For Immediate Release:

April 6, 1998

Contact:
James Stanley (612) 441-3440
James Kantorowicz (612) 441-3440

SolarAttic Signs Exclusive Japan Licensing Agreement

Elk River, Minn. (April 6, 1998) -- SolarAttic, Inc. announced today that it has signed an exclusive agreement licensing its technology for production and distribution within Japan. The license agreement is between SolarAttic and Mr. Kurt Vogel, a U.S. businessman residing at 3-10-1-A-1304 Okubo, Shinjuku-ku, Tokyo 169-0072 Japan.

Under the terms of the agreement, Mr. Vogel will have full rights to all of SolarAttic's technology for manufacturing and sale within Japan. This includes the right to sublicense production to other firms. The company has granted Mr. Vogel a two year time frame in which to establish manufacturing and sales operations in Japan. Ed Palmer, the Company's president said: "Kurt has an extensive business background, speaks fluent Japanese and has been involved within the solar industry in Japan. He has been in country for over eight years and is confident that SolarAttic's technology is marketable there. This is an exciting development for SolarAttic and we expect that Kurt will have great success in Japan with the company's products and technology."

SolarAttic has invented and patented a new alternative energy technology that uses the hot air inside of attics for heating hot water, space and swimming pools. The company has also invented and patented a new ventilation technology that allows the attic to be vented from within its own cavity. The new solar technology eliminates the need to use solar roof panels. The new ventilation technology eliminates the need for roof vents and has other applications. Additional information can be obtained on the Internet at http://www.solarattic.com or by contacting Jim Stanley, VP of Marketing/Sales or James Kantorowicz at (612) 441-3440.

# # # #

Go Back To Historical Press Releases