Solar Power, Inc.Enters into Sales Representation Agreement with Peja Stojaković`s Global Energy Services for Solar Product Sales in Greece and the Balkans
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NBA Star to Join Solar Power, Inc. for Kick-Off at InterSolar 2009 in Munich
ROSEVILLE, Calif.--(Business Wire)--
Solar Power, Inc. ("SPI") (OTCBB: SOPW) an international manufacturer, designer,
distributor and installer of photovoltaic (PV) solar systems announced today
that they have entered into an agreement with Global Energy Services (GES) to
represent SPI`s unique line of solar products throughout Greece and the Balkans.
Global Energy Services is NBA star Peja Stojaković`s newly formed company,
dedicated to bringing affordable, renewable energy solutions to the region. GES
will serve as the exclusive representative of SPI`s product line that includes
highly efficient solar modules, SkyMountTM non-penetrating commercial mounting
system and PeaqTM, SPI`s proprietary solar canopy system for covered parking
areas. Peja will be present this week at Solar Power, Inc.`s exhibit, booth
stand A2.557, at InterSolar 2009 in Munich, Germany.
"We are very pleased that Peja and his Global Energy Solutions organization have
joined with SPI as we expand our international distribution network into a part
of the world where demand for solar is growing rapidly. Peja`s remarkable career
in the NBA and his outstanding leadership skills makes him a perfect ambassador
for solar energy and Solar Power, Inc.`s proprietary line of innovative solar
products," said Steve Kircher, CEO of Solar Power, Inc. "Peja and the team he`s
put together at GES are very strong and we couldn`t be more excited about the
opportunities they are developing throughout their territory."
Peja Stojaković has been in the NBA for ten years. A majority of his NBA career
was with the Sacramento Kings where he was a star player and leading scorer. Mr.
Stojaković continues to distinguish himself as small forward for the New Orleans
Hornets. The GES organization will deploy renewable energy solutions to the
Balkans and Greece and be the exclusive Solar Power, Inc. representative
throughout the region. "Solar Power, Inc. has an innovative line of photovoltaic
solar energy products that are associated with very high-quality products and
performance standards," said Stojaković. "These are the standards I have built
my career on and they have served me well. I look forward to a long and
successful relationship with the SPI team."
Solar Power, Inc. and the GES team, including Peja Stojaković, will be present
this week at Europe`s largest solar trade show, InterSolar 2009 in Munich,
Germany. SPI`s line of innovative solar products will be represented at the
show. Visitors can learn more about the SPI and GES relationship and meet Peja
at SPI`s exhibit in hall A2 at booth stand 557.
About Solar Power, Inc.:
Founded in 2005, Solar Power, Inc. is a vertically integrated solar energy
solution provider offering the North American commercial and public sector
building markets a complete solution through a single brand. The Company`s Yes!
Solar SolutionsTM subsidiary provides the U.S. small- to mid-sized business and
residential market segments with turnkey PV solar systems through a growing
retail franchise network. Throughout Europe and Asia, the Company sells its
products direct to distributors and turnkey solutions providers. Solar Power,
Inc. operates from its Roseville, California headquarters.
Safe Harbor Statement:
This release contains certain "forward-looking statements" relating to the
business of Solar Power, Inc., its subsidiaries and the solar industry, which
can be identified by the use of forward looking terminology such as "believes,"
"expects" or similar expressions. The forward looking statements contained in
this press release include statements regarding the Company`s ability to execute
its growth plan and meet revenue and sales estimates, enter into formal
long-term supply agreements, and market acceptance of products and services.
These statements involve known and unknown risks and uncertainties, including,
but are not limited to, general business conditions, managing growth, and
political and other business risk. All forward-looking statements are expressly
qualified in their entirety by this Cautionary Statement and the risks and other
factors detailed in the Company's reports filed with the Securities and Exchange
Commission. The Company undertakes no obligation to publicly update or revise
any forward-looking statements, whether as a result of new information, future
events or otherwise, except as may be required under applicable securities law.
Solar Power, Inc.
Mike Anderson, Vice President Marketing, 916-745-0916
Manderson@solarpowerinc.net
or
HC International, Inc.
Ted Haberfield, Executive VP, 760-755-2716
thaberfield@hcinternational.net
Copyright Business Wire 2009
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