Wednesday, November 05, 2008

ICP Solar Announces Sunsei Agreement with Major RV Manufacturer

MONTREAL--(BUSINESS WIRE)--ICP Solar Technologies Inc. (OTCBB: ICPR.OB, FRANKFURT: K1U.F), a developer, manufacturer and marketer of proprietary solar panels and products, today announced that the company has signed an agreement for the sale of its Sunsei® solar vents to a major North American supplier of recreational vehicles beginning in 2009. This marks the first time that Sunsei® vents will be installed directly at the factory of an RV producer, and it is estimated that this Fortune 500 OEM will purchase the equivalent of eight container loads next year worth over $1 million. ICP Solar vents can provide lower maintenance costs to RV owners due to a reduction of mold, mildew, odor and heat inside the internal cabins.

As the company looks to build on its Sunsei® brand name, we are excited to see that our solar vents will be built into a variety of recreational vehicles for one of the largest producers in North America, said Sass Peress, Chairman and CEO of ICP Solar. This supply agreement calls for our vents to be installed directly at the factory providing solar energy when needed for electrical usage within the vehicle, a very attractive feature that meets the needs of todays energy-consuming RVs. This application again validates the virtues of our patented technology and innovative designs within the solar field.

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