SOURCE: Kender Energy Inc.

October 26, 2009 13:30 ET

Kender Energy Considers Dual Listing on a European Exchange

GENEVA--(Marketwire - October 26, 2009) - Kender Energy Inc. (PINKSHEETS: KNDR) today announced that it is reviewing the dual listing of its shares on a European Exchange.

According to the company, the London AIM, the EURONEXT and the Deutsche Boerse are being considered for the dual listings. Specifically the criteria the company is looking for is the ease of entry, cost, and liquidity of each exchange. All factors are being considered in making the final decision.

"The European listing will enable the company to expand its shareholder base as well as provide the company with additional exposure to environmentally friendly investment funds located in Europe," said Sean Kelly, President and CEO of Kender Energy Inc. "We have clearly identified our needs as it pertains to our European exchange and we expect to select the exchange in the coming weeks," further added Mr. Kelly.

About Kender Energy Inc.:

Kender Energy Inc. is a development phase company active in the field of solar energy. Its present prototypes of solar panels are being developed into a full-scale solar energy production system. The particularity of the Kender solar panel system and technology is to allow, via a closed circuit of gas (usually helium), to create a heat exchange with the sunlight and the air from the environment. The exchange generates the spinning of the helium gas in the closed circuit, propelling a turbine, which produces electricity in a 100% clean and renewable process. The system's main advantages are that it is efficient, cheap in production, and modular. The company is based near Geneva, Switzerland. Its Website is www.kendersolar.com.

Safe Harbor Statement

All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.

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