IX Energy Announces Completion of Municipal Rooftop Solar System in Warwick, New York

NEW YORK, NY, Jun 16 (MARKET WIRE) --
IX Energy Holdings, Inc. (OTCBB: IXEH) ("IX Energy"), a renewable energy
solutions company engaged in the design, marketing and development of
solar power and other renewable energy solutions, announced completion
and full operation of a 20kW solar system on the rooftop of the Town Hall
in Warwick, NY.

Michael Sweeton, Town of Warwick Supervisor, said, "The system will meet
the daily electricity needs of both the Town Hall and the Warwick Senior
Center," saving the town about $8,000 per year in electric bills. The
majority of the cost for installing the system came through a $100,000
grant from the New York State Energy Research and Development Authority.
The town's contribution was $70,000, and its anticipated payback on
investment is less than nine years.

"We are pleased by the completion of this project, which is an extension
of our plan to increase our efforts to deliver turnkey renewable energy
solutions into the government sector and to help municipalities bring
clean, green solar energy solutions to their cities," stated Steven
Hoffman, CEO of IX Energy.

The solar system, which was designed and installed by IX Energy, provides
approximately 20kW of clean electric power. The array consists of 110
170-watt GE modules mounted on racks and one Solexia 3 phase inverter, and
a SolrenView data monitoring package which will be displayed on a large
LCD monitor which allows public visibility of the solar system
performance and solar energy being generated for the Town Hall.

About IX Energy Holdings, Inc.

Founded in 2006, IX Energy, Inc., the wholly owned subsidiary of IX Energy
Holdings, Inc., is a renewable energy services company engaged in the
design, marketing and development of solar power systems and other
renewable energy solutions to federal and civilian agencies.

Forward-Looking Statements

Statements in this press release that are not statements of historical or
current fact constitute "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. Such forward-looking
statements involve known and unknown risks, uncertainties and other
unknown factors that could cause the actual results of the Company to be
materially different from the historical results or from any future
results expressed or implied by such forward-looking statements. In
addition to statements which explicitly describe such risks and
uncertainties, readers are urged to consider statements with the terms
"believes," "belief," "expects," "intends," "anticipates," "will" or
"plans" to be uncertain and forward-looking. The forward-looking
statements contained herein are also subject generally to other risks and
uncertainties that are described from time to time in the Company's
reports and registration statements filed with the Securities and
Exchange Commission.

Company Contacts

Corporate Communications
Aspire Clean Tech Communications, Inc.
Todd M. Pitcher
760-798-4938

Rubenstein Investor Relations
Tim Clemensen
212-843-9337

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