For Wednesday June 27th, 2007

THIS JUST IN

Solana Beach, Calif., June 26, 2007 (MARKETWIRE) Open Energy Corp. (OTCBB: OEGY) a renewable energy company focused on solar technologies, wishes to advise that Mayor Jerry Sanders today announced the official formation of CleanTECH San Diego, a non-profit trade association that will foster and build an energy and environmental technology cluster in the greater San Diego region. The organization will be incubated at CONNECT, San Diego's globally recognized technology and business accelerator.

The Mayor said, "CleanTECH San Diego will nurture and accelerate the growth of companies with environmentally friendly technologies and foster sustainable development and green enterprises. That will allow San Diego to reduce our dependence on foreign oil, combat the effects of global warming and create cleaner, safer workplaces and living environments."

Interim Chairman of CleanTECH San Diego, Duane Roth said, "CONNECT's commitment to creating and sustaining the growth of the region's innovative technology-based businesses makes the founding of this association in San Diego a necessity. CleanTECH San Diego will identify the key challenges facing emerging renewable energy businesses in the San Diego region and pursue effective solutions." Roth is CEO of CONNECT.

David Saltman, CEO of Open Energy, adds, "As an environmental company headquartered here, we are honored to join the CleanTECH Board of Directors, and to support its agenda. San Diego is one of the most beautiful and biologically diverse regions in the world, with internationally recognized biotech and IT companies, renowned universities and research institutions, and progressive communities that can work together to generate jobs and protect the environment. Clean tech is here to stay, and San Diego can lead the way."

The launch announcement for CleanTECH San Diego will be made at William Lyon Home's "Green Community" in Clairemont Mesa, San Diego on Thursday, June 28.

The community was inspired by the city's Sustainable Building Policy Expedite Program and features Open Energy's SolarSave photovoltaic tiles on all 77 units. The tiles convert sunlight directly into electricity and deliver about 50% of the power requirements of the development. Other features include tankless water heaters and more efficient heating and ventilation systems.

Open Energy (OTC BB:OEGY) is a renewable energy company, offering building-integrated photovoltaic (PV) roofing materials for commercial, industrial, and residential markets. Marketed under the trade name SolarSave®, the product line includes roofing membranes, roofing tiles, custom architectural PV glass, and balance of systems equipment such as inverters, combiners, and accessories. Francis Gaskins at IPOdesktop features Open Energy and provides an Analyst Report for the company.

Francis Gaskins
    ... the Internet's most Experienced Interviewer

Francis Gaskins, a seasoned financial analyst, is noted as the Internet's most experienced, analytical web cast producer and interviewer. Often quoted, his scope of influence includes editor (IPOdesktop), Talk Radio, Internet TV, and Video Productions, plus numerous articles and opinions published in the nation's financial media.

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for professional money managers and individual investors.
• One of 'Forbes Best IPO Sites'.
• Widely quoted by the IPO media including the Wall Street Journal, Dow Jones Business News, Dow Jones Newswires, Reuters, USA Today, TheStreet.com, CBS MarketWatch.

National Media Exposure

·   IPOdesktop editors are quoted by The Wall Street Journal, Dow Jones Newswires, MarketWatch, Reuters, USATODAY, and others. IPO Hardball!, the weekly podcast, is hosted by Gaskins at Streetiq.com 

·   Gaskins himself often appears as a guest IPO commentator for CNBC and Bloomberg Television. 

Internet Radio

• Co-host for the weekly IPO Hardball! Internet radio show, also broadcast from CBS Marketwatch.
• Business & financial talk show host at WorldTalkRadio.

Education & Experience
• Harvard University Master of Business Administration (Finance).
• Princeton University A.B. (Economics).

Seasoned team leader: extensive experience in sales, marketing, pre-IPO financial analysis and valuations, fund raising, forecasting and budgeting, strategic modeling, general ledger and preparation of financial statements, market research.

Internet Television
• Packages virtual road shows.


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Other
• Board level positions included software, professional services and industry associations, including a 200-member group of high technology CEOs.
• Finished four marathons and numerous 10ks.
• Plays in the first violin section of the Santa Monica Symphony. Violin Picture

To view the full analyst report, please visit:  http://www.gaskinsco.com/linkto-oegy.shtml

For Complete Coverage on OEGY: www.liquidstockreport.com

Research initiation from IPOdesktop.com

Los Angeles, CA -- (PRIME NEWSWIRE)—June 19, 2007 Open Energy Corp. (OEGY.OB) Analyst Report is available from IPOdesktop.com, which is initiating research.

Open Energy offers building-integrated photovoltaic (PV) roofing materials for commercial, industrial, and residential markets. Marketed under the trade name SolarSave®, the product line includes roofing membranes, roofing tiles, custom architectural PV glass, and balance of systems equipment such as inverters, combiners, and accessories

REPORT LINK

IPOdesktop research report
http://www.gaskinsco.com/linkto-oegy.shtml

About IPOdesktop

http://IPOdesktop.com
IPOdesktop.com, the leading provider of independent IPO research for professional money managers and individual investors, also produces the IPO Hardball radio program.
In the 'Analysts Corner' at IPOdesktop.com, research reports are available for both recent IPOs and emerging companies.
http://gaskinsco.com/linkto-analysts-corner.htm
IPOdesktop editors are quoted by The Wall Street Journal, Dow Jones Newswires, MarketWatch, Reuters, USATODAY, and others. IPOdesktop editors also co-host financial programs at StreetIQ.com.

About Open Energy

Open Energy Corporation (OTC BB: OEGY) is a renewable energy company focused on the development and commercialization of a portfolio of technologies capable of delivering low-risk, cost-competitive electricity, fresh water and related commodities on a global basis. Open Energy offers building-integrated photovoltaic (PV) roofing materials for commercial, industrial, and residential markets. Marketed under the trade name SolarSave®, the product line includes roofing membranes, roofing tiles, custom architectural PV glass, and balance of systems equipment such as inverters, combiners, and accessories. The Company also holds an exclusive, worldwide license to a solar thermal technology called SunCone™ CSP (Concentrating Solar Power), which is currently being developed to generate potable water and distributed power. The company’s mission is to enhance life by harnessing the power of the sun. For more information on Open Energy Corporation, please visit www.openenergycorp.com.

WHY RENEWABLE ENERGY

Market Overview

In many ways, Open Energy Corporation is simply following in the footsteps of industrial giants such as BP, Shell, GE, Sharp, Siemens, and others who have made significant investments in wind, solar, bio-fuel, and hydrogen alternatives. Escalating oil and gas prices, political instability in the Middle East, growing concerns about the impacts of global warming, and clear public support for energy alternatives have all contributed to renewable energy becoming one of the most rapidly growing sectors of the global economy.

In 1995, Royal Dutch Shell predicted the decline in fossil fuel reserves and the emergence of renewable energy alternatives. Open Energy Corporation intends to become a significant contributor to this “green” growth curve.

Incentives for Solar Energy

Most 50 states and the District of Columbia offer financial incentives to help support solar energy investment. As of July 2006, California provides a $2.20 per watt rebate. This can result in savings of up to 50% on the system’s total purchase price. In other states, the incentives can be even more generous. For example, New Jersey currently offers rebates of $5.50 per watt, resulting in net savings of as much as 70%. For information on state and federal net metering, cash rebates, accelerated depreciation, tax incentive programs, feed-in tariffs, and renewable energy (“green”) credits, consult the Database of State Incentives for Renewable Energy, funded by the U.S. Department of Energy at www.dsireusa.org.

Solar Energy Benefits

Economic Benefits: Delivers power at a fixed price over twenty years versus the escalating and unpredictable costs of oil, gas, and grid electricity. Lessens our collective dependence on foreign oil imports, contributing to the balance of trade, and to national energy security. Creates local jobs.

Environmental Benefits: Slows the burning of fossil fuels, the largest contributor of green house gas emissions, and air pollution. Preserves natural habitats that are often damaged or destroyed by oil, gas, and coal exploitation. Saves forests that are often cut down for cooking and heating purposes.

Social Benefits: Provides vital resources to the millions of people worldwide who lack access to reliable power or safe drinking water. Increases availability of electronic communications and can help stem mass migration to crowded urban centers.

PRODUCTS

SOLARSAVE® ROOFING MEMBRANES

Open Energy’s SOLARSAVE® Roofing Membrane is a unique product that enables to maintain the natural look of your property while generating clean, safe, efficient electricity from the sun. SOLARSAVE® Roofing Membranes can be easily installed on commercial, institutional, industrial, and residential structures, making it an ideal solution for your renewable energy project.

Features & Benefits

SOLARSAVE® ROOFING TILES

Open Energy’s SOLARSAVE® Roofing Tile is a unique product that enables to maintain the natural look of your property while generating clean, safe, efficient electricity from the sun. SOLARSAVE® Roofing Membranes can be easily installed on residential, commercial, institutional, and industrial structures, making it an ideal solution for your renewable energy project.

Features & Benefits

SOLARSAVE® ARCHITECTURAL PV GLASS

Open Energy Corporation also designs and manufactures custom PV glass laminates to meet the aesthetic, performance, and structural requirements of architects and design professionals. Sizes, shapes, and design configurations can be built to match virtually any specification available today, allowing for a direct substitution for monolithic, laminated, or insulated glass panels. It is often desirable to achieve translucency in photovoltaic skylight applications. While a standard photovoltaic cell is an opaque 125 mm2 square, the cells can be arranged within a clear glass panel to provide appropriate light levels and shading coefficients. A wide variety of colors, thickness, patterns, and shapes can be produced.

Company Essentials:

Symbol	OEGY.OB
Stock Price Close	$0.47 0.00 (1.09%) volume353,037
52 Week Range	$0.60 - $2.53
Website	http://www.openenergycorp.com/
Quote	http://finance.yahoo.com/q?s=OEGY.OB