Message #6 From:
NewsBot Date: March 15, 2007 11:02:00 AM
SLRE News Solar and Shadow Marketing End Negotiations
VANCOUVER, British Columbia--(BUSINESS WIRE)--Solar Energy Limited (OTCBB:SLRE) today announced that Solar and Shadow Marketing, Inc. have ended any further negotiations in connection with Shadow’s offer to purchase Solar’s wholly owned subsidiary D2Fusion, Inc.
D2, a wholly owned subsidiary of Solar, is focused on developing and delivering low-cost, clean, waste-free, practical nuclear energy applications for use in a wide range of environments from homes to industry. Operations are focused on the engineering and development of practical solid-state fusion thermal energy devices derived from work sometimes referred to as LENR (Low Energy Nuclear Reactions) or CANR (Chemically Assisted Nuclear Reactions). These reactions utilize deuterium, a common isotope of hydrogen, which when loaded into solid-state materials produces heat and helium without significant energetic radiation such as neutrons, gammas, and x-rays.
The science and news surrounding solid-state fusion and D2Fusion, Inc. can be viewed on the company’s website at www.d2fusion.com.
Solar is a public company focused on the development of eco-friendly business opportunities; its common shares trade on the OTCBB under the ticker symbol “SLRE”.
Forward Looking Statements
A number of statements contained in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended. A safe-harbor provision may not be applicable to the forward-looking statements made in this press release because of certain exclusions under Section 27A(b). These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, and uncertainties related to the development of Solar’s business model. The actual results that Solar may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Solar encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-KSB and Form 10-QSB. Solar’s public filings may be viewed at www.sec.gov.
