Evolution Solar Opens Investor Communication Services

July 2, 2008 9:00 AM EDT

GILBERT, Ariz.--(BUSINESS WIRE)--

Evolution Solar Corp (OTC: EVSO) has opened an Investors Services Initiative for public investors and media communications, allowing interested parties to sign up to receive periodic newsletters, reports and submit inquiries directly to the CEO.

"I strongly believe that Active Communication is the shortest distance between two opinions," stated Robert Kaapke, CEO of Evolution Solar. "Opening investors services in-house, as opposed to outsourcing, provides a direct line of communication to and for our investors, vendors, clients, prospects, and constituents."

Leaders in the U.S. solar energy industry blasted the U.S. government on Monday for a freeze on applications for new solar projects on public land in six Western states.

The Bureau of Land Management announced the freeze a month ago, saying it would conduct an extensive study looking at the environmental, social and economic impacts of solar energy development.

Major utilities likes Southern California Edison and PG&E have been signing up for huge solar installations in the hundreds of megawatts. Duke Energy (NYSE: DUK) has proposed to install 20 megawatts of solar distributed generation capacity at a cost of $100 million.

While the federal regulatory environment for solar is far from ideal, Duke's decision to invest in solar is aided by North Carolina's renewable portfolio standard. A similar mechanism is what has driven California to be a leading light in the domestic solar power push, and is also the key reason why companies like First Solar (Nasdaq: FSLR), SunPower (Nasdaq: SPWR), and Trina Solar (NYSE: TSL) have taken a shine to the U.S. market.

About Evolution Solar Corporation

Evolution Solar Corporation, (OTC: EVSO), commercializes leading edge alternative solar energy technologies and related photovoltaic technologies, equipment and next generation appliances. Evolution Solar is an emerging industry leader capitalizing on its understanding of solar technology and supporting the development of alternative energy plans for large corporations and government organizations. Evolution Solar is also an expert consultant agency to organizations in their strategic and procurement plans for alternative energy contracts with public utilities. For more information please visit our homepage at: http://www.evolutionsolar.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

Source: Evolution Solar Corporation

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