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Pursol Signs Major Manufacturing Agreements with Fort Peck Tribes

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SAN DIEGO, Calif. (SEND2PRESS NEWSWIRE) -- Pursol Solar Systems today announces the signing of an agreement with the Fort Peck Indian Tribes of Poplar, Montana for the development of its solar manufacturing plant in its Reservation. The agreements would create 350 jobs for the local community. Expected gross revenue from the solar manufacturing plant will exceed $200 M annually and will provide a boost to the local economy. At full capacity, the plant will generate 100 MW of solar panels providing much needed supply to the Pursol Solar team. Pursol Solar Systems also has plans to develop a 100 MW solar power plant on the Fort Peck Indian Tribes Reservation that will tie into the electricity grid.

"We are excited about the opportunity to team with the Fort Peck Tribes. From the onset, our goal was to create a model that will provide jobs, help boost the local economy and develop a revenue stream for both the Fort Peck Tribes and Pursol Solar Systems. This is truly a win-win situation that I am honored to be a part of," says Vince Aguon, President and CEO of Pursol Solar Systems.

"I am proud of the efforts we have all made to breathe life into ASD and once again provide quality employment opportunities for the members. This is just the beginning for us. We are working to include more manufacturing opportunities and other green energy projects. I would also like to thank the State of Montana for assisting us with the needed funds to retrofit the ASD building to be ready for Pursol," said A T Stafne - A&S Tribal Chairman.

"We are very pleased to announce a Teaming Agreement between A&S Diversified and Pursol Solar Systems," stated Chuck Garfield-A&S Diversified's CEO. "With this agreement in place, both ASD and Pursol will bring in much needed jobs and revenue to a struggling economy here in Northeast Montana. Here on the Fort Peck Reservation, we will have the opportunity, and the first to provide green jobs to our young people of this generation throughout the communities."

"A&S Diversified captured Pursol Solar Systems because of the opportunity of advancements in current technology, as well as turning the tides towards energy efficiency and economic growth."

"This is great news for Montana's growing clean and green energy sector, creating hundreds of good paying jobs for the Ft. Peck Tribes," said Governor Schweitzer. "With our skilled workforce and business friendly environment, it is no surprise that this national company chose Montana. This project exemplifies what the Recovery Act was all about - developing green energy manufacturing and creating 350 jobs. Funds from the American Recovery and Reinvestment Act will be used to upgrade the existing facility in preparation for the manufacturing of these solar panels."

About the Fort Peck Tribes Assiniboine: Sioux

The Tribal Executive Board (TEB), comprised of fifteen enrolled members of the Fort Peck Tribes, is the governing body of the reservation. The TEB is comprised of a Chairman, Vice-Chairman, Sergeant-at-Arms, and twelve voting members. All members of the governing body are elected at large every two years. The Fort Peck Reservation homelands are located in the northeast corner of Montana. There are an estimated 11,786 enrolled tribal members, of whom approximately 6,000 reside on or near the Reservation.

About Pursol Solar Systems

Based in San Diego, California, Pursol is a leading developer of solar energy solutions for both industrial and residential applications. With services ranging from large scale power plants and public sector projects to turn-key residential applications, Pursol and its partners work closely with select manufacturers of solar technology to provide consumers and businesses with products unsurpassed for quality and reliability. Pursol's current expansion plans include a newly built manufacturing facility in Montana and a planned 100-megawatt solar power plant for that state.

More information: www.pursolsolar.com .

For media inquires or investor relations please contact Vince Aguon, info@Pursolsolar.com or call 619.651.8620.

All trademarks and service marks are the property of the respective parties.

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REFERENCES: Fort Peck Tribes, Pursol Solar Systems, Pursol Solar Systems, Fort Peck Tribes Assiniboine Sioux, CEO Vince Aguon, Montana clean and green energy sector, large scale power plants, solar technology, CEO Chuck Garfield, Governor Schweitzer, ASD, AS Diversified, solar panels, S-IND, news, press release from Pursol Solar Systems, Jun 24, 2009, Energy, Oil, Gas and Solar, , , , , Pursol Signs Major Manufacturing Agreements with Fort Peck Tribes