Apparel giant’s new warehouse will boast 500-kw solar system
Rahway, NJ, March 3, 2020 – Spectacular Solar, Inc. (OTC PINK: SPSO), is pleased to announce that the company has completed a deal to install a $1 million, 500-kilowatt solar package for the clothing magnate Ten West Apparel.
Providing service and goods for over 40 years to 50,000 retail stores, the family-owned Ten West will now be housing their inventory in a new warehouse in Somerset. Ten West Apparel features primarily men’s and boy’s clothing and their showroom is located in the heart of New York City on 33rd Street.
“I know I have used the ‘win-win-win’ scenario before but it is so relevant in each of these contracts we sign,” said Spectacular Solar CEO Doug Heck. “The Gadeh family saves money helping their bottom line, the environment gets another boost of clean energy and of course, our shareholders benefit as our bottom line increases.”
While Heck has a certain appreciation for each project that is signed, the deal with Ten West Apparel has a special meaning, as this is a company that was built from the ground up and there are plenty of similarities in the two companies’ business models.
“They have stuck to their business model and have grown an amazing company by providing competitive pricing, great customer service and their executive team plans as well as any group I have ever seen,” Heck said. “I know our business model works today, will work tomorrow and beyond and I hope I can look back in 40 years and see that I laid the foundation for something really special.”
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Investor Relations/Media Contact: Gregg Boehmer: firstname.lastname@example.org
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About Spectacular Solar, Inc.: Spectacular Solar is a diversified company involved in solar system installations, investment fund management, and roofing contracting through its subsidiaries. Spectacular Solar designs and installs state-of-the-art solar conversions for home and business owners. Star Power Services is a bonded and licensed roofing contracting company with expertise in new roof installation, repairs, and maintenance. The Solar Energy Investors Fund contributes to the ongoing insurance expenses directly associated with installation of solar systems. In return, the fund receives a share of tax benefits and ongoing revenue generated from electricity sales.
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This release contains forward-looking statements that relate to future events or performance. These statements reflect the company’s current expectations and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. The company doesn’t undertake to update or revise these forward-looking statements, even if experience or future changes make it clear that any projected results, expressed or implied, in this or other company statements will not be realized. Readers are cautioned that these statements involve risks and uncertainties, many of which are beyond the company’s control, which could cause actual results to differ materially from the forward-looking statements. Factors that could cause these differences include, but are not limited to, the acceptance of our products, lack of revenue growth, failure to realize profitability, inability to raise capital and market conditions that negatively affect the market price of our common stock. The Company disclaims any responsibility to update any forward-looking statements.