OPEL International Inc.
TSX VENTURE : OPL

OPEL International Inc.
OPEL Solar, Inc.

OPEL Solar, Inc.

April 28, 2010 09:30 ET

OPEL Solar, Inc. Expands North American Manufacturing

Supports United States and Canadian Local Content Requirements

SHELTON, CONNECTICUT and TORONTO, ONTARIO--(Marketwire - April 28, 2010) - OPEL International Inc. (TSX VENTURE:OPL) and OPEL Solar, Inc.

OPEL Solar, Inc., a leading global developer and supplier of high concentration photovoltaic ("HCPV") solar panels and other solar products, including ground-based and rooftop tracker systems, today announced it is qualifying a number of manufacturing companies to build its product line in North America. Company officials say the manufacture of its HCPV panels and tracker products, with the support of local industry in the United States and Canada, will not only ensure expeditious and cost-effective delivery of North American orders, but contribute to the growth of jobs and the green economy.

Company officials said that manufacturing in both Canada and the United States exemplifies OPEL Solar's innovative abilities to help its customers apply for the solar incentives available that require Ontario or U.S. job content for some portion of a project. For example, with the Ontario feed-in tariff recently implemented, OPEL Solar is compliant and is ready to start on utility scale projects with primary suppliers aligned.

"The manufacture of OPEL Solar's products in North America creates jobs and brings the 'green economy' to life," said Francisco Middleton, COO of OPEL Solar, Inc. "With so many industries declining recently, solar power represents a bright spot with potential for significant growth for many years to come. OPEL Solar has been responsive to our customers and the solar market by being agile and ready for local content requirements that benefit economies," Middleton added.

"On the 'Greening of North America,' we at OPEL Solar are very happy to work with local suppliers to provide for in-country manufacturing content," said Ed Linke, Director of Mechanical Engineering for OPEL Solar, Inc. "Working with a local company has many advantages, especially for the development and manufacturing of our products. We have challenged each supplier on price, quality, and delivery; and they are meeting that challenge."

OPEL Solar is qualifying U.S. manufacturers in nine states across the country. In Canada, the Company is ready with a number of suppliers in the Toronto area. 

About OPEL Solar, Inc. and OPEL International Inc.

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 commercial application. OPEL's high performance photovoltaic concentrating panels generate up to 40 percent more kilowatt-hours than conventional flat plate silicon or thin film solar panels, resulting in more cost-effective electricity generated from the sun. OPEL also markets a complete line of precision dual and single axis solar trackers to mount solar panels for optimum power output. OPEL also designs infrared sensor type products for military and industrial applications.

A leader in gallium arsenide and solar concentrating photovoltaic technology, the Company has been awarded 32 patents and has 18 more patents pending. OPEL's common shares trade on the TSX Venture Exchange under the symbol "OPL". For more information about OPEL Solar, Inc., please visit the Company's website at www.opelinc.com. OPEL Solar, Inc. is a subsidiary of OPEL International Inc. (TSX VENTURE:OPL).

Dated: April 28, 2010

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.

Contact Information

  • OPEL Solar, Inc.
    Pat V. Agudow
    Vice President, Public Relations
    (203) 612-2366 Ext 2612
    Email: p.agudow@opelinc.com
    or
    WT Blase & Associates, Inc.
    Bill Blase or Stephanie Kuffner
    Media Relations
    (212) 221-1079
    Email: solar@wtblase.com