Evolution Solar Comments on Solar Energy Summit

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Mon Jan 12, 2009 9:00am EST

TEMPE, Ariz.--(Business Wire)--
Robert Kaapke , CEO of Evolution Solar Corp. (Pink Sheets:EVSO), made the
following comments on The Arizona Leadership Summit on Solar Energy Economics
held in Phoenix on Thursday and Friday. 

Solar industry leaders and experts converged Thursday from around the country to
Phoenix to make their case for Arizona becoming a major player in the Solar
industry. Timing is everything and the time for Arizona to act is now. Demand
may be lagging and obstacles have to be overcome but it is important that we
take action now before opportunities erode. In addition to Evolution Solar
Corp., many giants in the solar industry conduct business in Arizona to include
the likes of First Solar (NASDAQ:FSLR), Kyocera Corp. (NYSE:KYO), and BP Solar
(NYSE:BP). 

The University of Arizona researcher William Patton concluded that Arizona could
achieve sizable economic development through 2030 if it adopts the right
incentives to lure the industry to the state. The state could cap out a $2.5
billion investment in solar infrastructure a year in 2025, based on Patton's
study, up from an estimated $84 million in 2010. Solar construction could also
generate more than 16,500 new jobs in 2025. Wages paid out could total $19.4
billion between 2010 and 2030 from solar construction and operations with
maintenance adding an additional $128 million. To reach this goal the state
would have to develop more that 4,300 megawatts of solar generating capacity,
built on 20.5 square miles. Officials said the state's in a prime position to
land solar development. 

"I believe we're on the verge in Arizona of exploding in this market," said Rick
Gilliam, managing director for policy at Sun Edison LLC, a solar provider based
in Beltsville, Md. 

About Evolution Solar Corporation

Evolution Solar Corporation (Pink Sheets: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: 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," "anticipate" 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
480-366-5836
services@evolutionsolar.com

Copyright Business Wire 2009

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