SOURCE: Open Energy Corp.

June 07, 2007 09:00 ET

Open Energy Receives $972,000 Purchase Order From Premier Power for SolarSave® Roofing Membrane System

Project Slated for Luxury Destination Resort in Napa Valley

SOLANA BEACH, CA--(Marketwire - June 7, 2007) - Open Energy Corp. (OTCBB: OEGY) today announced that it has received a purchase order from Premiere Power Renewable Energy, Inc., for a photovoltaic roof valued at $972,000 for installation on the new Bardessono Inn in Napa Valley, California. The property is being built by MTM Management, LLC, one of the leading developers of premier destination resorts in North America.

Mark Bettis, Regional Sales Manager for Open Energy Corporation, said, "The Bardessono Inn project is environmentally inspired, with solar power co-generation, water conservation, on-site composting and minimal solid waste generation. We are proud to participate with Premiere Power and MTM in this exciting project."

Open Energy's SolarSave® commercial product will be integrated with Duro-Last® single-ply roofing membranes for this project. SolarSave® membranes encapsulate high-efficiency polycrystalline cells in advanced composite materials laminated under heat and pressure to create lightweight, waterproof, Class A fire rated, UL certified, aesthetically appealing solar roofing systems. They do not require external racks or framing, roof penetrations, or special structural preparation. As a result, they can be quickly installed, easily maintained, and expanded as the power requirements of the resort changes. Premiere Power anticipates that the project will be installed in November of this year.

"Premier Power Renewable Energy is very excited to be a part of this state-of-the-art building integrated solar project. Bardessono has taken the lead in solar application and innovation," says Dean Marks, president of Premier Power. "With this innovative solar project and its renewable energy leadership Bardessono is showing corporate America that being green is not only good for the environment, but also makes good business sense," stated Dean Marks, president of Premier Power.

According to MTM, the Bardessono vineyard will be home to one of the finest luxury boutique hotels in California's central valley when it opens in the spring of 2008. The design concept is to create a 62-room Inn "by and of the Napa Valley" ... an organic approach representing the true character and materials of the region. A carefully designed mix of public areas and private accommodations, Bardessono Inn will offer an indoor/outdoor lodging experience. Bathrooms and bedrooms will make full use of the natural light available from the individually walled, private courtyards.

About Open Energy (OTCBB: OEGY)

Open Energy Corporation is a renewable energy company focused on the development and commercialization of a portfolio of technologies capable of delivering low-risk, cost-competitive electricity, fresh water and related commodities on a global basis. Open Energy offers building-integrated photovoltaic (PV) roofing materials for commercial, industrial, and residential markets. Marketed under the trade name SolarSave®, the product line includes roofing membranes, roofing tiles, custom architectural PV glass, and balance of systems equipment such as inverters and combiners, and SolarEye™ system monitoring equipment. The company's mission is to enhance life by harnessing the power of the sun. For more information on Open Energy Corporation, visit www.openenergycorp.com.

About Premier Power

Premier Power Renewable Energy, Inc. is a leading global provider of small to large-scale solar power systems, delivering unmatched experience to commercial, agricultural and residential customers. Premier Power is a leading global solar photovoltaic integrator that delivers consistent high quality systems. Dedication to our customers is our highest priority. Our mission is to install one million solar systems and to become a part of the environmental solution while exceeding our customer's expectations. Now, with offices in California, New Jersey, New York and Navarra, Spain, Premier Power continues its explosive expansion seeking to solarize our world. For more information visit: www.premierpower.com.

About MTM Management, LLC

MTM operates the Woodmark Hotel in Kirkland, Washington, the Freestone Inn and Wilson Ranch in Mazama, Washington, Willows Lodge in Woodinville, Washington, the Alderbrook Resort on Washington's Hood Canal and Olympic Peninsula, the Cave B Inn in Quincy, Hotel 1000 in Seattle, The Ivy Hotel in San Diego, a conversion of the Charles Street Jail in Boston to The Liberty Hotel opening in summer 2007, and the Bardessono destination resort hotel opening in Yountville, Napa Valley in the Spring of 2008. For more information visit: http://mtmmanagement.net.

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, the Company's competitive position and other factors over which Open Energy Corporation has little or no control.

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