SOURCE: Sunrise Consulting Group, Inc.

May 03, 2010 09:00 ET

Sunrise Consulting Group, Inc. Forms New Wholly Owned Subsidiary "United Power Solar, Inc." With Objective to Penetrate Residential Solar Market

NEWPORT BEACH, CA--(Marketwire - May 3, 2010) -  Sunrise Consulting Group, Inc. (PINKSHEETS: SNRS) announced today that the company has completed the formation of a new wholly owned subsidiary named "United Power Solar, Inc." The company's goal for this new subsidiary will be to focus its energy and resources on capturing a significant portion of the U.S. market share for residential solar systems. 

Sunrise has begun re-negotiations with industry experts, with the sole intent of bringing one of these industry professionals on board as the President of "United Power Solar, Inc." to head up this endeavor. The company is close to finalizing an agreement with a California native who has years of experience in the solar industry.

Interim CEO Alan Rothman commented, "We have been extremely busy behind the scenes, working diligently on putting a number of initiatives in place so that we can come out of the gate at a steady pace. The formation of this new subsidiary 'United Power Solar, Inc.' marks a small but very important step of the company's overall plan. We are excited about the future of Sunrise, and look forward to keeping you abreast as the events unfold."


Sunrise Consulting Group's mission is to get involved in the Solar Industry in the fastest and most productive and profitable way possible.

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Safe Harbor Statement: This release contains forward-looking statements with respect to the results of operations and business of Sunrise Consulting Group, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.

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