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Solar Energy Initiatives, Inc. Retains Alliance Advisors, LLC to Implement Investor Relations Program

^{Published on 2009-01-22 05:47:52, Last Modified on 2009-01-22 05:48:55 - Market Wire}
 

PONTE VEDRA BEACH, Fla.--([ BUSINESS WIRE ])--Solar Energy Initiatives, Inc (OTCBB:SNRY), a publicly traded company, dedicated to reducing the world's dependence on fossil fuels by selling solar thermal and photovoltaic (PV) technologies primarily via its website [ www.solarenergy.com ] and its growing dealer network, announced today it has retained Alliance Advisors, LLC as the Company's investor relations firm.

The customized investor relations plan will include the proper positioning of Solar Energy Initiatives' corporate message, development of all investor related materials, such as press releases, corporate profiles and presentation materials, as well as building long-term investor relationships with key members of the professional investment community.

"Following a diligent selection process, we have selected Alliance Advisors to serve as our liaison to the investment community. We are confident that their market expertise will assist us in successfully communicating our business strategy and operational goals to Wall Street," said Mr. Greg Bakeman, COO and CFO of Solar Energy Initiatives. "Alliance Advisors is well-respected and has an outstanding track record working with key institutional investors."

Alliance Advisors will also provide the Company with premier information resources to institutional investors, hedge funds, independent portfolio managers, buy-side and sell-side analysts, small to large retail brokerage firms.

"With global demand for energy escalating, and President Obama's economic plan, stating that the U.S. government will invest $150 billion in alternative fuels and renewable energy, Alliance Advisors expects there will be an increase in investor interest for renewable energy related public companies," stated Alan Sheinwald, President of Alliance Advisors. "Alliance Advisors will provide Solar Energy Initiatives with in-depth knowledge of the capital markets and the investment community sentiment while they access the best solar opportunities available in the renewable energy industry."

About Alliance Advisors, LLC

Alliance Advisors, LLC is a focused and dedicated organization that acts as a premier informational resource for institutional investors, hedge funds, buy and sell-side analysts, small to large brokerage firms and accredited investors. Alliance Advisors helps their clients' companies package their corporate information in a clear, concise and consistent manner while facilitating introductions to the right investor(s) at the most opportune time.

About Solar Energy Initiatives

Solar Energy Initiatives, Inc. ([ www.SolarEnergy.com ]) is dedicated to reducing the world's dependence on fossil fuels by selling solar thermal and photovoltaic (PV) technologies, while building a profitable company. We are executing on a three pronged approach to achieve our plan. This includes: continuing development of the fastest growing dealer network in the U.S. that sells and installs solar solutions to homeowners and commercial customers; placing solar systems on large commercial buildings and selling the energy output to the owner/occupant(s); and becoming a developer of solar parks bringing together landowners, utilities and our corporate resources to build large photovoltaic installations.

Matters discussed in this press release contain forward looking statements as defined under the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward looking statements involve risk and uncertainties, which could significantly impact the actual results, performance or achievements of the Company. Such risks and uncertainties include, but are not limited to: the time frame for production of revenue; product development and commercial introduction; the impact of rapid price and technological change and competition; manufacturing and supply uncertainties; and other risks as may be detailed from time to time in the Company's periodic reports filed with the Securities & Exchange Commission.