Sunrise Consulting Group Inc. Signs Letter of Intent to Purchase Controlling Interest...

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Fri Nov 14, 2008 9:15am EST

Sunrise Consulting Group Inc. Signs Letter of Intent to Purchase Controlling Interest in Chinese Solar Company

NEWPORT BEACH, Calif.--(Business Wire)--
Sunrise Consulting Group Inc. (Pink Sheets: SNRS) has signed a
letter of intent to purchase up to 60% of Sunrise Solartech Co., Ltd.
www.srsolartech.com. Sunrise Solartech was founded in March 2006 in
Jiansu Province, China as a privately owned enterprise that
specializes in designing, developing, manufacturing and marketing
solar energy products. Sunrise Solartech is one of China's largest
manufacturers of solar PV (Photovoltaic) products, including solar
energy appliances, on-grid & off-grid solar power generating systems,
and solar modules, of which it boasts an annual capacity of 40MW.
Sunrise Solartech has established strong strategic business in the
European Market in many major European Countries and has built a
worldwide network for PV (Photovoltaic) production and raw material
purchases. In its most recent internal reports (September 2008),
Sunrise Solartech projects a net profit of US $2 million in 2008, US
$5 million est. in 2009, and US $10 million est. in 2010. As a result
of this acquisition, Sunrise Consulting Group expects to penetrate
heavily into the North & South American markets and marketing of the
Solar Modules.

   ABOUT SUNRISE CONSULTING GROUP, INC.

   Sunrise Consulting Group's mission is to become a premier
investment banking and financial group for companies in Asia and the
Pacific Rim, bringing value to small and medium sized companies and
assisting them in becoming listed on the USA Exchanges. The company's
major focal point is mainland China and additional target areas
include Hong Kong, Laos, Vietnam, Malaysia, Australia and other
Pacific Rim & Southeast Asian countries. Recent growth in these
countries has been in the high double digits, and Sunrise Consulting
intends to capitalize on this trend by building upon and adding to its
current holdings, increasing sales revenues through acquisitions, and
continually expanding its portfolio into related areas.

   For more information call 949-258-4411 or email
SunriseConsultingGroup@gmail.com.

   Safe Harbor Statement: This release contains forward-looking
statements with respect to the results of operations and business of
Sunrise Consulting Group, Inc., which involves risks and
uncertainties. The Company's actual future results could materially
differ from those discussed. The Company intends that such statements
about the Company's future expectations, including future revenues and
earnings, and all other forward-looking statements be subject to the
"Safe Harbors" provision of the Private Securities Litigation Reform
Act of 1995.

Sunrise Consulting Group, Inc.
Raymond Chin, CEO
949-258-4411

Copyright Business Wire 2008
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