SOURCE: e5 Clean Energy

April 28, 2008 17:35 ET

e5 Clean Energy Names Ronald Means New CEO in Support of Rapid Expansion Into Commercial and Waste Management Sectors

New Chief Executive Announces Initiative to Offer California Firm's Integrated Solar Solutions to Thousands of Commercial Customers

AGOURA HILLS, CA--(Marketwire - April 28, 2008) - e5 Clean Energy, a premier provider of commercial solar energy solutions, is pleased to announce the appointment of Ronald Means as Chief Executive Officer, succeeding Christopher McArthur, who will continue to serve as Chairman of the Board. As part of the announcement, Mr. Means announced a new strategic plan to aggressively expand the firm's integrated solar solutions into a variety of commercial markets, including industrial, manufacturing, distribution, agricultural and waste industries.

"This is an exciting time to take a leadership role in the renewable energy industry," Mr. Means commented. "The integrated approach that is unique to e5 Clean Energy's commercial solutions is quickly becoming the gold standard for organizations dedicated to maximizing the benefits of a solar electric system to its full potential. By eliminating all upfront capital costs and providing a customized solar energy solution for each customer, there are very few businesses today that wouldn't greatly benefit, completely without risk, from an e5 Clean Energy solution."

Mr. Means previously served in a variety of executive positions in the electronics industry, including professional audio giant JBL, a Harman International Company. During his tenure as president, Mr. Means obtained record-breaking revenues and profit levels and created a dominant market share in each of the company's business segments.

"We are excited to bring such an experienced and innovative person on board at e5," said Chris McArthur, Chairman of the Board at e5 Clean Energy. "Ronald brings a strong commitment to sustainable technology and we are confident he will provide great leadership and success to our team."

In addition to overseeing strategic planning, financing, operational execution and accountability to e5 Clean Energy shareholders, Mr. Means stated his overarching goal is to ensure that the firm's renewable energy programs become the "top of mind" solution for organizations dedicated to reducing energy costs, securing affordable and renewable energy into the future and reducing greenhouse gas emissions.

"Through the use of a Power Purchase Agreement (PPA), we eliminate the need for our customers to allocate core business capital to buy and maintain their own solar renewable power system," Mr. Means said. "Furthermore, we act as a second power company reducing the operational risks of 'brown outs' from utility companies and most importantly, save them money on their energy bill. The result is that we provide our clients with a hedge against rising electric utility rates while reducing their carbon footprint and empowering them to take control of their energy future."

Throughout his career, he has served on boards for a number of corporations as well as several trade and industry organizations.

Why the e5 Clean Energy Approach to Solar is Unique:

e5 Clean Energy is in the business of selling clean power, not solar systems. e5 Clean Energy designs, installs, and maintains customized solar energy systems for their clean energy clients to provide them with an additional source of power at a competitive and predicable price. An e5 customer pays only for the power generated from the solar system through a Power Purchase Agreement (PPA), and saves money over the course of the contract by locking in their cost of power.

About e5 Clean Energy

e5 Clean Energy is committed to a cleaner environment through the vision of a more efficient, distributed, and competitive renewable energy infrastructure. e5 supplies dependable and economically viable renewable solar power using sustainable technologies. They are able to deliver clean, reliable solar power at competitive rates, save their customers money, and serve as a company's local clean power company.

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