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Armageddon Energy Announces a Strategic Relationship with Tyco Electronics

Relationship to Deliver Easy, Affordable Solar Energy to Consumers by Accelerating Mass Market Availability of the SolarClover

ATHERTON, Calif.--(BUSINESS WIRE)--Armageddon Energy, developer of affordable modular solar energy systems, today announced a strategic investment and collaboration with Tyco Electronics, a leading global provider of engineered electronic components, network solutions, specialty products and undersea telecommunication systems. The relationship will accelerate the commercial release of Armageddon Energy’s innovative SolarClover™ solar energy system, and signals Tyco Electronics’ continued commitment to developing and supporting new products for the residential solar market. The companies also signed a strategic supply agreement for the innovative plug-in electrical connectors that enable the SolarClover’s exceptionally rapid and reliable installation. “Tyco Electronics brings a wealth of knowledge and global resources to this strategic relationship, along with an incredible focus on improving the state of the art in solar” The SolarClover is a modular 1-kW AC solar energy system that can be easily installed by non-specialists, including electricians, roofers and general contractors. By significantly reducing the cost of installing a residential solar system and by lowering the minimum profitable scale of installations, the SolarClover addresses a much larger market for residential solar. In addition, by focusing on smaller systems that offset costly peak power, the SolarClover improves financial and environmental returns for consumers and utilities. The SolarClover is scheduled for commercial release late this year. “We are confident about the prospect for dramatic and sustained growth in the largely underdeveloped small-scale residential solar market,” said Randy Bahr, vice president of Alternative Energy Solutions for Tyco Electronics. “Tyco Electronics has the engineering expertise and worldwide manufacturing capabilities needed to support this emerging and growing market. We’re very excited to be working with an innovator like Armageddon Energy to deliver compelling products for the mainstream consumer solar power market.” “Tyco Electronics brings a wealth of knowledge and global resources to this strategic relationship, along with an incredible focus on improving the state of the art in solar,” added Armageddon Energy CEO Mark Goldman. “Their ability to rapidly deliver new components that meet our product needs while also meeting the stringent demands placed on solar equipment is unparalleled. We’re thrilled to have their support.” As part of the relationship, Tyco Electronics will provide components to help deliver a complete SolarClover solution to the market and will assist with safety and regulatory certifications. The companies will also share information on customer requirements in the residential solar market and cooperate on distribution to various customer segments. About Tyco Electronics Tyco Electronics Ltd. is a leading global provider of engineered electronic components, network solutions, specialty products and undersea telecommunication systems, with fiscal 2009 sales of US$10.3 billion to customers in more than 150 countries. We design, manufacture and market products for customers in a broad array of industries including automotive; data communication systems and consumer electronics; telecommunications; aerospace, defense and marine; medical; energy; and lighting. With approximately 7,000 engineers and worldwide manufacturing, sales and customer service capabilities, Tyco Electronics' commitment is our customers' advantage. More information on Tyco Electronics can be found at http://www.tycoelectronics.com/. About Armageddon Energy Armageddon Energy is the developer of the SolarClover, a modular solar energy system that is attractive, affordable and easy to install. The SolarClover features lightweight, breakage resistant hexagonal solar panels and easy to assemble, exceptionally stable triangular racks. The SolarClover system is designed to be installed by non-specialists like electricians, roofers and general contractors using the tools and training they already possess. With a basic system size of 1-kW AC, the SolarClover is designed primarily to offset expensive peak electricity demand and improve grid stability. Contacts Armageddon Energy Cariad Thronson, 650-344-1861 cariad@armageddonenergy.com