Solar Acquisition announces plans to acquire assets of Clean Power, Inc.

5 February 2010 - Solar Acquisition Corp. (SLRX) said it has entered into a letter of intent to acquire assets of Clean Power, Inc. (CleanPower), a Florida corporation. Clean Power is engaged in the development of turnkey solutions for renewable energy projects for municipalities and local governments in the United States.

Solar Acquisition expects that the consideration for the acquisition will be paid in restricted stock and cash. The letter of intent is not a final contract, and is subject to due diligence prior to any closing of a definitive final agreement.

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