LOS GATOS, Calif.--(BUSINESS WIRE)--Aug. 15, 2006--Akeena Solar, a leading designer and installer of solar power systems, today announced it completed a public company merger transaction and expects to trade on the Over the Counter Bulletin Board in the near future.

"This transaction represents a significant milestone for Akeena Solar. We can now accelerate our growth strategy and expand our presence in the states that have well-funded incentive programs," said Barry Cinnamon, president and CEO of Akeena.

About Akeena Solar

Founded in 2001, Akeena Solar's philosophy is simple: we believe that producing clean electricity directly from the sun is the right thing to do for our environment and economy. Akeena Solar has grown to become one of the largest national integrators of residential and small commercial solar power systems in the United States, serving customers directly in California, New Jersey, New York, Connecticut and Pennsylvania. For more information, visit Akeena Solar's website at www.akeena.net

Safe Harbor

Statements made in this release, that are not historical in nature, constitute forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of words such as "expects," "plans" "will," "may," "anticipates," believes," "should," "intends," "estimates," and other words of similar meaning. These statements are subject to risks and uncertainties that cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, the effectiveness, profitability, and marketability of such products, the ability to protect proprietary information, the impact of current, pending, or future legislation and regulation on the industry, the impact of competitive products or pricing, technological changes, the effect of general economic and business conditions. All forward-looking statements included in this release are made as of the date of this press release, and Akeena Solar assumes no obligation to update any such forward-looking
statements.

Copyright Business Wire 2006

Akeena Solar

Akeena Solar

Akeena Solar is one of the largest national installers of solar power systems. We install turn-key solar power systems for residential and commercial customers and we take pride in every job we do. Akeena Solar is traded on the OTCBB as AKNS.OB.

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