OPEL International Inc.
TSX VENTURE : OPL

OPEL International Inc.

July 03, 2008 14:12 ET

OPEL International Awarded an Initial Order for its MK-I Concentrating High Efficiency Solar Module System in South Korea for Power Grid Fields

SHELTON, CONNECTICUT and TORONTO, ONTARIO--(Marketwire - July 3, 2008) - OPEL International (TSX VENTURE:OPL) ("OPEL" or "the Company"), a leading global developer and supplier of concentrating photovoltaic panels (CPVs) and turnkey systems, today announced that it was awarded an initial trial order from Dass Tech Co. Ltd., and Taiho Solar Co., Ltd. of South Korea, leading developers and manufacturers of high efficiency solar inverters that are deployed in South Korea, Eastern Asia and Europe.

This 10kW order is for the initial phase of planned solar power grid field deployments in South Korea that are currently expected to exceed 10MW. Further out, Dass Tech and Taiho Solar are planning solar grid field deployments in their other existing markets in Asia and Europe. Dass Tech is fully certified to both ISO9001 and ISO14001 Quality standards.

"Opel is honored to be selected by Dass Tech and Taiho Solar following their extensive review and onsite meetings at Opel. This entry into the Korean market represents a significant step forward for Opel into the new, emerging Asian market for solar grid fields," said Watson S. Coverdale, Opel executive in charge of Asia. "Not only are we promoting climate change in response to global warming, but together with Dass Tech and Taiho Solar, we are a catalyst for a reduction in Asia of oil dependence."

"We're very pleased to be involved with Opel and their MK-I CPV product, which will work seamlessly with our inverter and the tracker systems from our Korean partners. This represents the next step in our vision for Dass Tech and Taiho Solar in the South Korean marketplace, to be followed by expansion in our other Asian and European markets," said Higon Lee, President of Taiho Solar and Man-Hee Kum, President of Dass Tech.

About OPEL International

With operations headquartered in Shelton, CT and Toronto Ontario, Canada, OPEL designs, manufactures and markets innovative, state-of-the-art solar technology products designed to convert solar energy into electricity - at the least possible cost and greatest efficiency. The Company's products are based on technology developed in cooperation with the University of Connecticut (Storrs, CT) and the Canadian National Research Centre (Ottawa, ON). A leader in gallium arsenide and solar photovoltaic technology, the Company has been awarded 23 patents and has 23 more patents pending. OPEL's common shares trade on the TSX Venture Exchange under the symbol "OPL". For more information about OPEL, please visit the Company's website at www.opelinc.com.

Dated: July 3, 2008

ON BEHALF OF THE BOARD OF DIRECTORS

Michel Lafrance, Secretary

Investors are cautioned that except for statements of historical facts, certain statements contained in this news release may include forward-looking information with respect to the Company. Such forward-looking statements or information are based on current expectations, estimates and projections formulated using assumptions currently believed to be reasonable and involving a number of risks and uncertainties which could cause actual results to differ materially from those anticipated. The Company does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

The TSXV has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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