GULFPORT, Miss., Feb 25, 2013 (BUSINESS WIRE) — Solar America Corp. (OTCQB: SOLX) announced today that it has signed a Memorandum of Understanding with Valdez Cueva Constructores Asosiados S.A. de C.V., the principal contractor for the Los Conejos housing project, currently under construction in Tonola, a suburb of Guadalajara. Under the terms of the Memorandum, Solar America will provide Los Conejos with Solar Power Stations and solar lighting solutions for the planned community of 700 homes.
“Our participation in the Los Conejos project will allow us to quickly demonstrate our solar power solutions to a new audience of builders and developers in Latin America,” stated Robert Bludorn, Chairman and CEO. “While the Los Conejos is a modest project we believe it will be the first of many projects in Latin America in which Solar America will be asked to participate. We look forward to the opportunity to utilize our American grown Solar Power Stations in Mexico and beyond.”
The Solar Power Station is designed to work with existing products from major solar industry players including Yingli Green Energy Holding Co. Ltd. (NYSE: YGE), Suntech Power Holdings Co., Ltd. (NYSE: STP) and LDK Solar Co., Ltd. (NYSE: LDK).
About Solar America Corporation
Solar America Corporation intends to commercialize and distribute innovative solar energy products and solutions. Solar America intends to capitalize on its position in the alternative energy sector to develop cutting-edge solar technologies. Solar America common stock is traded under the symbol SOLX. For more information please visit www.solaramericacorp.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.