Electron Solar Energy Retains Gregg Sigman to Spearhead M&A Strategy.

Leverages 17 Years of Experience, 9 with the Huizenga Founded Company NationsRent

MIAMI -- Electron Solar Energy (Pink Sheets:ESRG), an international distributor of alternative energy systems, announced today that it has retained Gregg Sigman, CPA as a full-time consultant to spearhead the Company's merger and acquisitions strategy. Sigman brings 17 years Accounting and Management experience, and 9 years of multi-unit operations management and business development experience with NationsRent, an investment company started by Wayne Huizenga, who remains on its Board of Directors.

Sigman joined NationsRent in 1998, the year of its IPO, as Director of Finance and Business Development, then Southeast Regional Business Manager, and most recently as Southeast Regional Vice President. During his tenure, Sigman directed multiple financial and business development functions, including targeting over 100 acquisitions and closing on over 10 deals with pro-forma revenues of $210 million. Sigman's achievements also included directing and executing a $38 million Capital Plan, and assisting in development of a strategic relationship with Lowe's Home Improvement Stores (NYSE:LOW).

President and CEO of Electron Solar Energy Christopher Quinn, said, "Gregg brings a wealth of experience in executing M&A strategies for growth, mid-cap and Fortune 50 companies. He also has proven financial expertise, including executing turnaround strategies and increasing return on investment for large enterprises. Our management team is confident in his ability to identify and execute complementary acquisitions that will position us to capitalize on emerging opportunity in the global alternative energy sector."

Prior to NationsRent, Sigman was Manager of Business Development and Planning for Cordis, A Johnson and Johnson Co., where he evaluated over 20 proposed M&A transactions valued at over $4 billion, and closed and integrated six of the company's licensing and acquisitions transactions. Sigman began his career in 1990 as a tax consultant for Price Waterhouse, LLP.

Sigman holds a Master of Accounting and a Bachelor of Science, both from the University of Florida. He also completed professional development courses in Mergers and Acquisitions at Wharton Executive Education, University of Pennsylvania and M&A, Accounting and Auditing at the J&J Finance Institute, New Jersey.

Sigman said, "I'm excited with the opportunity to work with Electron Solar, who has demonstrated early success in establishing a global distribution footprint in the high-growth Solar Energy industry. I look forward to helping to expand its business in the near future."

Electron is pleased to announce that with Sigman on board, the company has identified, and begun negotiations with the first acquisition target as of 5/23/07.

About Electron Solar Energy

Electron Solar Energy, based in Miami, Florida, is engaged in the international distribution of alternative energy systems. The Company's turnkey solutions provide solar and wind energy generation, as well as energy storage systems sold B2B and B2C worldwide. The Company also sells a proprietary line of sealed batteries, inverters, converters, Solar Panels, Related components, and gas and diesel fuel generators. For more information on the Company, visit www.electronsolarenergy.com. For investor relations, visit http://www.otcfn.com/esrg.

This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology; changes in laws and regulations, includes codes and standards, intellectual property rights, and tax matters; the uncertainty of the oil & gas market; including the geopolitical environment not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.