SOURCE: Kender Energy Inc.

November 17, 2009 16:00 ET

Kender Energy Signs Distributor for Its Solar Technology, to Market in North Africa, Middle East, Greece, Turkey and the GCC

GENEVA--(Marketwire - November 17, 2009) - Kender Energy Inc. (PINKSHEETS: KNDR) today announced that it has signed a Memorandum Of Understanding (MOU) with Malta Licensing & Distribution Network S.A. (MLDN), a Maltese based international distributor with exposure into over 12 countries worldwide. Initial commitments are for 500 solar units annually.

Malta, an island state in the middle of the Mediterranean, historically has acted as a link for many trade routes dating back to Rome reaching into Ancient times; it also was an important staging point during the Crusades into the Holy-Land during the Middle Ages; and in modern times Malta is a trading hub with its tax free zone forging an important link in the modern world's Crusade to a Eco-friendly energy future. This significant geographic position brings big advantages.

"Malta is an island state without significant natural resources of petroleum products and because of this it has been an early adaptor of renewable energy out of necessity," states Sean Kelly, President and CEO of Kender Energy. "Malta's added benefit of being a hub for international trade is a tremendous advantage and one of the major reasons that we have entered into discussions with Malta Licensing & Distribution Network S.A. to market and distribute our Solar engine technology."

About Kender Energy Inc.:

Kender Energy Inc. is a development phase company active in the field of solar energy. Its present prototypes of solar panels are being developed into a full-scale solar energy production system. The particularity of the Kender solar panel system and technology is to allow, via a closed circuit of gas (usually helium), to create a heat exchange with the sunlight and the air from the environment. The exchange generates the spinning of the helium gas in the closed circuit, propelling a turbine, which produces electricity in a 100% clean and renewable process. The system's main advantages are that it is efficient, cheap in production, and modular. The company is based near Geneva, Switzerland. Its Website is www.kendersolar.com.

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