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Friday, June 05, 2009 3:50:41 PM
June 1, 2009 - 8:01 AM EDT
Sunrise Consulting Group Inc. Close to a Major Acquisition and Intends to Form a New Subsidiary "United Power Solar"
Sunrise Consulting Group Inc. Close to a Major Acquisition and Intends to Form a New Subsidiary "United Power Solar"
NEWPORT BEACH, CA -- (Marketwire) -- 06/01/09 -- Sunrise Consulting Group, Inc. (PINKSHEETS: SNRS), announced today that they are still exploring possibilities with China-based solar panel manufacturer "Sunrise Solar Tech." The company also believes that they will be able to announce a major acquisition of a U.S.-based solar company within 2 weeks. The company is still exploring partnerships through joint ventures and/or strategic alliances with U.S.-based solar companies.
Sunrise also announced today that they intend to launch a new wholly owned subsidiary within the next few months, and that they have been negotiating a consultancy contract with someone with vast experience in the solar industry.
The new subsidiary will be named United Power Solar, and will be a U.S. corporation which will focus its energy on obtaining a sizeable portion of the U.S. market share for residential solar systems.
Sunrise will be looking for new management with experience in the solar industry. There was a management change a few months ago, and those changes are now finally being updated on all of the reporting sites.
Interim CEO Alan Rothman commented, "We are excited to announce these developments and we are very pleased with the company's direction. We believe that the establishment of this new subsidiary in conjunction with a new seasoned management team will catapult the company's chance for success."
ABOUT SUNRISE CONSULTING GROUP, INC.
Sunrise Consulting Group's mission is to get involved in the Solar Industry in the fastest and most productive and profitable way possible.
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