Wednesday, April 18, 2007

Open Energy Signs Marketing and Distribution Agreement With Eagle Roofing Products

Roofing: Building-integrated photovoltaic solar solutions

Open Energy Corp. (OTCBB: OEGY) announced a Joint Marketing and Distribution Agreement with Eagle Roofing Products (Eagle), one of the nation's largest manufacturers of concrete roof tiles. The two companies will work together to supply the rapidly growing market for building-integrated photovoltaic solar solutions. The goal of the joint approach of the companies is to train and equip professional roofers as installers of Open Energy's photovoltaic systems.

The two companies collaborated on the development of solar tiles which match the colors of Eagle's three most popular concrete tiles: slate grey, terracotta red, and earthen brown. Additionally, Open Energy and Eagle Roofing have jointly filed for patents on transitional tiles that will interface their flat solar tiles with the Capistrano (curved "S" or barrel) tiles used by many homebuilders. Under the terms of the agreement, Eagle will produce these transitional concrete tiles in their manufacturing plants.

See the press release for more information.

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