SOURCE: IO Circuit

June 12, 2007 06:30 ET

Investment News Alerts: Picks for Tuesday, June 12 -- Summer's Hottest Stocks!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO Circuit.

LAKE HARMONY, PA--(Marketwire - June 12, 2007) - Open Energy Corp. (OTCBB: OEGY) looks to harness the power of the sun through development and commercialization of renewable energy systems. This week, Open Energy announced that its management team has undergone some restructuring. A new CFO has come aboard, and several key members received promotions. David Saltman, CEO of Open Energy, explained the management realignment: "Our strategy is to leverage our proprietary building-integrated photovoltaic products in order to drive our solutions business. We need a senior leadership team capable of managing dramatic growth within a rapidly evolving business environment. Aidan Shields is the former CFO of the Outlet Division of Gap, Inc., and was senior director of financial planning and controller of the seven billion dollar Old Navy division. He has a deep understanding of financial planning and analysis, business development, corporate governance and SEC compliance, and we are thrilled that he is joining our senior management team." Mr. Shields began his professional career with KPMG and is a qualified Chartered Accountant.

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Other active stocks RCN Corp. (NASDAQ: RCNI), Delta Petroleum Corporation (NASDAQ: DPTR) and Big 5 Sporting Goods Corporation (NASDAQ: BGFV).

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