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To: rrufff who wrote (71041)1/29/2008 10:01:25 AM
From: Fruno  Respond to of 120415
 
AMLJ - able to grab some shares this AM. I am surprised I was able to get them so quickly. Have been following this for some time looking for an entry point. Thanks for the heads up (you and Gary).



To: rrufff who wrote (71041)1/29/2008 10:13:30 AM
From: Rock_nj  Read Replies (1) | Respond to of 120415
 
OEGY - Open Energy Corporation is a pennystock I follow that has some good news today about a new purchase order for their solar tile roofing. OEGY has fallen hard over the past 6 months as investors wondered if the company would follow through on their business plan.

Petersen Dean Places $2.3 Million Purchase Order with Open Energy Corporation for 11,880 SolarSave(R) Roofing Tiles
Tuesday January 29, 9:05 am ET

Represents first order under recently executed Distribution Agreement

SOLANA BEACH, Calif.--(BUSINESS WIRE)--Open Energy Corporation (OTCBB: OEGY - News) today announced the receipt of a $2.3 million purchase order for a total of 11,880 SolarSave® PV Tiles and related inverters and other system equipment from Petersen Dean, one of the largest roofing companies in the United States. Terms of the order call for the delivery of 400 kilowatts of solar tiles and related balance of system equipment.

Jim Petersen, CEO of Petersen Dean, stated, “This purchase order represents, what we believe, will be the first of many orders with Open Energy. Our mission is to become a premier supplier of building integrated photoelectric solutions in North America and Open Energy is the perfect partner to enable us to achieve this goal. We believe that home owners will recognize the value of safe, clean, affordable power and we look forward to working with Open Energy to expand this program through the year, as we strive to achieve our goal of installing over 1,200 residential solar rooftops this year.”

David Saltman, Chairman and CEO of Open Energy commented, “We have repositioned our company over the past six months to be able to partner with a proven leader in the roofing industry, such as Petersen Dean. Jim’s team has developed the internal installation and service capabilities to take advantage of the long-term growth expected in the PV business. In addition, they have built their company by providing leading commercial builders, superior service and products and we are pleased they have chosen Open Energy to be one of their partners. Our building integrated products are designed to be installed simultaneous with standard roofing tiles, providing cost savings as well as aesthetic advantages that are superior in our industry.”

biz.yahoo.com