Evolution Solar Completes Process of Forming Bermuda Subsidiary

Management of Evolution Solar Corp. (Pink Sheets: EVSO) announced today that the legal and administrative process of forming its new Bermuda subsidiary was completed. EVSO announced on February 8th that the Company had decided to form the new subsidiary, a step necessary for meeting contractual eligibility under Bermuda law. The move is a deliberate step forward to aggressively pursue business opportunities that will be created as a result of the Bermuda Government Solar Photovoltaic Rebate Initiative for residential users.

The Bermuda Government overtly desires to move financially and environmentally from current fossil-fuel supplies to non-fossil fuel based energy. Evolution Solar desires to play an integral role in assisting the island-nation to reduce its dependency on these expensive oil imports.

“It is one more step in a positive direction as we pursue our goal of becoming a true player in the Bermuda solar marketplace – whether it is commercial or residential applications, we want offer solutions that make sense,” said Robert Hines, President of Evolution Solar.

Evolution Solar is currently building a solar demonstration site in partnership with Texas Southern University, to be placed at the university’s Houston campus. This project should help Evolution Solar acquire new projects in an industry that is growing to compete in the energy industry, which contains the Chevron Corp. (NYSE: CVX), Valero Energy Corporation (NYSE: VLO), Exxon Mobil (NYSE: XOM) and Marathon Oil (NYSE: MRO).

About Evolution Solar Corporation

Evolution Solar Corporation, (EVSO), commercializes leading edge alternative solar energy technologies and related photovoltaic technologies, equipment and next generation appliances. Evolution Solar is an emerging industry leader capitalizing on its understanding of solar technology and supporting the development of alternative energy plans for large corporations and government organizations. Evolution Solar is also an expert consultant agency to organizations in their strategic and procurement plans for alternative energy contracts with public utilities.

For more information, visit http://www.evolutionsolar.com.

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