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TORONTO, March 27 /CNW/ - OPEL International Inc. (TSX-V:OPL)
(Frankfurt/Berlin: RI4) ("OPEL" or "the Company"), a manufacturer of
state-of-the-art high concentration photovoltaic (HCPV) solar products, is
pleased to announce that it has retained the services of Bryan Mills Iradesso
("BMIR") to help communicate its growth plans and results to the investment
BMIR is a full-service investor relations and corporate communications
firm based in Toronto and Calgary. The TSX Venture Exchange requires that the
details of the arrangement between OPEL and BMIR be disclosed.
BMIR previously worked with OPEL on the preparation of the Company's
presentation to investors in connection with its December 2007 private
placement. OPEL has now retained BMIR in a more proactive investor relations
capacity starting in March, 2008, at a rate of $7,000 per month.
BMIR's mandate is to enhance OPEL's profile with existing and potential
investors through news releases, web site enhancement, investor meetings and
other investor materials. The contract can be terminated by either party with
one month's notice after the initial three-month period. The key individual
from BMIR who will work with OPEL is Vice President Philip Koven.
About OPEL International
With operations headquartered in Shelton, CT, OPEL designs, manufactures
and markets innovative, state-of-the-art solar technology products designed to
convert solar energy into electricity - at the least possible cost and
greatest efficiency. The Company's products are based on technology developed
in cooperation with the University of Connecticut (Storrs, CT) and the
Canadian National Research Centre (Ottawa, ON). A leader in gallium arsenide
and solar photovoltaic technology, the Company has been awarded 23 patents and
has 23 more patents pending. OPEL's common shares trade on the TSX Venture
Exchange under the symbol "OPL". For more information about OPEL, please visit
the Company's website at www.opelinc.com.
Dated: March 27, 2008
ON BEHALF OF THE BOARD OF DIRECTORS
Michel Lafrance, Secretary
The TSXV has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.
Investors are cautioned that except for statements of historical facts,
certain statements contained in this news release may include forward-looking
information with respect to the Company. Such forward-looking statements or
information are based on current expectations, estimates and projections
formulated using assumptions currently believed to be reasonable and involving
a number of risks and uncertainties which could cause actual results to differ
materially from those anticipated. The Company does not undertake any
obligation to update publicly or revise any forward-looking statements or
information, whether as a result of new information, future events or
otherwise, unless so required by applicable securities laws.
For further information:
For further information: Michael McCoy, Chief Financial Officer, Tel:
(203) 612-2366 Ext 2229, Email: firstname.lastname@example.org; Philip Koven, Investor
Relations, Tel: (416) 447-4740 Ext 235, Email: email@example.com