Andalay Solar Awarded Korean Patent on its Mounting System Technology
SAN JOSE, Calif., March 16, 2015 /PRNewswire/ -- Andalay Solar (OTCQB: WEST), a leading supplier of integrated solar power systems, is proud to confirm that the Korean Patent Office has issued Andalay its first Korean patent in recognition of the company's unique technology.
Korean Patent No. 10-1497298 was issued on February 24, 2015. It covers the Andalay Solar module frames, specifically its unique method for installing solar panels using Andalay's Instant Connect, plug-and-play wiring technology. Some of the patented attributes of the integrated solar system identified in the Korean patent include:
- Providing an aesthetically pleasing solar system
- A module frame that substitutes for a rail that would otherwise need to have been installed on the roof
- Threaded splices that both connect the solar modules as well as provide for mechanical rigidity and electrical grounding
- Minimal amount of parts to promote easier solar installation
- Integrated wire management to enable easier and safer installations as well as minimize future electrical issues
While the majority of the Andalay systems have been sold within the United States, Andalay systems have been sold and installed in various regions around the world, including Mexico, the Caribbean, and South America. The international market presents additional opportunities for Andalay which has patents pending in various countries with key rooftop solar markets. South Korea is also where the Andalay compatible modules is expected to be produced by Hyundai Heavy Industries under license by Andalay. The new Hyundai-branded TG-Series solar modules would use 60-cell monocrystalline or polycrystalline technology (255w-280w) with a black Andalay frame.
"We are pleased to have received this patent for our integrated mounting system not only from the US, but also internationally, now from Korea. With this news, Andalay continues to be one of leaders of integrated solar power systems. We are also continuing our goal to make solar system installation easier and faster to install for everyone," said Steven Chan, President and CEO of Andalay Solar.
Andalay Solar products can be found at Amazon.com, Lowes.com, and www.andalaysolar.com.
About Andalay Solar: (OTCQB:WEST)
Founded in 2001, the Company is a designer and manufacturer of integrated solar power systems. The Company has been a pioneer in the concept of integrating the racking, wiring and grounding directly into a solar panel. The company's AC solar panel reduces the number of components for a rooftop solar installation by approximately 80% and lowers labor costs by approximately 50%. This AC panel, which won the 2009 Popular Mechanics Breakthrough Award, has become the industry's most widely installed AC solar panel. The Company currently sells its new generation of "Instant Connect®" products in both AC and DC format which provide the best combination of installation speed, performance and reliability. For more information on the Company, visit www.andalaysolar.com.
Forward-Looking and Cautionary Statements - Safe Harbor
Statements made in this release that are not historical in nature, including those related to market acceptance of products, constitute forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of words such as "expects," "projects," "plans," "will," "may," "can," "anticipates," believes," "should," "intends," "estimates," and other words of similar meaning. The statements are subject to risks and uncertainties that cannot be predicted or quantified, and our actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks associated with claims of speed and ease of installation, the timing of when Andalay technology will be available in Korea, the sales in international markets and the production of Andalay compatible modules by Hyundai. All forward-looking statements included in this release are made as of the date of this press release, and Andalay Solar assumes no obligation to update any such forward-looking statements.
SOURCE Andalay Solar, Inc.
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