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Solar America Corp. (SOLX) And L&G Energy Solutions Ink Letter Of Intent

|Includes: Solar America Corporation (SOLX)

Solar America is a company focused on the continued deployment of residential, commercial, and governmental alternative energy systems. The company offers alternative energy solutions that include designing, building, operating, monitoring, and maintaining these solutions. Solar America's current emphasis is on retrofitting buildings and residences.

Solar energy usage in the United States and elsewhere continues to expand rapidly thanks to lower costs for parts and components such as solar panels. This makes solar power more competitive with conventional energy solutions. Solar installations expanded to a record 30.9 gigawatts globally last year, according to Clean Edge's 2013 trend report.

Solar America announced today that it has signed a letter of intent with L&G Energy Solutions, a commercial manufacturer of energy management devices including LED lighting and solar equipment. The Texas-based company is an innovative clean tech firm building products that dramatically reduce energy consumption.

According to the terms of the letter of intent, L& G Energy Solutions will supply its cutting-edge LED lighting solutions for incorporation into Solar America's upcoming projects. Solar America was looking for a domestic source of high quality LED components to reduce its dependence on overseas supplies when it found L&G.

For further information about Solar America and its business, please visit solaramericacorp.com

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