Mercury Solar Systems Expands Footprint in the Northeast with Acquisition of K-Star...

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Fri Jun 26, 2009 9:00am EDT

Mercury Solar Systems Expands Footprint in the Northeast with Acquisition of
K-Star Solar

Long Island Businesses Now Have Access to Mercury's Full-Suite of Solar
Products and Services

NEW ROCHELLE, N.Y., June 26 /PRNewswire/ -- Mercury Solar Systems, Inc., one
of the leading solar integrators in the Northeast, today announced that it has
acquired K-Star Solar, Long Island's leading residential solar installer. The
acquisition strengthens Mercury's presence in the Northeast and its solar
business in Long Island, NY. Financial terms were not disclosed.

"Long Island is an important market for us with Long Island Power Authority
ranked as one of the top ten solar utilities in the country," said Jared
Haines, President, Mercury Solar Systems. "With K-Star we have an instant
footprint in this market and we believe together we can offer commercial and
residential customers cutting edge, highly efficient solar solutions at
affordable prices. The federal and state incentives for solar systems have
also never been better, but customers need a company with local knowledge to
help them leverage the benefits of solar."

Upon closing, K-Star Solar will be re-branded Mercury Solar Systems and Kevin
P. Harvey, K-Star's current President, will join Mercury's Long Island team as
its Divisional President. Kevin will focus on Mercury's Long Island operations
and installations. He will be joining Mercury's existing Long Island sales
team that is led by Jeffrey Amorosana. 

"Mercury Solar Systems is one of the key players in this market with in-depth
commercial and residential solar experience, a strong sales and operational
team and an expansive list of products and services," said Kevin P. Harvey,
President, K-Star Solar. "They are a logical partner to take K-Star to the
next level and we believe this is a win-win for Long Island residential
consumers that are looking to go green with solar as we can now offer them
SunPower premier products."

About Mercury Solar Systems:
Mercury Solar Systems designs and installs solar electric and solar thermal
energy systems for commercial and residential customers. The Company has
installed hundreds of solar systems totaling several million watts of energy
making it the leading solar integrator in New York, New Jersey and
Connecticut. Mercury Solar Systems is a subsidiary of Mercury Energy (formerly
Aquus Energy), a leading provider of solar energy systems throughout the
United States, and backed by Oppenheimer & Company. For more information visit
www.mercurysolarsystems.com. 

    Kellie Walsh
    (914) 315-6072
    kwalsh@kwmcommunications.com


SOURCE  Mercury Solar Systems, Inc.

Kellie Walsh for Mercury Solar Systems, Inc., +1-914-315-6072,
kwalsh@kwmcommunications.com
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