Kender Energy Signs Major Distribution Agreement Aimed at the State of California's $2.2 Billion Solar Initiative Budget

Kender Energy Inc. (PINKSHEETS: KNDR) today announced that it has signed a multi-year distribution agreement with Sun's Free Solar, a California-based corporation specializing in the deployment of Clean Energy Production.

The State of California has attributed a total of $2.2 Billion US for its Solar Initiative with $1.7 Billion US going directly to Consumer Incentives with the objective of converting 1 million homes to solar energy by 2016. According to the company, the tax incentive, the cost, and overall savings provided by solar energy will enable consumers in California to quickly adapt the Kender Energy's solar technology.

"We are grateful to be working with such a progressive initiative started by Governor Arnold Schwarzenegger," said Sean Kelly, President & CEO of Kender Energy Inc. "Our revolutionary solar technology places us at the forefront of the million home program and we expect a large market share for our company as the program continues to be deployed."

About Kender Energy Inc.:

Kender Energy Inc. is a development phase company active in the field of solar energy. Its present prototypes of solar panels are being developed into a full-scale solar energy production system. The particularity of the Kender solar panel system and technology is to allow, via a closed circuit of gas (usually helium), to create a heat exchange with the sunlight and the air from the environment. The exchange generates the spinning of the helium gas in the closed circuit, propelling a turbine, which produces electricity in a 100% clean and renewable process. The system's main advantages are that it is efficient, cheap in production, and modular. The company is based near Geneva, Switzerland. Its Website is http://www.kendersolar.com/.

Safe Harbor Statement

All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.

Pinksheetguru.com offers a wide variety of services to both investors and public companies. Whether you are an investor seeking an investment opportunity or a public company seeking to reach the investment community, www.Pinksheetguru.com can bridge the gap. We encourage investors to take advantage of our trading tools. You may perform your own DD to help make the right investment choices. Visit our “Market Education” page to better educate yourself in order to become a more profitable investor. Pinksheetguru.com goal is to provide investors and stockbrokers with timely financial news, data and links to valuable investment tools (i.e., stock quotes, stock charts, stock research, stock message boards, etc.) to assist in making informed decisions about small cap investments.

Release of Liability: Through use of this website viewing or using you agree to hold www.PinkSheetGuru.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data.  PinkSheetGuru.Com affiliates may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice which may negatively affect the market.  PinkSheetGuru.Com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and www.PinkSheetGuru.Com makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. PinkSheetGuru.Com, nor any of its affiliates are not registered investment advisors or a broker dealers.