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Re: QuickTrade post# 16

Thursday, 04/12/2007 11:36:59 AM

Thursday, April 12, 2007 11:36:59 AM

Post# of 43
Open Energy Corp (OEGY.OB) Solar roofing tiles

At January 31, 2007, 86,763,887 shares of the registrant's common stock

Open Energy (OEGY.OB) Signs Marketing and Distribution Agreement With Eagle Roofing Products

Relationship Includes National Sales Network and Manufacturing of Proprietary Transition Tiles

SOLANA BEACH, CA, Apr 12, 2007 (MARKET WIRE via COMTEX) -- Open Energy Corp. (OTCBB: OEGY) today 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.

David Field, Senior Vice President Sales and Marketing of Open Energy, stated, "This agreement with Eagle marks a fundamental next step in our industry. The wide spread adoption of safe, secure, emissions free solar power will only occur if we make it easy and affordable for the building trades to incorporate photovoltaics in all new construction, as well as for homeowners to retrofit solar panels on their existing roofs. The Open Energy and Eagle Roofing alliance represents the most aggressive and dynamic teaming arrangement in the building-integrated photovoltaic industry and will lead our efforts to help our nation meet its renewable energy objectives."

Seamus Burlingame, COO of Eagle Roofing Products, added, "Our Company has been tremendously successful in producing beautiful, long lasting, and environmentally friendly products to meet the unprecedented demand for concrete tiles. This marketing, sales and distribution agreement with Open Energy is further indication of our continued commitment to bringing quality roofing solutions to our customers and their customers. We will work with our new partner to train our network of builders and contractors, with the goal of bringing solar systems to thousands of homes across the country."




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