Trading Markets:

Solar Energy Initiatives, Inc. executing on its corporate mission to Renew The Nation via economic development through the sale and installation of Solar Thermal, Photovoltaic (PV) and other Solar technologies, today announced that it will be spinning-off Solar Park Initiatives, Inc., its wholly owned solar park company.

SNRY’s shareholders of record, as of October 15, 2009, will receive one common share of Solar Park Initiatives, Inc. for every two common shares of SNRY owned. The transaction is cash and tax free for all SNRY shareholders. SNRY’s shareholders as of the record date will not be required to pay for any shares distributed to them, take any action to receive the stock dividend, and will be classified as a “tax free” transaction for SNRY shareholders.

It is anticipated that Solar Park Initiatives will announce the hiring of key management, with extensive business and alternative energy backgrounds, in the next 30 days. It is believed that Solar Park Initiatives will begin trading as a public company by late 2009 or early 2010.

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