SOURCE: IO Circuit

May 25, 2007 06:30 ET Open Energy Subsidiary Connects With Leading Environmental Solutions Provider in Japan

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

LAKE HARMONY, PA--(Marketwire - May 25, 2007) - Open Energy Corporation (OTCBB: OEGY) looks to harness the power of the sun through development and commercialization of renewable energy systems. Its vision is to generate outstanding value for its shareholders, while contributing to the energy security, the conservation of natural resources, and the reduction of green house gas emission. This week Open Energy announced that its subsidiary, WaterEye, has licensed its software to Kobelco Eco-Maintenance Company. Kobelco will use this software to monitor and display operating parameters at its water and wastewater treatment and processing systems. David Saltman, CEO of Open Energy, added, "WaterEye is gaining significant traction in the industry and our relationship with Kobelco demonstrates the international opportunities that exist for the system. The secure, real-time monitoring of water and wastewater treatment facilities is of significant importance to industry, to local municipalities and, potentially, to national security. Keeping our drinking water safe should be a national priority, and we believe we can contribute to this initiative."

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