Day4 Energy Signs Distribution Partnership With Regency Solar For Australian Market

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23rd February 2010, 01:38am - Views: 835





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MEDIA RELEASE PR38422


Day4 Energy Signs Distribution Partnership with Regency Solar for Australian Market


BURNABY, Feb. 22 /CNW-AsiaNet/ --


     Day4 Energy Inc. (TSX: DFE), a leading supplier of high performance, cost-effective

solar electric solutions, today announced that it has signed a distribution agreement

with Regency Solar, a division of Regency Media, based in Melbourne, Australia. This

agreement will cover the Australian, New Zealand and Oceania markets. The first shipment

of Day4 Energy's high performance 48MC modules to Regency Solar was completed

immediately upon the signing of the agreement. The agreement is the first for Day4

Energy in this regional market.


     Regency Solar enters the Australian and New Zealand solar market with

proven marketing and distribution capabilities developed over many years of

experience in the consumer electronics and media business. Regency will focus

on providing their customers with solar energy solutions based exclusively

around Day4 Energy solar module technology. "The Australian market is

expanding rapidly and customers - retail and commercial - are becoming

increasingly focused on high quality, high yield products," says Darren

Johannesen, managing director of Regency Solar.


     Day4 Energy has observed new solar energy markets emerging in the last 12

months, despite the challenging economic conditions. These global markets are

in the early stages of development but are poised for strong growth as solar

approaches cost parity with conventional energy sources. "Australia in

particular is an attractive market for solar because of the ideal climatic

conditions, solid government support and most importantly a rapidly growing

customer base that is looking for green energy solutions," comments George

Rubin, president of Day4 Energy. "We chose the best and most capable partner

in Regency Solar for our entry into the diverse Australian and New Zealand

markets," says Rubin.


     Day4 Energy's aim is to gain market share in Australia and New Zealand

and ultimately become the leading photovoltaic module supplier in this market.

The relationship with Regency Solar is in alignment with the overall corporate

objectives to develop strong marketing and distribution presence in key

geographic markets throughout the world. Day4 Energy is currently exploring

distribution and manufacturing opportunities for solar power in other emerging

global markets.


     About Day4 Energy:


     Day4 Energy Inc. is a Canadian company dedicated to providing high

performance photovoltaic (PV) solutions for residential, commercial and

utility scale installations. By fundamentally improving on the design and

assembly of solar cells and modules, the Company produces unique PV panels of

high power density, increased lifetime and uncompromised aesthetic appearance.

Day4 Energy partners with international technology leaders to develop and

deliver IEC- and UL-certified solar products to customers around the world.

Day4 Energy is listed on the Toronto Stock Exchange under the symbol "DFE".


Conservation Energy Day4 Energy Inc. 3 image


     About Regency Solar:


     Regency Solar is an Australian Company based in Melbourne. Focused on

highest quality solar solutions directly to its customers through a variety of

direct channels, Regency Solar was founded in 2008. A subsidiary of Regency

Media, Australia's largest independent Entertainment Media manufacturing and

distribution company. Visit www.regencysolar.com.au.


     Forward Looking Statements:


     This news release contains forward-looking information. These statements

relate to future events or future performance and reflect management's current

expectations and assumptions. A number of factors could cause actual events,

performance or results to differ materially from the events, performance and

results discussed in the forward-looking statements. These forward-looking

statements are made as of the date hereof and the Company does not assume any

obligation to update or revise them to reflect new events or circumstances.


      SOURCE:  Day4 Energy Inc.


      CONTACT: Therese Hayes

               Head, Corporate Development

               Day4 Energy Inc.

               +1 (604) 296-0434

               thayes(at)day4energy.com


               Agnieszka Pozniak

               Media Contact

               Day4 Energy Inc.

               +1 (604) 296-0415

               media(at)day4energy.com


               Darren Johannesen

               Director

               Regency Solar Pty Ltd

               +1 (613) 9587-1189

               djohannesen(at)regencysolar.com.au

               (DFE.)



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