Get the latest delivered to your inbox
Privacy Policy

Now Reading

Akeena Solar Expands Into New Corporate Headquarters

Akeena Solar Expands Into New Corporate Headquarters

Published 05-22-07

Submitted by Akeena Solar

LOS GATOS, Calif.--(BUSINESS WIRE)--May 22, 2007--Akeena Solar, Inc. (OTCBB:AKNS), a leading designer and installer of solar power systems, today announced it is moving into new corporate headquarters in Los Gatos, California, taking over a landmark 20,000-square-foot facility formerly occupied by one of Silicon Valley's oldest and largest automobile dealerships. The move will enable Akeena to consolidate two current San Francisco Bay Area locations and efficiently manage its rapidly expanding West and East coast operations.

"Our move will put Akeena headquarters in a highly visible and desirable business location, helping us to better address the burgeoning Bay Area solar market while supporting our operations across the country," said Barry Cinnamon, Akeena's president and CEO. "It's a symbolic move in that just as affordable, mass-produced automobiles helped define the last century, clean and inexpensive solar power is helping characterize the new. The new, expanded facilities position us to meet the mounting demand for commercial and residential solar power systems - especially as solar power goes mainstream and becomes a retail product."

Akeena will move into facilities at the intersection of two of Silicon Valley's most highly trafficked thoroughfares, Los Gatos Boulevard and Blossom Hill Road in Los Gatos. The location was previously occupied by Swanson Ford, a long-time Bay Area motor vehicle dealership. The new headquarters will house Akeena's administrative, marketing and sales management staff, as well as research and development, warehousing, fleet and demonstration/education facilities. Akeena expects to move into these facilities at 16005 Los Gatos Boulevard in mid June, 2007.

Fast-growing Akeena earlier this month acquired Alternative Energy Inc., a solar company in California's Wine Country. In addition, in the past year the company has expanded West Coast operations to Fresno, Orange County, Bakersfield and Manteca. Akeena's Fairfield, N.J., office serves the New York metropolitan area, covering eastern Pennsylvania, New York, New Jersey and Connecticut.

About Akeena Solar, Inc.

Founded in 2001, Akeena Solar's (OTC BB: AKNS) philosophy is simple: We believe 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 2007

Akeena Solar logo

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.

More from Akeena Solar

Join today and get the latest delivered to your inbox