TORONTO, Oct. 9 /CNW/ - SonnenEnergy Corp. ("SonnenEnergy" or "the Company") (TSX-V: PWR), a photovoltaic solar power systems integrator and solar power producer, today announced John Ross has resigned as Chief Financial Officer of SonnenEnergy. The Company is currently in the process of hiring a replacement for Mr. Ross.
SonnenEnergy also announced that, Hans Hager has been reappointed as Geschaftsfuehrer of SonnenEnergie GmbH, SonnenEnergy's wholly-owned German subsidiary. Mr Hager joins John Gamble, Executive Vice-President of Strategic Operations, of SonnenEnergy, and Jeff Dennis, the President and CEO of SonnenEnergy, as Geschaftsfuehrers of SonnenEnergie GmbH. Mr. Hager continues to serve as Chief Operating Officer and a Director of SonnenEnergy.
The Company also announced that the Annual and Special Meeting of SonnenEnergy Corp., which was adjourned on August 26, 2008, has been rescheduled and will now be held on Monday, October 27, 2008 at 4:00 pm (EST) at the law offices of Cassels Brock & Blackwell, located at 40 King Street West, 21st Floor, Scotia Plaza, Toronto, Ontario.
About SonnenEnergy
SonnenEnergy is a solar power systems integrator and solar power producer. The company markets, sells, designs, installs, operates, and maintains grid-connected solar power systems and, since 2004, has installed more than 160 photovoltaic (PV) solar power systems for commercial and residential customers. The company also operates solar power plants in southern Germany, which have total installed capacity of more than 5,000 kWp. SonnenEnergy's corporate offices are located in Toronto, Ontario and its European operations are based in Polling, Germany, with a sales office in Italy. For more information, please visit SonnenEnergy's website at www.sonnenenergy.com.
Forward-Looking Statements
Forward-looking statements in this news release are based on current expectations that are subject to significant risks and uncertainties. Actual results might differ materially due to various risks and uncertainties as described in the company's amended and restated preliminary prospectus available at www.sedar.com. Such risks and uncertainties include, but are not limited to, the retention of key personnel, its dependence on suppliers for components for the systems that it designs and installs, the availability of silicon, its ability to expand sales, technology changes, unexpected warranty expenses or service claims, and its ability to meet its clients' expectations. SonnenEnergy assumes no obligation to update any forward-looking statement or to update the reasons why actual results could differ from such statements.
The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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