Acro Energy Expands to Arizona
HOUSTON, Texas (Mar 29, 2010) -- Acro Energy Technologies Corp. (TSXV:ART), a leading US solar integrator, announced its expansion to the state of Arizona to bring affordable solar energy to Arizona homeowners and businesses that want to lower their utility bills using renewable energy.
The Company expects to move into a new facility in Tempe next quarter and start installing solar systems immediately. Through Acro Energy's strategic alliance with SunRun, Inc., that was announced in October 2009, Arizona customers will be able to enter into power purchase agreements with SunRun for solar systems installed by Acro Energy.
"Arizona has the right fundamentals to make solar valuable for consumers and businesses," said Nat Kreamer, president of Acro Energy. "Just as we've built a leading solar integration business in California, we plan to be a leader in this fast growing, important solar market."
Steve Vella, director of business development for Acro Energy, will serve as the Qualifying Party for the Company's Arizona Contractor's License and oversee field services in the market.
"Steve's background and experience building Acro Electric is instrumental to our expansion into Arizona," said Harry Fleming, chief executive officer of Acro Energy. "With this organic expansion underway, Acro Energy continues to evaluate acquisition candidates to create a profitable national solar integration company."
About Acro Energy
Acro Energy Technologies Corp. is focused on the consolidation and growth of renewable energy companies, primarily in the United States residential solar energy installation market. Acro Energy provides practical solutions to individuals, businesses, non-profit organizations, and governmental entities that can benefit from the value of solar power. As a high end system integrator, Acro Energy offers quality products from leading solar module manufacturers including SunPower, Suntech, and Sharp and residential solar financing plans from SunRun, the nation's leading provider of home solar financing. Acro Energy continues to evaluate acquisition candidates across North America.
For more information, please visit www.acroenergy.com or email info@acroenergy.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain "forward-looking statements" within the meaning of applicable securities laws. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company assumes no obligation for the accuracy or completeness of those forward looking statements and undertakes no obligation to revise these forward looking statements to reflect subsequent events or circumstances. Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release.
SOURCE: Acro Energy Technologies Corp.
Acro Energy
Investor contact:
Chief Financial Officer
Martin C. Spake, 713-715-1004
mspake@acroenergy.com
or
For Acro Energy
Media contact:
Laura Pennino, 281-286-9398 X 1 or 713-419-1776 mobile
lp@penninoandpartners.com