SOURCE: Kender Energy Inc.

August 20, 2009 09:00 ET

Kender Energy Inc. Retains Annex Investor Relations Services in Preparation of Extending Shareholder Base

GENEVA--(Marketwire - August 20, 2009) - Kender Energy Inc. (PINKSHEETS: KNDR) is pleased to announce that it has signed with Annex Investor Relations Services for ongoing services as it prepares to extend its shareholder base, following the successful completion of its Phase 1 testing on its revolutionary solar power engine.

The new Investor Relations agreement is for 50,000 restricted shares with options to purchase another 10k shares at $0.50, and 10k at $1.00. Contracted services will be based upon an 8 week reoccurring cycle, with ongoing restructured share options.

Toronto-based Annex-IR provides a comprehensive range of Investor Relations services to a growing list of clients in North America and around the globe. Annex delivers expertise and professionalism in such areas as Investor Management; Relationship Building; Awareness Campaigns; Online Presence and Corporate Identity.

Annex-IR strategically manages the responsibility that integrates finance, communication, marketing and securities law compliance to enable the most effective two-way communication between a company, the financial community, and other constituencies, which ultimately contributes to a company's securities achieving fair valuation.

"Adding to our existing Investor Relations team will allow us to deal with the increase in our North American shareholder base," stated Mr. Sean Kelly, President and CEO of Kender Energy Inc. "With the anticipation of increased oil and gas prices, combined with the recent success of our Phase 1 testing, we expect major growth in solar power demand and we must be in a position to effectively communicate our message to new and existing shareholders alike."

To learn more and to subscribe for alerts and current news, visit: www.Annex-IR.com

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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