Sign In  |  Register  |  About Burlingame  |  Contact Us

Burlingame, CA
September 01, 2020 10:18am
7-Day Forecast | Traffic
  • Search Hotels in Burlingame

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

ONYX to Acquire Significant Stake in Optimum Solar After Spectacular Success of New Product

Onyx Service and Solutions Inc (OTCQB:ONYX) is reporting today that management is moving to secure a significant stake in the Company’s co-development partner on the revolutionary new “Plug-N-Play” all-in-one solar panel product. After publicly announcing the new Plug-N-Play product and demonstrating it in use for the press, potential buyers and distributors, the Company has received a surprisingly large amount of positive interest from all over the globe.

Optimum Solar Employees Showing Off the New Plug-N-Play All-In-One Solar Panel System (Photo: Busine ...

Optimum Solar Employees Showing Off the New Plug-N-Play All-In-One Solar Panel System (Photo: Business Wire)

Designation of the new Plug-N-Play as a “solar panel” doesn’t do justice to the true abilities of this new product. Because the Plug-N-Play consists of a solar panel, micro inverter, a battery, voltage stabilizing electronics and an AC/DC outlet - you can literally buy it off of the shelf; point the panel at the sun and plug an extension cord directly into the panel for immediate power, alleviating complicated wiring and typical installation requirements. The Plug-N-Play panels are designed to be attached to any surface with 4 screws and immediately be ready for use in single or multiple configurations. An added sales bonus is that this new product allows remote residences worldwide to now have immediate access to the power of the sun, and with the integrated battery, power is provided well after sunset.

“Located on the Asian continent, with direct access and trusted associations with multiple quality manufacturers in Shenzhen, Optimum Solar has benefitted ONYX as an active player to expand our Company’s focus on solar product development, solar product manufacturing, solar product sales and new solar technology acquisition and development,” stated ONYX President Malcolm Burleson. “This new arrangement will strengthen our aggregate abilities to provide superior engineering expertise, better manufacturing capabilities and larger distribution networks for this sensational new product. This should enable us to properly engineer, manufacture and distribute multiple models from 230 watts to 330 watts, worldwide – creating maximum revenue potential for the Company.”

Information about Optimum Solar can be found on the ONYX website at www.onyxservice.com/optimum-solar.html or directly at Optimum’s own corporate website, which can be seen at www.optimumsolar.com

Onyx Service & Solutions, Inc. acquires, develops and markets the most promising and potentially profitable energy projects and technologies possible. The ONYX mission is to manifest cutting edge energy technology, products, manufacturing advances and construction projects to successfully compete in a global energy marketplace, which includes GE (NYSE: GE), JinkoSolar (NYSE: JKS), Trina Solar (NYSE: TSL) and First Solar (NASDAQ: FSLR).

For more information on the Company see: http://www.OnyxService.com

About Onyx Service & Solutions, Inc. (OTCQB: ONYX)

Onyx Service & Solutions, Inc. is a for-profit corporation that focuses on brilliant alternative energy solutions including medium to large-scale solar construction projects, cutting edge solar technology acquisition and development, new to market solar product development, advances in solar product manufacturing, worldwide solar product sales and creative financing expertise of alternative energy related projects.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50144784&lang=en

Contacts:

Onyx Service & Solutions, Inc.
Malcolm Burleson, 303-486-6905
mburleson@onyxservice.com

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 Burlingame.com & California Media Partners, LLC. All rights reserved.