LAS VEGAS, June 24, 2009 (GLOBE NEWSWIRE) — President Obama held a nationally televised press conference in which he enthusiastically pledged his support for clean energy, specifically citing solar as a prime example. The president also stated that he would be in support of legislation that would greatly assist clean energy providers. We intend to monitor the situation to see what form this legislation, expected to be voted on Friday, takes shape if passed.

A profile featuring emerging solar company Solar Energy Initiatives, Inc. (OTCBB:SNRY) and of interest to investors of solar industry leaders Evolution Solar Corporation (Pink Sheets:EVSO), LDK Solar (NYSE:LDK), Suntech Power Holdings Co., Ltd. (NYSE:STP), XsunX Inc. (OTCBB:XSNX), and U.S. Geothermal (AMEX:HTM) is available at the link below:

http://smallcapsentinel.com/SNRY

What was already a very positive market appetite for clean energy and solar just got an enormous shot in the arm. The president’s remarks will certainly foster beneficial buzz in nightly newscasts and Thursday papers and of course, passage of the bill will extend the message further. But more importantly, the climate – pardon the pun – for clean energy continues to improve.

The situation recalls the early spread of the web. Investors will recall the early to mid-’90s when you started to hear the words “Internet” or “email” or “chatting.” And then all of a sudden it was everywhere. We believe that clean energy is at such a seminal beginning where we are still in the very early stages of adoption. If President Obama has his way, these early stages will transcend into something far more impactful very, very soon.

Solar Energy Initiatives (OTCBB:SNRY) was formed to execute on a grass roots campaign, “RENEW THE NATION”, to help redeploy a portion of the U.S. work force and focus on reducing the world’s dependence on fossil fuels by selling solar thermal and photovoltaic (PV) technologies, while building a profitable company.

For more on SNRY visit: www.SolarEnergy.com

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