Solar Monkey Announces Strategic Initiative to Expand
Services to Educational Institutions
Company Makes Key Appointment of Frank S. Tom
Director of Educational Sales
IRVINE, CA, USA, - November 24, 2008 - Solar Monkey today announced plans to expand its strategic focus in the growing solar energy market for educational institutions, colleges and universities. As part of this initiative the company announced the hiring of veteran educator, Frank S. Tom, as Director of Educational Sales.
Matthew McCullough, Solar Monkey's President and CEO said, "There are challenges unique to the educational market that differ markedly from our commercial business. With colleges and universities we must often be mindful of historic buildings and their legacy. Architectural building plans for older buildings frequently no longer exist. In addition, work hours are limited so as not to interfere with classes. These are just some of the special challenges we face, and that Solar Monkey is uniquely qualified to address."
Mr. McCullough continued, "In looking to fill the role of Director of Educational Sales, we knew we needed someone that understood from experience the importance of greening educational institutions along with the desire to save budget monies while hedging against future energy price increases. Frank Tom is just such an individual, and he brings an outstanding track record of executive leadership. He's a highly respected expert in the educational field and his depth of experience will be a key asset as Solar Monkey advances its initiative to pursue strategic sales partnerships in this market."
Mr. Tom has over two decades experience as a K-12 school administrator. In addition he served for five years as the Assistant Superintendent of High Schools for the San Francisco Unified School District. Most recently he was Superintendent of schools in Lafayette, California, and retired from there in June of this year.
Mr. Tom stated, "I am delighted to be joining Solar Monkey at this pivotal time both for the company and the solar energy industry. Before retiring earlier this year I strongly supported the concept of greening our schools and generating cost savings for the district. We evaluated many proposals from solar companies and Solar Monkey had by far the most competitive program that addressed the needs of the district. I was very impressed with Solar Monkey's professionalism and best practices. Given my passion to stay connected with schools, I jumped at the chance to take a leadership role in promoting the use of solar energy in schools and colleges."
About Solar Monkey
Solar Monkey specializes in providing grid-tied solar power solutions for commercial and industrial property owners and public entities. Solar Monkey offers customers a simplified solution to renewable energy that makes good business sense to allow customers to minimize their footprint on the environment while maximizing their operational efficiency. Information on Solar Monkey and the ways in which Solar Monkey makes it easy and intelligent to go solar is available at
www.solarmonkey.net.
This news release contains forward-looking statements within the meaning of the "safe harbour" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and other factors that may cause Solar Monkey's results to differ materially from expectations. These include risks relating to market fluctuations, investor performance and other risks. These forward-looking statements speak only as of the date hereof. Solar Monkey disclaims any intent or obligation to update these forward-looking statements.
CONTACT:
Doug Faust
Solar Monkey
949-748-5996 x150 phone
doug@monkeyis.com
www.solarmonkey.net
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