Sunworks and Auric Solar Partner to Better Serve California’s Central Valley

Partnership combines strengths of Sunworks’ fulfillment operations with Auric’s sales team

ROSEVILLE, Calif., Jan. 12, 2018 (GLOBE NEWSWIRE) -- Sunworks, Inc. (Nasdaq:SUNW), a premier provider of high performance solar power solutions for agriculture, commercial, industrial (ACI), public works and residential markets, today announced a partnership with Auric Solar, a full-service provider of residential and commercial solar power, with offices in Colorado, Idaho, Oregon and Utah.

The new partnership combines Auric’s established and seasoned sales force with Sunworks’ robust, full-service fulfillment and installation operations to create an end-to-end delivery process that begins with sales origination and ends with turnkey solar installations. Under the terms of the agreement, Sunworks will provide project fulfillment to accounts sold by Auric’s well-respected sales organization.  

“This partnership with Auric enables us to extend sales execution to the central valley of California, an underserved market with significant growth opportunities by leveraging the strengths of each of our organizations,” said Chuck Cargile, Sunworks’ chief executive officer. “With Sunworks’ unequalled track record of quality installations and our shared vision to provide exceptional customer service every step of the way, we are creating a united and consistent sales and delivery approach that will benefit our customers and extend the opportunities for each of our companies.”

Cargile added that “the partnership in the central valley is only the beginning of our relationship. We anticipate expanding this venture to target additional markets in California.”  

Auric Solar CEO Jess Phillips said the partnership was a natural fit because the two companies share a commitment to outstanding customer service.

“We are continuing to grow and thrive throughout the west,” Auric Solar CEO Jess Phillips said. “Partnering with a recognized leader like Sunworks will help us continue stabilized and responsible growth. We look forward to this new partnership as we share the same core values that focus on a quality customer experience.”

About Auric Solar

Auric Solar is a full-service provider of residential and commercial solar power, with offices in Colorado, Idaho, Oregon and Utah. The company is committed to providing home and business owners with an easy way to be powered by affordable, clean and reliable solar power. Founded in 2010 in a South Jordan, Utah, garage, Auric is now one of the fastest growing companies in the nation, with recognition on three consecutive Inc. 5000 lists. As the most positively ranked solar company in the nation on, Auric Solar was built on a foundation of providing exceptional customer service every step of the way — even after installation. 

About Sunworks, Inc.

Sunworks, Inc. (NASDAQ:SUNW) is a premier provider of high performance solar power systems. We are committed to quality business practices that exceed industry standards and uphold our ideals of ethics and safety.

Sunworks continues to grow its presence, expanding nationally with regional and local offices. We strive to consistently deliver high quality, performance oriented solutions for customers in a wide range of industries including agricultural, commercial and industrial, federal, public works, and residential.

Our dedication to excellence is reflected in our 25-year warranty, a benchmark that we stand by to support our customers above and beyond their expectations.

Sunworks’ diverse, seasoned workforce includes distinguished veterans who bring a sense of pride, discipline, and professionalism to their interaction with customers.

All of our employees uphold our company’s guiding principles each day. Sunworks is a member of the Solar Energy Industries Association (SEIA) and is a proud advocate for the advancement of solar power.

Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These risks include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, products, and prospects for sales, failure to commercialize our technology, failure of technology to perform as expected, failure to earn profit or revenue, higher costs than expected, persistent operating losses, ownership dilution, inability to repay debt, failure of acquired businesses to perform as expected, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. 

Investor Relations Contact:

Rob Fink
Hayden  IR