Acro Energy Jumps to Fourth Ranked Solar Integrator in December According to California Solar Initiative Data
HOUSTON, Texas (Jan. 14, 2010) – Acro Energy Technologies Corp. (TSX Venture: ART), a leading US solar integrator, is proud to announce that in the month of December it ranked number four in residential solar energy system sales in the state of California.
According to data published by the California Solar Initiative, Acro Energy’s operations in Northern and Southern California, including the November 2009 acquisition of Energy Efficiency Solar, Inc., combined to place Acro Energy as the number four residential solar energy system integrator in the state based on total kilowatts sold during the month. For the same time period, Acro Energy’s Northern California operations ranked third for residential solar energy system sales in the territory served by Pacific Gas & Electric (NYSE: PCG).
“December’s sales results demonstrate Acro Energy is executing on our strategy to make solar electricity mainstream - saving money for consumers on their electricity bills – and delivering superior value to our shareholders,” said Nat Kreamer, president of Acro Energy.
Harry Fleming, chief executive officer of Acro Energy added “We closed our first acquisition ten months ago and with the two subsequent acquisitions, we have worked hard to integrate and mesh these operations and we are now seeing the results of our efforts. Even after reaching this ranking out of over 750 solar installers in California, Acro Energy intends to continue its aggressive growth plan for California and the rest of the country.”
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 acroenergy.com or email info@acroenergy.com.
On Behalf of the Board of Directors,
Douglas A. Samuelson, Executive Vice President
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.
Investor contact: Martin C. Spake, Chief Financial Officer, Acro Energy
713/ 715-1004
mspake@acroenergy.com
Media contact: Laura Pennino for Acro Energy
281/286 9398 X 1 or 713/419-1776 mobile
lp@penninoandpartners.com