OPEL International Inc.

OPEL International Inc.
OPEL Solar, Inc.

OPEL Solar, Inc.

May 25, 2010 10:00 ET

OPEL International-Upcoming Shareholders Meeting and Proposed Name Change

SHELTON, CONNECTICUT and TORONTO, ONTARIO--(Marketwire - May 25, 2010) - OPEL International Inc. (TSX VENTURE:OPL) ("OPEL" or "the Company"), a leading global supplier of high concentration photovoltaic ("HCPV") solar products, today announced that proxy materials were mailed to shareholders with respect to the Annual and Special Meeting of shareholders to be held in Toronto on June 18, 2010 (the Meeting"). In addition to the usual matters to be determined at the Meeting, including the appointment of auditors and election of directors, shareholders will be asked to consider a special resolution authorizing, subject to regulatory approval, the change in the name of the Company to OPEL Solar International Inc. As the Company gains market share in the solar energy arena with its advanced solar technologies, the name change reflects better the primary business of the Company and it heightens investor and customer awareness of OPEL's purpose.

Shareholders will also be asked to approve the continuance of the Company from New Brunswick, Canada to Ontario, Canada and ancillary by-law amendments to simplify its administrative and regulatory requirements.

The Directors have approved these proposed changes as they believe they are in the best interests of the shareholders. The proposed name change is also consistent with Management's focus on its efforts to grow the Company to its next level of success, to build on the strong foundation already in place, to provide increased brand recognition and to increase investor awareness, which should eventually yield added shareholder value. The Company's business outlook continues to be extremely positive, and shareholders will be presented with an update on the Company at the Meeting.

About OPEL International and OPEL Solar, Inc.

With OPEL Solar, Inc. operations headquartered in Shelton, CT and the headquarters office in Toronto, Ontario, Canada, OPEL designs, manufactures and markets high performance concentrating photovoltaic ("HCPV") panels to transform solar energy into electricity for worldwide application. OPEL's high performance photovoltaic concentrating panels generate up to 40% more kilowatt-hours than conventional flat plate silicon solar panels, resulting in more cost effective electricity generated from the sun. OPEL also markets a complete line of dual and single axis solar trackers to mount solar panels for the optimum power output. OPEL designs infrared sensor type products for military, consumer, industrial and commercial applications.

A leader in gallium arsenide and solar concentrating photovoltaic technology, the Company has been awarded 32 patents and has 18 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: May 25, 2010


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.

Contact Information

  • OPEL Solar, Inc.
    Pat V. Agudow
    Vice President, Public Relations
    (203) 612-2366 Ext 2612
    WT Blase & Associates Inc.
    Bill Blase or Stephanie Kuffner
    Media Relations
    (212) 221-1079