ICP Solar Technologies Inc. (OTCBB: ICPR.OB, FRANKFURT: K1U.F), a developer of solar panels and products, today announced that it has signed a global licensing agreement with Energizer (NYSE: ENR).
Under the terms of this agreement, Energizer, one of the world’s largest manufacturers of batteries and flashlights, will grant ICP Solar the global rights to its trade name for solar-powered chargers and related products. The three-year agreement takes effect immediately.
ICP Solar CEO Sass Peress said, “We will begin rolling out products in North America as soon as the third quarter and anticipate these sales will further bolster our financial performance heading into 2010. We plan to launch two dedicated websites–www.energizersolar.com and www.energizersolar.eu–later this year, as the international nature of this agreement is expected to provide immediate access to a host of new geographic markets. Energizer®-branded solar chargers will be sold in tandem with rechargeable batteries, serving the growing demand for renewable, portable power.”
ICP Solar also markets its products under its Sunsei® brand of solar products and is the North American licensee of the Coleman® brand in the solar charger category.
The company’s headquarters are located in Montreal, Canada, with an R&D center in St. John’s Canada and additional locations in the USA, Ireland, France and the UK.
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