SAN MATEO, Calif., June 16, 2006 — Mythos Solar Energy today announced the completion of its first round of financing, with privately placed securities totaling $950,000. The funds will enable Mythos to execute the first stage of its business plan, to prepare to launch and market its products globally, and ultimately, to sell its common stock to public investors.

Investors Enthusiastic About Solar

The amount raised clearly indicates investors’ interest in solar energy ventures, said Mythos CFO Raymond Dowd.

“We are pleased to close this first round of financing so successfully, as it shows a strong appetite for solar energy deals among private investors,” said Dowd. “It also signals a high degree of confidence in our company and our products.”

About Mythos

Mythos Solar Energy has been making solar simple since 2006. A leading innovator in renewable energy systems, Mythos provides reliable, cost-effective power solutions to commercial, governmental and residential customers — integrating clean, renewable energy with intelligent management and backup of grid-based electricity. The company’s products and services are available in all 50 U.S. states and 110 countries worldwide. For more information, visit www.mythossolar.com.

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Media Contact

Laura Linser
Mythos Solar Energy
+1 (650) 787-2512