Thursday, June 11, 2009

Electron Solar Energy Announces Over $10.5 Million in Outstanding Solar Energy Project Proposals

MIAMI--(BUSINESS WIRE)--Electron Solar Energy (OTC:ESRG), an international green technology installer and distributor of alternative energy systems and energy efficiency solutions, announced today that the company currently has a pipeline of over $10.5 Million in solar energy installation contract proposals.

Electron Solar Energy is attending another trade show in Miami this week; MiaGreen Expo and Conference (http://www.miagreen.com/ ) in pursuit of additional potential customers. The current list of proposals includes residences, manufacturing facilities, fuel stations, hotels and condominium developments.

President and CEO of Electron Solar Energy, Christopher Quinn, said “We are very excited and encouraged by our current level of bid activity for solar energy projects. We have worked hard to build a strong reputation through referrals from very satisfied clients, in addition to aggressively participating in a very active trade show schedule. Our trade show attendance has resulted in numerous qualified leads which have contributed to the bid pipeline we have today. Although we do not project a 100% close rate on our outstanding bids, even a modest close rate at this early juncture in the year will result in a record breaking year for Electron Solar Energy in both profitability and revenue.”

Quinn continued, “With our recent addition of wind turbines in our green technology portfolio of alternative energy systems, we look forward to developing ESRG into the energy efficiency experts domestically and internationally. We are in the process of adding another energy efficient solution to our diversified offering list of technologies and services in order to cement our reputation as the ‘go to’ company when it comes to adopting and implementing green technology solutions.”

To be included in the company’s e-mail database for company updates, press release and industry developments, investors and shareholders are invited to send their e-mails to investors@electronsolarenergy.com.

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