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PRESS RELEASE: Silver Eagle Manufacturing partners with GlobalWatt for Defense and National Guard's Strategic Power Markets

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Silver Eagle Manufacturing partners with GlobalWatt for Defense and National Guard's Strategic Power Markets

Portland, Oregon (04/26/11) - GlobalWatt Inc., a manufacturer of solar applications for specialty markets, and Silver Eagle Manufacturing Company, a global leader in military trailer manufacturing, today announced a partnership agreement to integrate GlobalWatt’s mobile solar system onto Silver Eagle’s Defense and Homeland Security-qualified transport systems.

Under the agreement, GlobalWatt will offer retrofit solar sub-systems to be integrated onto Silver Eagle trailers supplied to the United States National Guard and Department of Defense. Silver Eagle will private label these solar products, including GlobalWatt’s stowaway "The Avanti (4kw)" solar system. The two companies will also partner in the design and engineering of GlobalWatt’s “Sun Pad” product line, a single-axis-tracking 5kw modular unit mounted on a transportable and scalable platform.

"This Partnership is truly an immediate all-win agreement because it expands Silver Eagle product offerings to address the growing solar needs of the National Guard and the Dept of Defense,” said Jay Wilson, Silver Eagle president and CEO. “Silver Eagle’s 75 years of manufacturing experience provides a rugged and defense-qualified transport system which is critical to the rapid deployment of GlobalWatt's Mobile Solar Systems.

“GlobalWatt’s ability to make retrofit solar sub-systems to meet our existing trailer products fits a market niche that Silver Eagle can use effectively and immediately,” Wilson added.

“We are fortunate to have Silver Eagle Manufacturing as our mobile platform provider for our Avanti products,” said Sanjeev Chitre, President and CEO of GlobalWatt.

“Silver Eagle is well-entrenched in the defense marketplace and their products meet the needs of both the National Guard and the Department of Defense. This agreement capitalizes both companies’ strengths and creates impressive business opportunities,” Chitre said.

Headquartered in San Jose, CA, GlobalWatt has solar production operations in Saginaw, MI. Silver Eagle’s manufacturing operations are in Portland, Oregon.

"Both companies are expected to benefit significantly from the growth of the mobile power markets they will jointly serve including the large emerging markets for the Sun Pad," said Retired General Roger Burrows, managing partner at Venture Management Services, LLC, which enabled this relationship.

About Silver Eagle Manufacturing Company
Silver Eagle, based in Portland, Oregon, is the global leader in the development, design and integration of military trailers and material handling solutions behind the prime mover. In business since 1936, Silver Eagle has a 75-year history of exceeding the needs of the U.S. and international militaries, over-the-road trucking fleets and law enforcement agencies. The company is ISO 9001:2008 certified. For more info visit www.silvereaglemfg.com.

About GlobalWatt, Inc.
Global Watt is a vertically integrated manufacturer of crystalline silicon solar modules that are used in a variety of market segments such as grid-connected, off-grid and specialty applications. The Company's focus will be to develop and engineer cutting edge solar powered products designed for use in the military, disaster relief, emergency response, and conventional off-grid scenarios. Global Watt is headquartered in San Jose, CA, with its main operation facility located in Saginaw, MI. For more information please visit www.globalwatt.com.