Mythos Solar Energy engages Investment Banking firm Next Generation Equity Research LLC

FOR IMMEDIATE RELEASE

Belmont, CA, June 9, 2008 — Mythos Solar Energy engaged the Investment Banking and Research firm Next Generation Equity Research LLC of Chicago, IL today to consult on an unsolicited acquisition query from a publicly traded solar industry player. The scope of the agreement includes negotiating any forthcoming offer while positioning the company to raise substantial additional capital. The agreement also includes actively seeking out additional target acquirers with the greatest synergy for a renewable energy software company.

Synergistic Combination Sought

Laura E Linser, CEO of Mythos Solar Energy said “We engaged Next Generation Research as advisors to help us find the right additional funding sources and to work with any interested parties in their due diligence process. We are obviously interested in a combination that would allow our product to enhance an acquirer’s total solution to reach a collectively larger international market. My top priority is finding the right funding source that maximizes shareholder value while simultaneously opening new markets to our product.”

Raymond P Dowd, CFO of Mythos Solar Energy said “Our financing options have improved dramatically since landing the State of California, Department of Parks & Recreation as our first customer. A possible acquisition by a module manufacturer with large international off –grid presence attempting to become vertically integrated would find Mythos the perfect target. We were immediately compelled to engage an advisor to respond to the interested party while we seek additional funds or additional suitors.

About Next Generation Equity Research LLC

Next Generation Equity Research, LLC is an equity research boutique focused on the needs of the institutional investor.  The firms’ mission is to provide unbiased, idea-driven research on small to mid cap-sized companies.  www.nextgenres.com


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.

###

Media Contact

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

Page Tools