ICP Solar
ICP Solar Announces Letter of Intent to Acquire Ibersolar of Spain
A Leading Provider of Solar Photovoltaic & Thermal Systems
MONTREAL, QUEBEC, CANADA – October 21, 2008 – ICP Solar Technologies Inc. (OTCBB: ICPR.OB, FRANKFURT: K1U.F), a developer, manufacturer and marketer of proprietary solar panels and products, today announced that it has entered into a binding Letter of Intent (“LOI”) to acquire Ibersolar Energía, S.A., a leading European manufacturer and supplier of solar photovoltaic systems, solar thermal systems, and absorption units.
The private company, established in 1999 and headquartered in Spain, has annualized sales of approximately €120 million and has been profitable since 2005. Ibersolar photovoltaic modules provide clean electrical energy for residential, commercial and industrial applications worldwide.
Under the terms of the LOI, ICP will acquire 100% of the shares of Ibersolar. The Parties agree and undertake to enter into a mutually agreeable definitive share purchase agreement and any other documents necessary for the acquisition within six weeks of the signing of the LOI, or as soon as practicable thereafter. In addition, the closing of the acquisition is contingent upon financing by ICP of a minimum of $15 million on terms acceptable to both parties. A financing plan (i.e., term sheet) must be arranged before December 15, 2008; additional terms are outlined in a Form 8K filed with the SEC. The new company structure after the acquisition, but before the financing, will be owned 20% by existing ICP shareholders and 80% by existing Ibersolar shareholders on a fully diluted basis.
“I am extremely pleased to announce the most important strategic decision in our company’s history,” said Sass Peress, Chairman and CEO of ICP Solar. “By acquiring Ibersolar, ICP will see a twenty-fold increase in the size of its business and automatically become a recognized player in the burgeoning European market. Ibersolar brings with it excellent solar applications, established R&D, strong supplier relationships, and a substantial customer base that spans commercial, industrial, and government entities across the continent. We expect to realize distribution synergies and cross-fertilization of product lines immediately – particularly with regard to our Sunsei Wireless Greenmeters – and the acquisition is anticipated to be accretive to earnings within the first year of operation. Ibersolar will also be able to leverage our proprietary solar rooftiles for applications in Europe and elsewhere.
“This is a game changer and one that we feel will bolster the company’s long-term growth outlook and solidify our position in the solar sector. Upon completion of the merger, ICP will head into 2009 with a rapidly-expanding customer base, vast array of enticing solar products, and the technology to offer some of the most cost-efficient solutions to a world demanding clean, renewable energy.”
Ibersolar Energía offers a wide range of PV modules, grid-connected and off-grid inverters, mounting systems, solar trackers and monitoring equipment, as well as complete solar thermal systems, including high performance collectors, solar boilers, controllers, and thermal siphons. The company has developed a roof system which integrates flexible amorphous silicon modules with waterproof membrane solutions, providing the highest guarantee of impermeability in a roof while achieving maximum energy production from the photovoltaic modules.
Additional information may be found at www.ibersolar.com.
Jetzt bin ich aber mal gespannt, ob sich mein LONG-Investment auch so richtig lohnt.
zak
Optionen
| Boardmail an "zakdirosa" |
Wertpapier: ICP Solar |
Costco Canada to Increase Orders for ICP Solar Chargers in 2009
Estimated Sales of Nearly $1 Million
MONTREAL, QUEBEC, CANADA - October 23, 2008 - ICP Solar Technologies Inc. (OTCBB: ICPR.OB, FRANKFURT: K1U.F), a developer, manufacturer and marketer of proprietary solar panels and products, today announced that Costco of Canada has extended its existing purchase agreement with ICP and will sell an expanded range of Coleman-branded solar chargers in 2009. It is estimated that Costco will purchase units worth nearly $1 million next year, a significant increase over 2008.
"Costco has come to rely on our Coleman chargers to meet the rising demand for solar products in their stores nationwide," said Sass Peress, Chairman and CEO of ICP Solar. We are dedicated to total customer satisfaction for all our innovative applications, and the company's success with Costco is indicative of the unique value proposition we bring to market. Our cutting-edge technology and consumer-friendly product attributes serve the growing need for renewable energy solutions. We expect to leverage the Costco relationship for additional product sales both in Canada and elsewhere in the years ahead.
Optionen
| Boardmail an "zakdirosa" |
Wertpapier: ICP Solar |
icp hat ne neue homepage, da ändert sich doch einiges! was freu ich mich aufs pushen!!!!
Optionen
| Boardmail an "zakdirosa" |
Wertpapier: ICP Solar |
ICP and Wal-Mart See Huge Market for Solar Chargers in 2009
Agreement Builds on Success of Products Recently Introduced
MONTREAL, QUEBEC, CANADA – October 27, 2008 – ICP Solar Technologies Inc. (OTCBB: ICPR.OB, FRANKFURT: K1U.F), a developer, manufacturer and marketer of proprietary solar panels and products, today announced that Wal-Mart has agreed to purchase the company’s Coleman-branded solar charger kits for sale in 2,100 stores across the U.S. during 2009. ICP is expected to provide an estimated $1.0 million of these units for sale to Wal-Mart next year. The Wal-Mart agreement builds on an existing supply relationship and represents nearly double the sales anticipated for calendar 2008.
“Wal-Mart continues to see strong demand for our Coleman solar chargers given the sustained interest in clean solutions for today’s huge array of energy-consuming products,” said Sass Peress, Chairman and CEO of ICP Solar. “Our sleek design and affordable, easy-to-use applications make it simple to harness the power of the sun for consumers’ everyday electricity needs. We expect to continue building on the Wal-Mart relationship and provide additional solar products going forward. Even in today’s volatile energy market, the desire for clean solar energy applications is stronger than ever.”
Optionen
| Boardmail an "zakdirosa" |
Wertpapier: ICP Solar |
es wird allerdings in diesem marktumfeld schwierig sein. aber:! ich habe zeit!
Optionen
| Boardmail an "zakdirosa" |
Wertpapier: ICP Solar |
Oct 27, 2008 Stockwire.com: (OTCBB:ICPR) ICP Solar Technologies, Inc. just released some important news.
Oct 27, 2008 RealPennies.com: Turning Pennies into dollars: (OTCBB:ICPR) ICP Solar Technologies, Inc.
Oct 27, 2008 ICP and Wal-Mart See Huge Market for Solar Chargers in 2009
gefunden im wallstreet-online forum.
meine meinung- bald werd ich nicht mehr der einzige in diesem forum sein. für mich ist ICP bei diesem kurs nochmal
Strong Buy!
Optionen
| Boardmail an "zakdirosa" |
Wertpapier: ICP Solar |
ICP Announces Measures to Speed Path to Profitability
Right-Sizing the Operations and Focusing on Business Execution
MONTREAL, Oct 28, 2008 (BUSINESS WIRE) -- ICP Solar Technologies Inc. (OTCBB: ICPR.OB, FRANKFURT: K1U.F), a developer, manufacturer and marketer of proprietary solar panels and products, today announced that it has implemented a process improvement program to cut costs and streamline its operations, speeding time to market and accelerating the company's path to profitability. ICP has already taken steps in identifying corporate overhead costs and supply chain inefficiencies such that approximately $700,000 in annualized expense reductions have been earmarked. In this context, Sheldon Reinhart has resigned his full time position as CFO and will become a part time consultant to the company.
"Even as we experience robust demand across our innovative product lines, we are taking measures to rapidly transform the organization into a leaner, more focused company with an eye on profitability," said Sass Peress, Chairman and CEO of ICP Solar. "Given our improving top line performance and expected growth in 2009, we remain committed to increasing returns and accelerating our time to market with technology-leading solar applications. Our gross margins should also benefit immediately from lower material and transportation expenses tied to reduced fuel costs and a more competitive economic environment."
Optionen
| Boardmail an "zakdirosa" |
Wertpapier: ICP Solar |
man muss auch mal gegen den strom schwimmen! Ich bin sehr gut investiert - und ich kann es mir leisten, (wenn cosmic recht behält und ICP ist Schrott!- who cares?)
Die allgemeine Marktsituation lässt zur Zeit keine grossen Sprünge zu, aber! und das gilt nicht nur für ICP, die Kurse sind günstig und so werde ich auf jeden Fall mein Depot noch vor dem 31.12. kräftig ergänzen.
Bei ICP ist trotz allem zu bedenken, der Deal mit Ibersolar muss gestemmt werden und die ganzen Bemühungen müssen sich im nächsten Jahr in den Bilanzen sehr positiv ausdrücken. Da ist dannn auch meine Spekulationsfrist
abgelaufen. Dann seh ich weiter! Aber vorerst bleib ich LONG und STRONG BUY!
Optionen
| Boardmail an "zakdirosa" |
Wertpapier: ICP Solar |
Shave to save...
By now many of you have read today's announcement about operational efficiencies at ICP Solar. Its quiet obvious to me that while we add business left, right and center, to our bookings for next year, it is incumbent on me to bring this company to profitability, as deserve our shareholders to receive a return on their investment.
It is indeed a challenging financial environment, yet we are lucky to have set down some good developments in 2008 which are going to catch big waves in 2009. Our cost of product acquisition will fall drastically as will our cost of operations, thanks to the addition of David Stein. His history at Future Electronics has already helped us shaves several dollars on the costs of new products about to be introduced and his savvy operational sense is helping to make us a leaner and faster acting company.
It reminds me a bit of the ICP Solar of old, where delivery and operational efficiencies were as much a focus as topline sales. We had extraordinary internal people as well as extraordinary sales team members. I am seeing quite a bit of that in this year, and with the added innovations about to be launched, I am very very bullish on the upcoming period.
And all this in the most challenging economic environment we have ever seen...go figure!
Sass
Optionen
| Boardmail an "zakdirosa" |
Wertpapier: ICP Solar |
Marks First Sale of Installed Solar Vents -- Valued at Over $1 Million
MONTREAL, Oct 29, 2008 (BUSINESS WIRE) -- ICP Solar Technologies Inc. (OTCBB: ICPR.OB, FRANKFURT: K1U.F), a developer, manufacturer and marketer of proprietary solar panels and products, today announced that the company has signed an agreement for the sale of its Sunsei(R) solar vents to a major North American supplier of recreational vehicles beginning in 2009. This marks the first time that Sunsei(R) vents will be installed directly at the factory of an RV producer, and it is estimated that this Fortune 500 OEM will purchase the equivalent of eight container loads next year -- worth over $1 million. ICP Solar vents can provide lower maintenance costs to RV owners due to a reduction of mold, mildew, odor and heat inside the internal cabins.
"As the company looks to build on its Sunsei(R) brand name, we are excited to see that our solar vents will be built into a variety of recreational vehicles for one of the largest producers in North America," said Sass Peress, Chairman and CEO of ICP Solar. "This supply agreement calls for our vents to be installed directly at the factory -- providing solar energy when needed for electrical usage within the vehicle, a very attractive feature that meets the needs of today's energy-consuming RVs. This application again validates the virtues of our patented technology and innovative designs within the solar field."
Optionen
| Boardmail an "zakdirosa" |
Wertpapier: ICP Solar |
Marks First Sale of Installed Solar Vents -- Valued at Over $1 Million
MONTREAL, Oct 29, 2008 (BUSINESS WIRE) -- ICP Solar Technologies Inc. (OTCBB: ICPR.OB, FRANKFURT: K1U.F), a developer, manufacturer and marketer of proprietary solar panels and products, today announced that the company has signed an agreement for the sale of its Sunsei(R) solar vents to a major North American supplier of recreational vehicles beginning in 2009. This marks the first time that Sunsei(R) vents will be installed directly at the factory of an RV producer, and it is estimated that this Fortune 500 OEM will purchase the equivalent of eight container loads next year -- worth over $1 million. ICP Solar vents can provide lower maintenance costs to RV owners due to a reduction of mold, mildew, odor and heat inside the internal cabins.
"As the company looks to build on its Sunsei(R) brand name, we are excited to see that our solar vents will be built into a variety of recreational vehicles for one of the largest producers in North America," said Sass Peress, Chairman and CEO of ICP Solar. "This supply agreement calls for our vents to be installed directly at the factory -- providing solar energy when needed for electrical usage within the vehicle, a very attractive feature that meets the needs of today's energy-consuming RVs. This application again validates the virtues of our patented technology and innovative designs within the solar field."
Optionen
| Boardmail an "zakdirosa" |
Wertpapier: ICP Solar |
Optionen
| Boardmail an "jocyx" |
Wertpapier: ICP Solar |
Optionen
| Boardmail an "zakdirosa" |
Wertpapier: ICP Solar |
Optionen
| Boardmail an "jocyx" |
Wertpapier: ICP Solar |
weiss ich nicht, jedenfalls STRONG BUY!!! und wir sind erst am Anfang!
Optionen
| Boardmail an "zakdirosa" |
Wertpapier: ICP Solar |
hat sich mal einer Ibersolar genauer angeschaut? Sollte die Übernahme klappen, spielt ICP aus dem Stand heraus in einer ganz anderen Liga.
Jetzt erst recht heisst die Devise: LOOOOOOOONG!
Optionen
| Boardmail an "zakdirosa" |
Wertpapier: ICP Solar |
Ich bin sehr gespannt, welche Neuigkeiten Peress nach der
Rodman & Renshaw Annual Global Investment Conference am Montag
präsentiert! Da ist einiges zu erwarten!
Optionen
| Boardmail an "zakdirosa" |
Wertpapier: ICP Solar |
New Sunsei(R) Products to Fuel Growth in 2009
MONTREAL, Nov 17, 2008 (BUSINESS WIRE) -- ICP Solar Technologies Inc. (OTCBB: ICPR.OB, FRANKFURT: K1U.F), a developer, manufacturer and marketer of proprietary solar panels and products, today announced that it will begin shipping its new, patented, Sunsei(R) GreenMeter this month. The initial customer, an education products company, will be installing the GreenMeter in 30 high schools across North America -- providing scientific training stations for labs within a curriculum that focuses on renewable energy. The Sunsei(R) GreenMeter hybrid energy monitor will be the centerpiece of these stations, and it will interface with solar panels, wind turbines, and a battery system that monitors energy output. Students can measure electrical power production from both solar and wind sources, analyzing the resulting energy vis-A-vis existing weather conditions.
"Our Sunsei(R) GreenMeter is now ready for shipment, and we are very excited by the opportunity these products represent for growth in 2009," said Sass Peress, Chairman and CEO of ICP Solar. "They are designed to be extremely consumer-friendly and can easily connect with any type of renewable energy source to analyze electrical output. Our GreenMeter collects data from a variety of energy devices and links directly with the internet -- making it perfect for both at-home and remote locations, where it has traditionally been cumbersome or problematic to analyze energy production.
"These first units will allow students to learn about two of today's leading forms of alternative energy -- wind and solar power -- along with energy conversion and electricity generation. Assisting young minds appreciate how clean energy fits into the global economic environment is compelling, and we anticipate expanding sales within the education field. Beyond this market, we expect the GreenMeter to post rapid growth worldwide next year as it uniquely provides consumers and commercial enterprises with an easy means to monitor their ever-increasing alternative energy installations."
Optionen
| Boardmail an "zakdirosa" |
Wertpapier: ICP Solar |
Schon mal in deren Homepage geschaut??....Was die da anpreisen, gibts in jedem Baumarkt...Kommt mir vor als machen da jemand Werbung fuer Taschenlampen....
Wo ist eigentlich der Solar-Dachziegel...dass sollte doch das Herausragende an der Firma sein....Wo ist der im Angebot...??? D I E Idee waere Klasse, aber sicher nicht das andere Peanut-Zeug.
Es kommt aber noch mehr von ICP. Wenn es wieder Baumarktartikel sind? Hauptsache das Zeug verkauft sich.
Allerdings!:
Klappt die Übernahme von Ibersolar spielt Peress in einer anderen Liga. Hast du dir scchon mal die Homepage und die Produkte von denen angeschaut?
Klappt die Übernahme nicht, dann wird ICP auf lange Sicht wohl ein Pennystock bleiben.
Optionen
| Boardmail an "zakdirosa" |
Wertpapier: ICP Solar |
Retailer Leroy Merlin to Stock Sunsei(R) Solar Products
MONTREAL, Nov 18, 2008 (BUSINESS WIRE) -- ICP Solar Technologies Inc. (OTCBB: ICPR.OB, FRANKFURT: K1U.F), a developer, manufacturer and marketer of proprietary solar panels and products, today announced that Leroy Merlin, one of Europe's largest retailers of home improvement merchandise, will stock Sunsei(R) solar chargers and related products in 2009. It is estimated that Leroy Merlin, which carries items ranging from decorations and accessories to construction materials, will purchase approximately $0.4 million of ICP Solar's chargers next year.
"We are extremely pleased to announce that Leroy Merlin will sell our Sunsei(R) products in its stores next year," said Sass Peress, Chairman and CEO of ICP Solar. "As one of the leading home-improvement chains on the continent, Leroy Merlin will provide increased exposure to our technology-leading products and a new channel to accelerate our market penetration overseas. We continue to build relationships with a variety of strong, global partners who understand the value of our offerings given consumers' increasing reliance on solar power for their energy needs. Our expansion in Europe reflects a recognition not only of our technology but also the quality of our products -- as Sunsei(R) rapidly builds a reputation around the world for providing reliable power in all types of rugged, outdoor applications."
Optionen
| Boardmail an "zakdirosa" |
Wertpapier: ICP Solar |
Weil´s so schön langweilig ist und heute Feiertag in USA - hat sich mal jemand die Präsentation von Sass Peress bei der Rodman & Renshaw Conference angesehen und angehört? Dauert 20 Minuten und die Präsenstationsfolien dazu sind auch dabei. So jetzt bleibt es jedem selber vorbehalten sich eine eigene Meinung zu bilden. Happy Thanksgiving! Bill Bo
PUUUUUUUUSSSSSSHHHHHH!!!!!
Ich hab´s mir angesehen & wiederhole: STRONG BUY
Optionen
| Boardmail an "zakdirosa" |
Wertpapier: ICP Solar |
Providing Off Grid Modules to Regions in Need
MONTREAL, Dec 01, 2008 (BUSINESS WIRE) -- ICP Solar Technologies Inc. (OTCBB: ICPR.OB, FRANKFURT: K1U.F), a developer, manufacturer and marketer of proprietary solar panels and products, today announced that the Company has signed an agreement worth $500,000 for off-grid modules in Africa. Deliveries are expected to begin in January, 2009.
"We are very pleased to announce our first sales to Africa in years, where demand for solar systems has climbed rapidly in the past twelve months," said Sass Peress, Chairman and CEO of ICP Solar. "We will be providing our proprietary modules for remote power generation in areas where, given the lack of reliable electricity but continuous availability of sunshine, we will make it possible for thousands of individuals to use portable power products and operate critically-needed equipment. These sales represent our re-entry into a market that will become a key part of our expansion in 2009, leveraging our innovative line of thin-film applications to harness the power of the sun.
"Combined with other announcements during the past two months, ICP Solar has already secured over $5 million of business for the upcoming fiscal year - a record for the company at this stage of the contract confirmation season. Considering that we will also be launching several new products in the coming quarters, we remain very well positioned for 2009."
Optionen
| Boardmail an "zakdirosa" |
Wertpapier: ICP Solar |