OPEL Solar International Inc.
TSX VENTURE : OPL

OPEL Solar International Inc.

February 17, 2011 15:15 ET

OPEL Solar International Inc. Designated a Member of the 2011 TSX Venture 50

Company Honored by TSX Venture Exchange

SHELTON, CONNECTICUT and TORONTO, ONTARIO--(Marketwire - Feb. 17, 2011) - OPEL Solar International Inc. ("OPEL Solar") (TSX VENTURE:OPL), a leading global developer and supplier of high concentration photovoltaic ("HCPV") solar panels and other solar products, including ground-based and rooftop tracker systems, announced that it has been selected a member of the "2011 TSX Venture 50", a ranking of strong performing companies listed on TSX Venture Exchange.

The 2011 TSX Venture 50 is comprised of ten companies from each of five sectors: Clean Technology, Mining, Oil & Gas, Diversified Industries, and Technology & Life Sciences. The 50 companies were chosen based on the following criteria, with equal weighting assigned to each: share price appreciation, trading volume, market capitalization growth and analyst coverage.

"Each company is a rising star of Canada's capital markets, and we're thrilled to recognize this achievement," said John McCoach, President, TSX Venture Exchange.

"As a fast-growing, advanced technology company, OPEL Solar is proud to be a member of this elite group of companies on the TSX Venture Exchange," said Leon M. Pierhal, CEO of OPEL Solar. "Capitalizing on innovation and new market opportunities for solar technology continues to drive our success at OPEL Solar, and we look forward to expanding our offering to additional consumer, commercial and industrial applications."

The award conference will be held on March 31, 2011 at The TMX Broadcast Centre in Toronto, Ontario. Awards will be presented to the Top 50 companies, and brief presentations will be made by representatives from the top company in each sector. The event will also feature a panel of sector analysts to discuss recent industry trends.

About OPEL International and OPEL Solar, Inc.

With operations headquartered in Shelton, CT and the head office in Toronto, Ontario, Canada, the Company, through OPEL Inc., 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, through its affiliate ODIS Inc. (a US Company), 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 33 patents and has 17 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: February 17, 2011

ON BEHALF OF THE BOARD OF DIRECTORS

Michel Lafrance, Secretary

Investors are cautioned that, except for statements of historical fact, 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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information