Disruptive Technology to Boost Coleman Charger Portfolio ICP Solar Technologies Inc. (OTCBB: ICPR.OB, FRANKFURT: K1U.F), a developer and marketer of innovative, proprietary, next-generation solar panels and products, today announced several of the Company’s products will be on display at the Outdoor Retailer Summer Market July 21-24 in Salt Lake City, Utah. The Outdoor Retailer Summer Market is billed as the world’s largest outdoor sports industry gathering, bringing retailers and media together with over 1,000 brands in the business of producing and selling the active outdoor lifestyle. ICP Solar’s Coleman®-branded solar chargers and accessories will be on display at Coleman booth #36104. One of the revolutionary products to be highlighted will be a solar charger that ICP Solar has developed in conjunction with Konarka Technologies. Konarka is a leader in solar plastic films that convert light into energy, utilizing organic photovoltaic (OPV) technology as a source of renewable power. Konarka’s Power Plastic® is lightweight, flexible, scalable and adaptable for use in a variety of commercial and consumer applications. ICP Solar and Konarka have designed a new line of solar chargers utilizing Konarka’s Power Plastic® solar cells, integrated under ICP Solar’s specifications. The units are to be sold in North America under the Coleman® brand and should be available in the fourth quarter of 2009 via the internet sites of a number of major retailers along with www.colemansolar.com. ”This relationship with Konarka is one more example of ICP Solar expanding its global reach with new, innovative technologies and partnerships to better position the company for sustained growth and profitability,” said Sass Peress, Chairman and CEO of ICP Solar. ”We expect thousands of visitors to be at the Outdoor Retailer show this week and can think of no more appropriate venue to showcase these solar chargers, marketed under the respected Coleman® brand name. Given the uniqueness of Konarka’s OPV applications, we look forward to a long and beneficial relationship and the opportunity to offer additional low-cost, cutting edge solar solutions in the years to come.” About Konarka Technologies, Inc. Konarka develops and manufactures solar plastic films that convert light to energy - anywhere. As the leading developer of polymer-based, organic photovoltaic (OPV) technology that provides a source of renewable power in a variety of form factors, Konarka has a broad portfolio of patents, technology licenses and an accomplished technical, scientific and manufacturing team. Manufactured at low cost and low energy consumption, the company's Konarka Power Plastic® technology is lightweight, flexible, scalable and adaptable for use in a variety of commercial, industrial, government and consumer applications. Konarka Technologies is headquartered in Lowell, Mass., U.S.A. and has a full scale production manufacturing facility in New Bedford, Mass. U.S.A., with European headquarters in Nurnberg, Germany, business development offices in Asia and a research and development facility in Austria. For additional information, visit www.konarka.com. About ICP Solar Technologies, Inc. ICP Solar is a developer and marketer of solar panels, solar cell based products, solar monitoring software and solar power management solutions. Through the application of its own intellectual property and next-generation technologies, the Company aims to be the solar industry's innovation leader. For the past 20 years, ICP Solar has been a lead innovator in the consumer solar market and has now begun to apply that same innovation philosophy to the OEM, rooftop and power generation segment of the solar industry. ICP Solar's management has over 50 years of experience in the renewable energy sector. ICP Solar markets its products under its sunsei® brand of solar products and is the North American licensee of the Coleman® brand in the solar charger category. ICP Solar is also helping the environment by offering these solar technologies and green solutions to the renewable energy sector. The company's headquarters are located in Montreal, Canada, with an R&D center in St. John’s Canada and additional locations in the USA, Ireland, France and the UK. Additional information may be found at www.icpsolar.com, www.sunsei.com, and www.sunsei.eu. This release may contain forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "expects," "plans," "estimates," "intends," "believes," "could," "might," "will" or variations of such words and phrases. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of ICP Solar Technologies Inc. to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. These statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties which are described under the caption "Note Regarding Forward-looking Statements" and "Key Information - Risk Factors" and elsewhere in ICP Solar Technologies Inc.’s Annual Report for the fiscal year ended January 31,2009, as filed on EDGAR at www.sec.gov. The risk factors identified in ICP Solar Technologies Inc. Annual Report are not intended to represent a complete list of factors that could affect ICP Solar Technologies Inc. Accordingly, readers should not place undue reliance on forward-looking statements. ICP Solar Technologies Inc. does not assume any obligation to update the forward-looking information contained in this press release. Contacts: Konarka Technologies Public Relations: BroadPR Tracy Wemett, 617-868-5031 tracy@broadpr.com or ICP Solar Technologies Inc. Sass Peress, 514-270-5770 Chief Executive Officer or ICP Solar Investor Relations: Chris Witty, 646-438-9385 cwitty@darrowir.com
© 2009 Business Wire
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