Contract Win
September 17 2008 - 2:01AM
UK Regulatory
RNS Number : 6028D
Solar Integrated Technologies Inc
17 September 2008
SOLAR INTEGRATED ANNOUNCES THREE U.S. SOLAR ROOFING PROJECTS WITH JOHNSON CONTROLS FOR US$3 MILLION
Los Angeles, California and London, UK, September 17, 2008 - Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of
building integrated photovoltaic (BIPV) roofing systems, today announces that it has been awarded contracts from Johnson Controls, the
global multi-industrial leader in creating smart environments, to supply and install BIPV roofing systems on projects in Wisconsin,
California and Washington. The three contracts total U.S.$3 million and are expected to be completed by the end of 2008.
"Our strategy is to provide value to our customers across their portfolio of solar roofing opportunities. We provide solar roofing
solutions that address the technical and levelized cost of energy requirements for the specific building and site profile," stated R.
Randall MacEwen, President & CEO of Solar Integrated. "Our strategy is designed to make us an attractive long-term partner for leading
companies like Johnson Controls - a company that makes buildings in 125 countries more comfortable, productive, safe and energy efficient."
One of the three projects is the Johnson Controls global headquarters building in Glendale, Wisconsin. The BIPV roofing project at this
facility is expected to produce 116,000 kWh annually. This is enough energy to supply 140 average sized homes and eliminate the emissions
from 300 cars over the lifetime of the system. The headquarters received the highest ranking from the U.S. Green Building Council's
Leadership in Energy and Environmental Design (LEED) rating system.
The Solar Integrated solar roofing system integrates a durable, low maintenance, waterproof membrane with lightweight, thin-film
photovoltaic cells and provides 3 points toward the LEED Platinum Certified green building. The BIPV roofing system uses clean, renewable
energy to generate electricity for buildings while helping lower overall energy costs and offsetting coal producing power.
This usage underscores national trends identified by Johnson Controls earlier this year. According to The Johnson Controls Energy
Efficiency Indicator, the company's annual survey of North American executives, 52 percent of respondents said environmental responsibility
is an equal or greater motivator for investing in energy efficiency than cost reduction. Sixteen percent cited environmental responsibility
as the stronger motivator, up from 13 percent in 2007. Thirty-six percent said they were equally motivated by environmental responsibility
and cost savings.
"Johnson Controls is known for helping customers develop smart, sustainable environments. This offering is a part of our ongoing
strategy to deepen and broaden the company's leadership in renewable energy solutions," said Don Albinger, Vice President of Renewable
Solutions at Johnson Controls. "From school districts to municipalities to corporations, renewable energy is relevant to all industries."
Johnson Controls helps organizations reach sustainability goals by incorporating renewable technologies with innovative energy
efficiency strategies to provide long-term, sustainable solutions.
Solar Integrated's BIPV products feature UNI-SOLAR� photovoltaic laminates. UNI-SOLAR laminates offer superior cost-effective solutions
for roofing applications because they are lightweight, durable, flexible, can be integrated directly with building materials, and generate
more energy in real world conditions. The laminates are supplied by United Solar Ovonic LLC, a wholly owned subsidiary of Energy Conversion
Devices, Inc. (NASDAQ:ENER).
About Solar Integrated:
Solar Integrated Technologies, Inc. (SIT: AIM.LN) is a Los Angeles-based company that manufactures, designs and installs building
integrated photovoltaic (BIPV) roofing systems for commercial rooftops. Our BIPV roofing systems enable our customers to transform a rooftop
into a value-generating asset. Our customers include Audi, Carrefour, Coca-Cola Enterprises, Frito-Lay, IKEA, Johnson Controls, Metro,
ProLogis, San Diego Unified School District, Tesco, Toyota, Unibail-Rodamco, UPC Energy, UPC Solar, U.S. Air Force, U.S. GSA, U.S. Navy and
Westfield. For more information, please visit www.solarintegrated.com.
About Johnson Controls:
Johnson Controls (NYSE: JCI) is the global leader that brings ingenuity to the places where people live, work and travel. By integrating
technologies, products and services, we create smart environments that redefine the relationships between people and their surroundings. Our
team of 140,000 employees creates a more comfortable, safe and sustainable world through our products and services for more than 200 million
vehicles, 12 million homes and one million commercial buildings. Our commitment to sustainability drives our environmental stewardship, good
corporate citizenship in our workplaces and communities, and the products and services we provide to customers. For additional information,
please visit http://www.johnsoncontrols.com/.
For more information, please contact:
Solar Integrated Investor Contacts:
Solar Integrated Technologies, Solar Integrated Technologies, Inc
Inc John M. Palumbo
R. Randall MacEwen Chief Financial Officer
President & Chief Executive Los Angeles, California, USA
Officer +1.562.299.0121
Los Angeles, California, USA
+1.562.299.0136
Nomura Code Securities Limited Mirabaud Securities Limited
Nominated Adviser and Joint-Broker
Joint-Broker Peter Krens or Kim Richardson
Juliet Thompson or Chris Golden +44.20.7878.3362
+44.20.7776.1200
Solar Integrated Media Contacts:
Pelham Public Relations
Chelsea Hayes or Robert Koh
+44. 20.7743.6675
Thinking Integrated. Building Integrated.
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This information is provided by RNS
The company news service from the London Stock Exchange
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