SmartSpark Energy Systems Renamed SolarBridge Technologies

Expanding company focuses all resources on solar market
AUSTIN, Texas--(Business Wire)--
SolarBridge Technologies, formerly known as SmartSpark Energy Systems, today
unveiled a new corporate identity, including a modernized company name, logo,
and website. Since its founding in 2004, the company has leveraged its diverse
IP base to create multiple product lines. The new corporate identity reflects
the company`s revised strategy to focus exclusively on microinverter and
monitoring solutions for PV solar installations. Aggressively taking the company
to the next level, SolarBridge Technologies has hired a new executive team,
opened a new corporate headquarters in Austin, Texas, and has substantially
scaled up its engineering team to accelerate product development. Beta testing
of the new SolarBridge microinverter and information module is now underway.

The new SolarBridge identity is a reflection of the company`s mission to reduce
the Levelized Cost of Energy (LCOE) for solar installations by dramatically
improving reliability, increasing energy production and simplifying
installation. The company`s patented microinverter architecture enables
unprecedented levels of reliability by eliminating the most failure prone
components, like electrolytic capacitors and optoisolators, which are used in
central inverters and competitive microinverters. The high reliability of the
SolarBridge Microinverter enables the development of a true ACPV solution, where
the SolarBridge Microinverter is integrated to the back of a PV module. The
ultimate destination of the PV inverter market --- a highly reliable ACPV
solution, backed by a 25 year warranty, that dramatically reduces installation
costs and maximizes energy production --- is now a reality. Solar markets that
are not well served will now have a practical solution.

"Over the coming year, SolarBridge Technologies is well positioned to deliver
where others have failed, bringing an enabling technology to the residential and
small commercial PV market, which has not been well served by the existing
central inverter and microinverter offerings," said Ron Van Dell, President and
Chief Executive Officer, SolarBridge Technologies. "We have had a very promising
response from the marketplace to our unique value proposition."

SolarBridge Technologies is focused on creating microinverter and monitoring
solutions for home and small commercial solar power installations. According to
IMS Research`s new report titled "The World Market for PV Inverters, 2009
Edition," the world market for inverters used in residential and small
commercial markets will grow to approximately $1 Billion US dollars by 2013.
SolarBridge Technologies is well positioned to serve this market.

The company is headquartered in Austin, Texas, with an R&D facility in
Champaign, Illinois. SolarBridge`s new identity also includes a revitalized
website, where interested parties can find additional information. The site can
be found at www.solarbridgetech.com.

About SolarBridge Technologies

SolarBridge Technologies mission is to reduce the Levelized Cost of Energy
(LCOE) for solar installations by dramatically improving reliability, increasing
energy production and simplifying installation. SolarBridge Technologies began
operations in 2004 in Champaign, Illinois, under the name SmartSpark Energy
Systems. The SolarBridge Microinverter and Monitoring System was designed from
the ground up, utilizing patented technologies from the University of Illinois
to address PV inverter reliability issues, which historically has been the
biggest failure point of solar installations. The SolarBridge Microinverter and
Monitoring System facilitates electrical conversion and control between solar
modules and the electrical grid. For more information, please visit
www.solarbridgetech.com.

Matter Communications
Bill Trifiro, 978-499-9250 ext. 244
solarbridge@matternow.com

Copyright Business Wire 2009