GENEVA, Switzerland, March 31, 2009 (GLOBE NEWSWIRE) -- Kender Energy Inc. (Pink Sheets:KNDR) announces the signing of its first letters with distributors for the Kender solar panels. Following the recent launch of the Kender Solar marketing plan, the Company has had a successful beginning of campaign with rapid response from its distribution network.
Kender Energy Inc. has recently released its marketing plan for distributing and selling its Kender solar panels. "The early results of this campaign were quite successful and the rate of response was above expectations," said President and CEO Sean Kelly. Letters of Intent have been received from several industry specialists and solar professionals. The highest level of response has been obtained from the United States West Coast. "The California Solar Initiative is definitely a driver to this recent interest from that part of the world," Sean Kelly added.
Among the countries who have returned the largest number of responses one can find the USA, Canada, Spain, Portugal and Australia. With Kender's marketing plan, the distributors and retailers receive a comprehensive plan on how to work together with Kender Energy Inc. Any potential distributor can subscribe via the Kender Web site and join the application process on the site of Kender Energy Inc. at www.kendersolar.com.
The company has developed a new solar technology, where the thermal and light's energy of the sun are used together to spin helium in a closed circuit. This technology is set to produce substantially more energy than a traditional solar panel. The Kender solar panels are planned to be installed within households, such as traditional solar panels. The video of the first tests of these new solar panels are available on the Website of Kender Energy Inc. at www.kendersolar.com under the "technology" section. The video has also been made available on YouTube (www.youtube.com), where the video can be seen using with the key words "solar" and "helium".
About Kender Energy Inc.:
Kender Energy Inc. (Pink Sheets:KNDR) is a development phase company active in the field of solar energy. Its present prototypes of solar panels are being developed into a full-scale solar energy production system. The particularity of the Kender solar panel system and technology is to allow, via a closed circuit of gas (usually helium), to create a heat exchange with the sun and the air from the environment. The exchange generates the spinning of the helium gas in the closed circuit, propelling a turbine, which produces electricity in a 100% clean and renewable process. The system's main advantages are that it is efficient, cheap in production, and modular. The company is based near Geneva, Switzerland. Its Website is www.kendersolar.com.
Safe Harbor Statement :
Certain Statements in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. The forward-looking statements are subject to risks and uncertainties including, without limitation, changes in levels of competition, possible loss of customers, and the company's ability to attract and retain key personnel.