SOURCE: IO Circuit

May 16, 2007 06:30 ET

LiquidStockReport.com: Open Energy (OTC BB: OEGY) Strengthens Position Through Alliance With Suntech Power

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO Circuit

LAKE HARMONY, PA--(Marketwire - May 16, 2007) - Open Energy Corporation (OTCBB: OEGY) is a renewable energy company, offering solar roofing materials. The company's mission is to enhance life by harnessing the power of the sun. It was announced this week that Open Energy has signed a letter of intent to work with Suntech Power Holdings Co., Ltd. David Saltman, CEO of Open Energy, stated, "This alliance with Suntech is of major strategic importance to our company. Suntech is a high volume manufacturer of quality solar photovoltaic products and in our meetings with its Chairman and CEO, Dr. Zhengrong Shi and Suntech's production and engineering staff, we were convinced that Suntech is the ideal partner to manufacture SolarSave® tiles in China thus enabling us to enhance our sales volumes and margins. This agreement secures our product supply at competitive pricing, and positions Open Energy as an innovative developer and aggressive marketer of solar solutions in North America. In addition, with its acquisition of MSK in Japan, Suntech now has considerable expertise in architectural PV glass, a product set that is gaining traction among developers here in the States as well as deep design support for BIPV projects. We are additionally excited to welcome Suntech as a future strategic core shareholder."

For the complete news story, please visit: http://biz.yahoo.com/iw/070515/0252531.html

For more information on Open Energy, please visit: http://www.LiquidStockReport.com

Other active stocks are Coca-Cola Co. (NYSE: KO), Amazon.com Inc. (NASDAQ: AMZN) and Hansen Natural Corp. (NASDAQ: HANS).

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A Third Party has hired and paid $530.00 for the publication and circulation of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation do no trading of any kind and send No Faxes or emails.

Contact Information