CBD Energy and Westinghouse Solar Receive 5MW Order From Australia's Largest Whitegoods, Electrical Retailer, Harvey Norman, Commercial Division

Westinghouse Solar, Inc. WEST and CBD Energy Ltd. CBD, a diversified renewable energy company, today jointly announced an agreement to begin distributing Westinghouse Solar Instant Connect™ Solar Power Systems to Harvey Norman Commercial Division. Westinghouse Solar CEO Margaret Randazzo commented, "We are excited to see such early and significant results of the collaborative efforts of CBD in marketing our products. To put this agreement in perspective, this order results in an increase that more than doubles our volume of shipments from the preceding year. Additionally, this demonstrates how we can leverage the global model and international market access that CBD offers, and gives us the opportunity to grow revenue outside the US market without punitive tariffs." "We have high regard in the brand and multi award winning technology that Westinghouse Solar offers," said Gerry McGowan, Managing Director and CEO of CBD. "While CBD has been the main supplier of solar panels to Harvey Norman Commercial Division for a number of years, the size and scope of this agreement validates our assessment that there is an appetite for Westinghouse Solar's innovative products in the Australian market. Harvey Norman Commercial Division recognized the superior ease of use and safety of the systems, combined with the strength of the Westinghouse brand. The results of this activity clearly illustrate that Westinghouse Solar product is well positioned to be a global class leader," Mr. McGowan said.