Solar America Moves Corporate Office to Gulfport, Mississippi
Eyes State Tax Incentives
GULFPORT, Miss.--(BUSINESS WIRE)-- Solar America Corp. (OTCQB: SOLX) announced today that it has completed the relocation of its corporate offices to Gulfport, Mississippi. While the move to Gulfport places the corporate office closer in proximity to the company's Solar N Stuff retail operation in Covington, Louisiana, the principal driver of the relocation was to take advantage of forthcoming state tax credits for solar installations that could be as high as 50%, instantly making Mississippi one of the most affordable states in the country to install both residential and commercial solar energy systems.
"We're excited about the opportunity to be one of the first solar companies on the ground in Mississippi," stated Robert Bludorn, Chairman and CEO. "The combination of our cutting edge solar technologies with our advantage of being headquartered in Mississippi will provide a unique opportunity to be a major player in Mississippi's evolving solar market. We are very excited about the opportunity to showcase our solar products, including the Solar Power Station, to the residents and businesses of Missisippi."
The Solar Power Station, which is designed to work with existing products from major solar industry players including SunPower Corp. (NAS: SPWR) , LDK Solar Co., Ltd. (NYS: LDK) and Yingli Green Energy Holding Co. Ltd. (NYS: YGE) is intended to bring a new level of solar product integration previously unavailable to the average homeowner or small business owner.
About Solar America Corporation
Solar America Corporation intends to commercialize and distribute innovative solar energy products and solutions. Solar America intends to capitalize on its position in the alternative energy sector to develop cutting-edge solar technologies. Solar America common stock is traded under the symbol SOLX. For more information please visit www.solaramericacorp.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Solar America Corporation
Robert Bludorn, 337-214-0097
KEYWORDS: United States North America Mississippi
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