SOURCE: Sunrise Consulting Group, Inc

May 24, 2011 10:40 ET

Sunrise Consulting Group, Inc. Company Reviews Multi-Million Dollar Term Sheet

NEWPORT BEACH, CA--(Marketwire - May 24, 2011) - Sunrise Consulting Group, Inc. (PINKSHEETS: SNRS) announced today that the company is currently reviewing a term sheet worth $300 million dollars that will span over the course of six years. This multi-million dollar agreement will be paramount in the company's quest to solidify its position as an industry leader in portable solar related products and other solar related products. The company is currently reviewing the term sheet and plans to disclose further details to its shareholders no later than Friday, May 27, 2011.

The company also announced that it is currently in the process of relocating to a new location that will accommodate the staffing requirements for its highly anticipated growth. Management is currently exploring several locations for its corporate operations and is strongly considering the option of occupying the entire second floor of its warehouse and distribution center located in City of Industry, Ca. The advantage of having its corporate office and warehouse in one central location will add an extra layer of efficiency that will prove to increase the bottom line when the company releases its quarterly earnings report. The company expects to make an announcement on the final location in the days to come. Other possible locations include Newport Beach, Santa Ana, and Irvine, Ca.


Sunrise Consulting Group's mission is to get involved in the Solar Industry in the fastest and most productive and profitable way possible. Sunrise Consulting intends to continue to expand and diversify by building upon and adding to its current holdings and continually expanding its portfolio into related areas. For more information email or go to the website

Safe Harbor Statement: This release contains forward-looking statements with respect to the results of operations and business of Sunrise Consulting Group, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. 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" provision of the Private Securities Litigation Reform Act of 1995.

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