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Open Energy and William-Lyon Homes Announce First Installation of SolarSave(R) Roofing Tiles as Standard Option on Housing Development.

-- OEC selected for 77-unit development in Southern California

SOLANA BEACH, Calif. -- Open Energy Corporation (OTC BB: OEGY), a renewable energy 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.

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 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 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 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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Publication:Business Wire
Date:Feb 12, 2007
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