Wednesday, January 25, 2012
ONYX to Acquire Significant Stake in Optimum Solar After Spectacular Success of New Product
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Onyx Service and Solutions Inc (OTCQB:ONYX) is reporting today that management is moving to secure a significant stake in the Company’s co-development partner on the revolutionary new “Plug-N-Play” all-in-one solar panel product. After publicly announcing the new Plug-N-Play product and demonstrating it in use for the press, potential buyers and distributors, the Company has received a surprisingly large amount of positive interest from all over the globe.
Designation of the new Plug-N-Play as a “solar panel” doesn’t do justice to the true abilities of this new product. Because the Plug-N-Play consists of a solar panel, micro inverter, a battery, voltage stabilizing electronics and an AC/DC outlet - you can literally buy it off of the shelf; point the panel at the sun and plug an extension cord directly into the panel for immediate power, alleviating complicated wiring and typical installation requirements. The Plug-N-Play panels are designed to be attached to any surface with 4 screws and immediately be ready for use in single or multiple configurations. An added sales bonus is that this new product allows remote residences worldwide to now have immediate access to the power of the sun, and with the integrated battery, power is provided well after sunset.
“Located on the Asian continent, with direct access and trusted associations with multiple quality manufacturers in Shenzhen, Optimum Solar has benefitted ONYX as an active player to expand our Company’s focus on solar product development, solar product manufacturing, solar product sales and new solar technology acquisition and development,” stated ONYX President Malcolm Burleson. “This new arrangement will strengthen our aggregate abilities to provide superior engineering expertise, better manufacturing capabilities and larger distribution networks for this sensational new product. This should enable us to properly engineer, manufacture and distribute multiple models from 230 watts to 330 watts, worldwide – creating maximum revenue potential for the Company.”
Information about Optimum Solar can be found on the ONYX website at www.onyxservice.com/optimum-solar.html or directly at Optimum’s own corporate website, which can be seen at www.optimumsolar.com
Onyx Service & Solutions, Inc. acquires, develops and markets the most promising and potentially profitable energy projects and technologies possible. The ONYX mission is to manifest cutting edge energy technology, products, manufacturing advances and construction projects to successfully compete in a global energy marketplace, which includes GE (NYSE: GE), JinkoSolar (NYSE: JKS), Trina Solar (NYSE: TSL) and First Solar (NASDAQ: FSLR).
For more information on the Company see: http://www.OnyxService.com
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