SOURCE: Kender Energy, Inc

December 12, 2008 11:50 ET

Kender Energy Inc. (Pinksheets: KNDR) Announces the Completion of Its Merger Process

GENEVA, SWITZERLAND--(Marketwire - December 12, 2008) -


Kender Energy Inc. (Pinksheets: KNDR), formerly known as 3P Networks, Inc. announces the completion of its merger process and its ticker and name change. The new company name will become "Kender Energy Inc." and its new ticker will be "KNDR".

Kender Energy is a development phase company active in the field of solar energy. Its present prototypes of solar panel 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 sun 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. The company Website is www.kendersolar.com.

In parallel, Kender Energy plans to begin to implement a long term new investor communications and awareness program over the coming weeks designed to build a larger audience around the Company's stock. The Company feels strongly that it is at the threshold of significant business developments, and that its KNDR stock is a tremendous value-based investment that most investors are unaware of currently. Kender Energy feels that its stock will be particularly attractive to those investors seeking to capitalize on the surging sectors of solar energy. In addition to implementing this wide scale awareness program, Kender Energy has a series of significant announcements that it will be releasing over the coming weeks. "The investment community can expect several noteworthy news releases" added CEO Sean Kelly.

About Kender Energy Inc.:

Kender Energy Ltd ("Kender") is a publicly traded company listed on the Pink Sheets under the symbol KNDR. Kender is an alternative energy company, developing and soon commercializing energy producing devices, stemming from renewable sources. Its main product is a helium closed-circuit solar panel. This system produces electricity, by extracting the thermal energy from the surrounding air and, as a result, the system only releases cold air at the end of the process. The early applications for Kender's technology are energy production for homes, buildings and to create a supply for the electric networks. The company's 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.

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.


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