ICP Solar to launch Coleman(R) Solar Generator Kit at selected Costco Stores

    New independent and backup power kit designed for RV, cottage and
tailgating enthusiasts

    MONTREAL, November 5 /CNW/ - ICP Solar Technologies Inc. (OTCBB: ICPR,
FRANKFURT: K1U), a developer, manufacturer and marketer of solar cells and
products, today announced that in partnership with Costco it will introduce
the Coleman(R) solar power kit into selected Canadian stores in Spring 2008.

    "The Coleman(R) name is synonymous with high-quality, innovative products
and their decision to partner with ICP Solar is a strong validation of our
commitment to produce the best, most convenient solar chargers," said Sass
Peress, CEO, ICP Solar. "Our partnership with Costco Canada provides an
important high quality distribution partner for reaching Canadian consumers.
We are confident that their market position and distribution expertise will
give us added advantage and help us increase the awareness of how solar
products can provide an environmentally sound way for people to continue to
enjoy all their daily activities wherever they are."

    "This new product is complemented by other new ICP Solar product
additions to the Costco Canada and USA webstores," said Tom Clark, VP Consumer
Products- North America at ICP Solar. "We have designed them all to benefit
from Costco's vast distribution capabilities to reach consumers, offering an
unprecedented range of selection."

    About Costco

    Costco Wholesale Corporation operates an international chain of
membership warehouses, mainly under the "Costco Wholesale" name, that carry
quality, brand name merchandise at substantially lower prices than are
typically found at conventional wholesale or retail sources. Costco currently
operates 520 warehouses, including 385 in the United States and Puerto Rico,
71 in Canada, 19 in the United Kingdom, five in Korea, four in Taiwan, six in
Japan and 30 in Mexico. The Company also operates Costco Online, an electronic
commerce web site, at www.costco.com and at www.costco.ca in Canada.

    About ICP Solar Technologies, Inc.

    ICP Solar is a developer, manufacturer and marketer of solar cells and
solar cell based products and building materials. Through the application of
next-generation technologies and use of proprietary intellectual design the
Company aims to be the industry's innovation leader. For the past 19 years,
ICP Solar has led the consumer market through innovation and has now begun to
apply that same philosophy to the OEM, rooftop and power generation segment of
the solar industry .ICP Solar's management has over 50 years of experience in
the renewable energy sector. The company's headquarters are located in
Montreal, Canada, with additional locations in the USA, Spain, Ireland and

    Corporate information may be found at www.icpsolar.com

    The forward-looking statements herein include, but are not limited to,
the expected expansion of our solar solutions into Europe Middle East, Asia
and Africa. Our actual results may differ materially from those implied in
these forward-looking statements as a result of many factors, including, but
not limited to, overall industry environment, customer acceptance of our
products, delay in the introduction of new products, further approvals of
regulatory authorities, adverse court rulings, production and/or quality
control problems, the denial, suspension or revocation of permits or licenses
by regulatory or governmental authorities, termination or non-renewal of
customer contracts, competitive pressures and general economic conditions, and
our financial condition. These and other risks and uncertainties are described
in more detail in our most recent SB-2 filing with the Securities and Exchange
Commission. Forward-looking statements speak only as of the date they are
made. We undertake no obligation to update or revise such statements to
reflect new circumstances or unanticipated events as they occur, except as
required by applicable laws, and you are urged to review and consider
disclosures that we make in the reports that we file with the Securities and
Exchange Commission that discuss other factors germane to our business.

For further information:

For further information: ICP Solar Laurent Lafite, 514-270-5770
Llafite@icpsolar.com or Lippert/Heilshorn & Associates Jody Burfening/Elric
Martinez, 212-838-3777 emartinez@lhai.com

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