ICP Solar Expands Distribution in Russia and Ukraine

Tag : Outdoor Termination

ICP Solar Technologies Inc. (OTCBB:ICPR.OB FRANKFURT:K1U), adeveloper, manufacturer and marketer of solar panels and products,today announced a new contract with Pro Sport, a major Automotivedistributor in Russia and Ukraine.
Pro Sport is one of the leading distributors, which offers thelargest selection of Auto and Car parts of the Russian andUkrainian Automotive After market. "The Eastern population isbecoming more and more interested in worldwide brands. Plug andplay solar chargers for Russian and Ukrainian cars, campers andboats make senses which includes nowadays more and more electronicsuch as GPS, Blackberry and Cell phones," stated Pascal Petit,ICP Solar's VP of Sales- Europe and Asia Pacific. "This is amarket where upscale people are very aware of their environment andhave quickly embraced the use of mobile alternative energy, so thedemand for our solar charger solutions will be high. We arethrilled to be working with Pro Sport in order to be able toprovide to vehicle lovers our Sunsei(R) SE 150, Sunsei(R) SE 500and our unique Solar grip products, for the first time in thesemarkets."
"Russians and Ukrainians have always embraced internationalbrands and great lifestyle. Innovation and great consumertechnology are an integral part of our culture," stated SergeiOrlov, MD of Pro Sport. "Sunsei(R) solar products are the mostinnovative and reliable products of their kind. Their modularity,reliability and designs will be quickly embraced and become a partof everyone's lifestyle experience. We look forward to a long andproductive relationship with ICP Solar as we will build awarenessof alternative energy technologies and the Sunsei(R) brand in ourcore eastern markets."
About ICP Solar Technologies, Inc:
ICP Solar is a developer, manufacturer and marketer of solar panelsand solar cell based products and building materials. Through theapplication of next-generation technologies and use of proprietaryintellectual design the Company aims to be the industry'sinnovation leader. For the past 19 years, ICP Solar has led theconsumer market through innovation and has now begun to apply thatsame philosophy to the OEM, rooftop and power generation segment ofthe solar industry. ICP Solar's management has over 50 years ofexperience in the renewable energy sector. ICP Solar is the NorthAmerican licensee of the Coleman(R) brand in the solar chargercategory. The company's headquarters are located in Montreal,Canada, with additional locations in the USA, Spain, Ireland andFrance.
Corporate information may be found at www.icpsolar.com
About Pro Sport: Corporate information on Pro Sport may be found atwww.prosport.ru
The forward-looking statements herein include, but are not limitedto, the expected expansion of our solar solutions into EuropeMiddle East, Asia and Africa. Our actual results may differmaterially from those implied in these forward-looking statementsas a result of many factors, including, but not limited to, overallindustry environment, customer acceptance of our products, delay inthe introduction of new products, further approvals of regulatoryauthorities, adverse court rulings, production and/or qualitycontrol problems, the denial, suspension or revocation of permitsor licenses by regulatory or governmental authorities, terminationor non-renewal of customer contracts, competitive pressures andgeneral economic conditions, and our financial condition. These andother risks and uncertainties are described in more detail in ourmost recent SB-2 filing with the Securities and ExchangeCommission. Forward-looking statements speak only as of the datethey are made. We undertake no obligation to update or revise suchstatements to reflect new circumstances or unanticipated events asthey occur, except as required by applicable laws, and you areurged to review and consider disclosures that we make in thereports that we file with the Securities and Exchange Commissionthat discuss other factors germane to our business.