Novan Solar System Installed at Denver's The Gathering Place

DENVER--(Business Wire)--
A commercial solar water heating system has been installed by
Novan Solar, Inc. at The Gathering Place, Denver's only daytime
drop-in center for women and children who are experiencing poverty or
homelessness. The system was chosen because of the high-efficiency and
short payback compared to other renewable options such as photovoltaic
or geothermal.

The Novan system was part of a $5.7 million, 35,000 square foot
renovation project made possible by private charitable donations and
grants. Efforts were made to make the new building as energy efficient
as possible. Money for the solar system itself was generously provided
by a grant from the Gates Foundation. "Novan greatly appreciates the
Gates Foundation's support of solar energy," stated President and CEO
Jacob Futro. "It's great to see such an influential organization
support our vision for a new paradigm in energy and sustainability."

The system will produce almost 3,000 therms of energy (equivalent
to 90 MWh) yearly and provides most of the building's domestic hot
water needs. Over 20 metric tons of carbon dioxide (green house gases)
will be offset annually.

The Gathering Place offers women and children living on the
streets of Denver a safe daytime refuge, resources for
self-sufficiency, and opportunities to acquire new skills. The
center's emergency services afford immediate relief to women and
children in distress. Once women and children have had their most
pressing needs met - like sustenance and shelter - they can take the
next steps toward rebuilding their lives. The Gathering Place enables
real, positive life changes for disadvantaged women and their children
interested in bettering themselves.

"The solar system will reduce our operating costs and free up more
money for other essentials like food, bus tokens, telephones, and
high-speed internet service," says Leslie Foster, President and CEO.
"Plus, we think it is a great marriage of concepts since one of our
overarching goals is to promote sustainability."

Novan Solar Inc., based in Golden, Colo., is the largest solar
thermal company in the Southwest. Novan specializes in turnkey
solutions for large-scale commercial and industrial water heating
needs in addition to supplying systems for residences.

Novan Solar Inc.
Kirk Norlin, VP Marketing, 720-244-8034
norlin@novan-solar.com
www.NovanSolar.com

Copyright Business Wire 2008