SOURCE: Kender Energy Inc.

September 08, 2009 09:30 ET

Kender Energy Forging Ahead With Inversiones Dagosa

GENEVA--(Marketwire - September 8, 2009) - Kender Energy, Inc. (PINKSHEETS: KNDR) is pleased to announce that it is continuing to forge ahead with its agreement with Inversiones Dagosa, a leading alternative energy producer.

According to the agreement, Kender Energy grants an exclusive marketing license for a period of 20 years for the solar energy plants in Spain and Mexico to produce clean energy.

"The financial benefits of this major milestone agreement will be significant and enable the creation of shareholder value in the near and long term," said Mr. Sean Kelly, President of Kender Energy Inc. "This important multi-year agreement leads the way to many other agreements of this magnitude and assures our financial success."

About Kender Energy Inc.:

Kender Energy Inc. (PINKSHEETS: KNDR) 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:

Certain Statements in this press release constitute "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, performances or achievements expressed or implied by such forward-looking statements. The forward-looking statements are subject to risks and uncertainties including, without limitation, changes in levels of competition, possible loss of customers, and the company's ability to attract and retain key personnel.

Contact Information