OPEL International Inc.
TSX VENTURE : OPL

OPEL International Inc.

November 24, 2008 16:45 ET

OPEL International Files 3rd Quarter Financials

SHELTON, CONNECTICUT and TORONTO, ONTARIO--(Marketwire - Nov. 24, 2008) - OPEL International Inc. (TSX VENTURE:OPL) ("OPEL" or "the Company"), a leading global developer and supplier of high concentration photovoltaic (HCPV) and other solar products, today announced the filing on SEDAR of its Financial Statements and the Management's Discussion and Analysis for the 9-month period ended September 30, 2008 (collectively the "Financials").

The Financials show significant revenue growth over the second quarter of 2008 and the same quarter in 2007. OPEL continues to make strides toward its goals and objectives for 2008, as outlined in the Company's MD&A.

The Company has been granted the necessary governmental and utility permits to move forward on its previously announced grid field installation in Spain which will provide higher levels of revenue in the coming quarters.

In commenting on the Financials, Michael McCoy, OPEL's Chief Financial Officer said: "With an HCPV backlog of more than 1MW, a growing tracker business, a manufacturing capability ready to fulfill those orders and about US$20 million in cash, OPEL is well poised for growth."

About OPEL International

With operations headquartered in Shelton, CT and Toronto, Ontario, Canada OPEL designs, manufactures and markets high performance concentrating photovoltaic ("HCPV") panels to transform solar energy into electricity for worldwide application. Opel's high performance photovoltaic concentrating panels generate up to 40% more kilowatt-hours than conventional flat plate silicon solar panels, resulting in more cost effective electricity generated from the sun. Opel also markets a complete line of dual axis solar trackers to mount solar panels for the optimum power output. Opel also designs infrared sensor type products for military and industrial applications.

A leader in gallium arsenide and solar photovoltaic technology, the Company has been awarded 31 patents and has 15 more patents pending. OPEL's common shares trade on the TSX Venture Exchange under the symbol "OPL". For more information about OPEL, please visit the Company's website at www.opelinc.com.

Dated: November 25, 2008

ON BEHALF OF THE BOARD OF DIRECTORS

Michel Lafrance, Secretary

Investors are cautioned that except for statements of historical facts, certain statements contained in this news release may include forward-looking information with respect to the Company. Such forward-looking statements or information are based on current expectations, estimates and projections formulated using assumptions currently believed to be reasonable and involving a number of risks and uncertainties which could cause actual results to differ materially from those anticipated. The Company does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

The TSXV has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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