Nat Kreamer Joins Acro Energy As President
HOUSTON, Texas (Jan. 25, 2010) – Acro Energy Technologies Corp. (TSX Venture: ART), a leading US solar integrator, is pleased to announce that Robert “Nat” Kreamer has been named permanent President. Kreamer has been serving as Interim President of the Company since June 2009.
Nat Kreamer was the founder, President, and Chief Operating Officer of SunRun, the nation’s leading provider of home solar financing. Before founding SunRun, Kreamer worked in power industry consulting and clean energy investing as well as energy trading. He has an MBA from Rice University and a BS from Northwestern University. An officer in the US Navy (Reserves), Kreamer is an Afghanistan war veteran and recipient of the Bronze Star Medal. He is also an Advisor at the Madison Policy Forum, which promotes non-partisan dialog about timely national security issues.
“Nat’s experience in the solar industry will continue to be invaluable to the Company,” said Harry Fleming, chief executive officer of Acro Energy. “His expertise and strategic insight will help us grow across the United States as we acquire additional companies in the solar and alternative energy delivery markets,” added Fleming.
“We’re building a company capable of helping tens of thousands of consumers and businesses save money with clean, renewable energy,” said Nat Kreamer, president. “We’ve demonstrated early success in California, building Acro Energy into the fourth largest residential integrator as of December 2009 and plan to capitalize on this track-record across the country, customer types, and distributed generation technologies in 2010.”
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