SOURCE: Kender Energy Inc.

October 13, 2009 16:32 ET

Kender Energy Inks Deal With Oregon Based Distributor

GENEVA--(Marketwire - October 13, 2009) - Kender Energy Inc. (PINKSHEETS: KNDR) today announced that it has signed a distribution agreement with Divergent Solar, a Portland based Distributor of Solar Technology.

The State of Oregon is one of the most proactive States with several tax incentive programs which are available for individuals, businesses and governments. According to House Bill 2620, government entities are required to spend 1.5% of total contract for renovation improvements and new constructions on solar energy technology. Many companies have begun to contribute to the reduction in green house gases such as Kohl's Department Stores, whose Oregon stores solar panel installations provides 900 kilowatts of power and produces 1 million kilowatt-hours of energy per year. The reduction in green house gases from those solar installations is the equivalent of taking 1,255 cars off the road each year and produces enough energy to power 1,682 households in Oregon annually.

"The Beaver State is truly unique in its very progressive approach to environmentally friendly technology such as Kender's solar engine," said Sean Kelly, President & CEO, Kender Energy Inc. "Our product's features have sparked tremendous interest and we believe that it will become the preferred solution in the very near future," 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

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