SOURCE: SolarBrook Water & Power Corp

October 01, 2010 10:29 ET

Solarbrook Water & Power Corporation Monthly Update by George Moore and Updates on Previous Quarter's Developments

CARY, NC--(Marketwire - October 1, 2010) -  Solarbrook Water and Power Corporation (PINKSHEETS: SLRW) provides an update today on its key developments over the last quarter, also discusses future developments between now and the end of 2010.

During the month of September, Solarbrook completed the retirement of 97 million shares of common stock in an effort to reduce the outstanding shares and increase shareholder value. The company expects to continue these efforts and plans to announce further share retirements in the near future.

Marketing efforts for Solarbrook's HydroFlo Water Treatment systems have been very productive and have yielded positive results over the last quarter. The company has had successful meetings with several municipalities and industrial customers which are expected to result in significant sales and revenues. A purchase order for a new system in Wake County, NC has already been received as well as an order to upgrade an existing HydroFlo system.

On September 22nd, Solarbrook signed a marketing agreement with industry leader, Matheson Tri-Gas. In the short time since then, Solarbrook sales associates have visited oil industry companies in need of odor control, cooling tower, and aeration systems. Proposals for these new projects have been submitted and many more are being put together.

Overall the company's sales team has experienced a significant increase in activity which has resulted in a much greater number of proposals for new business, specifically in the areas of aeration, odor control, and cooling tower systems. This increase in sales brought considerable growth to the company's core business and has expanded its base over the last quarter.

In the previous months, Solarbrook has made large strides in increasing its public awareness. Trading volume in the company's stock has increased by nearly 800% in the third quarter of 2010 over the previous quarter growing from about 400,000 shares traded daily to over 3.6 million shares.

"Our company has made some very significant strides on every level in the past months and in particular in the last quarter," stated George Moore, CEO of Solarbrook Water and Power Corporation. "Sales have been increasing at a healthy pace this entire year to date and now our marketing agreement with such a high profile company as Matheson Tri-Gas should propel Solarbrook to a whole new level." Mr. Moore continued, "The moves we have made have positioned us for sustained growth in the coming months and well into next year. I hope to make many more key announcements regarding our continued progress very soon."

About Solarbrook Water and Power Corporation

SolarBrook Water and Power Corporation, headquartered in Raleigh, North Carolina, maintains' a core focus of seeking out synergistic acquisitions that will provide capital appreciation and income for its portfolio companies. The mission of Solarbrook is to acquire and develop innovative technologies and businesses that will improve the quality of water throughout the world by means of detection, treatment and removal of contaminants. Solarbrook also seeks to provide integrated clean power alternatives for remote and off-grid systems, further expanding market potential. For more information, please visit www.solarbrookwaterandpower.com

Forward-Looking Statements

Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

Contact Information