Energizer® Solar Program Selected by Costco
Strong brand and innovation to fuel growth for ICP Solar
MONTREAL, QUEBEC, CANADA – November 3, 2009 – ICP Solar Technologies Inc. (OTCBB: ICPR.OB, FRANKFURT: K1U.F), a developer and marketer of innovative, proprietary solar panels, solar chargers, energy meters and other solar powered devices, today announced that it has been awarded programs from Costco Canada worth up to $1million, a substantial increase from 2009, indicative of the Company’s expanded product portfolio. Shipments of the solar chargers are expected to begin during the fourth quarter.
“We have a longstanding relationship with Costco and are excited to serve them with our growing product line in 2010,” said Sass Peress, CEO. “This commitment reflects a substantial increase over last year, and Costco has expressed confidence in even greater success than previous years with upcoming Energizer® branded solar chargers. Consumers are looking for strong brands in a market which is becoming more and more educated about quality distinctions when compared to no-name look-alikes. Considering the support that ICP Solar will receive from Energizer® through its own website, and the awareness that the energizersolar.com initiative will bring, we believe this will be the best year ever for this program. With clients such as Costco and others to be announced shortly, ICP Solar is working towards strengthening its distribution partnerships, improving its marketing programs, and ensuring complete customer satisfaction with its industry-leading innovations.”
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