Open Energy and William-Lyon Homes Announce First Installation of SolarSave(R) Roofing Tiles as Standard Option on Housing Development.-- OEC OEC Outdoor Emergency Care OEC Oxygen Evolving Complex (photosynthesis) OEC Ohio Environmental Council OEC Office of Environmental Coordination (New York, NY) OEC Oregon Employer Council selected for 77-unit development in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, SOLANA BEACH, Calif. -- Open Energy Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: OEGY), a renewable energy Renewable energy utilizes natural resources such as sunlight, wind, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, and hydroelectricity to biomass and biofuels for transportation. company focused on the development and commercialization of solar energy solutions, today announced the Company's first installation as a standard option on a new housing development. William Lyon Homes has selected Open Energy's SolarSave[R] Roofing Tiles for its 77-unit housing development in Claremont in northern San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. . Open Energy's SolarSave[R] Roofing Tiles will be used on the roof of each condo unit in the Sunset Cove development. Each system will provide individual owners with slightly more than 1 kW of solar energy. "The Sunset Cove development is an important step forward for Open Energy, as this is our first installation where our SolarSave[R] Roofing Tile is being used as a standard feature for an entire community," commented David Saltman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Open Energy Corporation. "It is extremely rewarding to see solar being embraced as an energy option in a significant way." Construction and installation of the solar tiles have been completed for the five model units and will continue to roll out as the homes are sold. About Open Energy Open Energy Corporation (OTC BB: OEGY) focuses on the development and commercialization of renewable energy products and technologies for a wide range of applications including electrical and thermal power production and water desalination. The Company purses these objectives through technology, innovation, acquisitions, strategic partnerships and other business strategies. The company's mission is to enhance life by harnessing the power of the sun. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. for Forward Looking Statements Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, customer demand for its products, the Company's ability to scale up manufacturing to meet demand, and other factors over which Open Energy Corporation has little or no control. |
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