OSM Solarform Corp. Now Powered by iEnergy

TORONTO, Nov. 22, 2011 /CNW/ - Forterra Environmental Corp. (TSXV:FTE) and OSM Solarform Corp. (recently rebranded from OSM Solar Corp.) is pleased to announce that iEnergy has agreed to award OSM Solarform the exclusive master license agreement to combine OSM Solarform's line of PV modules with iEnergy's state of the art micro inverters and power optimizers for the Canadian and Caribbean markets.

Assembled in Ontario, and qualifying under the Provincial content requirements, iEnergy's micro inverters convert the optimized DC power output of each PV module into AC power suitable for grid connection. Combining OSM Solarform's dual line of Symphony Energy and Juli New Energy modules, OSM Solarform now offers a scalable, plug-and-play AC module kit to the solar community in Canada through its strategic distributor AS Solar Inc. located in Uxbridge Ontario.

Significant value propositions of OSM's AC module kit powered by iEnergy micro inverter include:

  • Increased Panel Output Gains: 5-25%
  • Increased System Reliability and Uptime: 99.5%
  • BOS and Labor Saving: 15-30%
  • Eliminating the traditional single point of failure issue
  • 25-year product warranty
  • Enhanced Per Module monitoring and reporting
  • Increased Safety

As exclusive licensee, OSM Solarform will promote marketing and sales activities of all iEnergy product lines.  This strategic partnership will diversify OSM Solarform's product offering, delivering the best-in-class micro inverter solution to the Ontario and national solar communities, in Canada, and Caribbean Countries.

About OSM Solarform Corp. 

OSM Solarform designs, assembles, manufactures and distributes Solar panels to North America under the Symphony Energy and Juli New Energy brands.  It offers both poly- and monocrystalline solar modules from 230W to 310W in two distinct sizes and plans to develop custom manufacturing of BIPV technology. All of the modules are manufactured at its facility in Welland, Ontario.  OSM Solarform panels qualify fully for the content requirements of the industry stimulating Provincial Fit and microFIT programs in Ontario.  OSM Solarform is member of CANSIA and SEPA and all panels are cUL rated.   www.osmsolar.com

About AS Solar Inc.

AS Solar Inc. is part of the AS Solar Group of companies headquartered in Hannover, Germany with operations throughout Europe and North Africa.

AS Solar Inc. distributes high quality PV products and engineered kits from its warehouse and office location in Newmarket, Ontario and has successfully distributed and provided project management support for more than 15 megawatts of solar projects since its founding in 2010. The company carries a complete line of PV products that are FIT and microFit compliant for the Ontario market.

www.assolarinc.com

About iEnergy  

iEnergy envisions smart and simplified solar energy solution for all.   Designed in Switzerland, the iEnergy team delivers innovative and disruptive technologies that will reshape solar energy.    Current product offerings include micro inverters and power optimizers that increase energy production, reduce design and installation, and improve system uptime and reliability.  iEnergy's pending embedded micro inverter solution and system-on-chip (SOC) will further deliver exceptional value propositions to strategic partners and investors. iEnergy; exceptional, smart, and simplified solar energy.  www.i-energy.com.tw

This press release contains forward-looking statements which reflect the Company's current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ significantly from those projected herein.  Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 

SOURCE OSM Solarform Corp.

For further information:

Investor and Media Relations
Andrea Porcelli
OSM Solar Corp.
Phone: 289-488-1699 Ext 306
Email: aporcelli@osmsolar.com

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OSM Solarform Corp.

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