diverse client base of commercial, municipal and utility
customers. For more information about SunEdison, please visit
www.sunedison.com.
Note that this news release contains forward-looking statements related
to Xantrex Technology Inc. Such statements reflect the current views of
Xantrex with respect to future events and are subject to risks and
uncertainties that could cause actual results to differ materially from
those contemplated in these forward-looking statements. Xantrex and Smart
choice for power are trademarks of Xantrex International, registered in
the United States and other countries.
Contacts:
Xantrex Technology Inc.
Media Relations
(604) 422-2589
Email: mediarelations@xantrex.com
Website: www.xantrex.com
Copyright 2008, Market Wire, All rights reserved.
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