CBD Energy Subsidiary Westinghouse Solar Signs Exclusive Agreement To Offer Solar Systems To API's 165,000 Clients

SYDNEY, Sept. 29, 2014 /PRNewswire/ -- CBD Energy Limited (NASDAQ: CBDE), a diversified clean energy company and leading global provider of solar systems, has entered into an exclusive agreement with API Leisure & Lifestyle (API) through which Westinghouse Solar systems will be directly marketed to all API clients and members. API is Australia's leading provider of Employee Benefits Programs. API delivers an extensive program of benefits to the staff of many of the most progressive Australian companies.

CBD Executive Chairman, Gerry McGowan said "This is a huge opportunity for Westinghouse Solar to access potential customers affordably and in conjunction with their existing and trusted program supplier. On average, a Westinghouse Solar residential customer generates revenues of between $8,000 and $10,000 per system sold so this represents a significant opportunity for CBD to further penetrate the Australian residential solar market."

API has over 95 years of experience in developing and implementing successful employee benefits programs. API has offices in every state in Australia and offers members thousands of lifestyle and financial benefits nationwide.

API CEO, Malcolm Harley said "API is pleased to be associated with Westinghouse Solar, a respected world-wide brand. This program offers our employee benefits clients and their staff the opportunity of generating their own electricity in an economic and sustainable way."

About CBD Energy Limited (NASDAQ: CBDE)
Established in 1989, CBD Energy Limited is a diversified renewable energy company and a global leader in solar installations. Powered by a management team with deep experience in the energy sector and strong engineering capabilities, CBDE is focused on the integration of residential solar, commercial and industrial solar, small utility scale solar and wind projects, in three principal markets - Australia, the United Kingdom and the United States. CBDE markets its residential and commercial solar installations under the name Westinghouse Solar, using the WESTINGHOUSE® trademark pursuant to an exclusive, long-term worldwide license.

Headquartered in Sydney, with principal regional offices in London and New York, CBDE has completed projects across four continents in Australia, Fiji, Germany, Italy, New Zealand, Thailand, the United Kingdom and the United States, CBDE has installed more than 17,000 residential systems and developed large renewable energy projects such as the 107MW wind farm in Taralga, NSW. For further information on CBD Energy Limited and Westinghouse Solar, please visit:

Caution Concerning Forward-Looking Statements

This news release contains forward-looking statements. Such forward-looking statements can be identified by, amongst other things, the use of forward-looking language, such as the words 'plan', 'believe', 'expect', 'anticipate', 'intend', 'estimate', 'project', 'may', 'would', 'could', 'should', 'seeks', or 'scheduled to', or other similar words, or the negative of these terms, or other variations of these terms or comparable language, or by discussion of strategy or intentions.

The forward-looking statements in this release include statements regarding the potential for increased sales resulting from the agreement with API.  Such forward-looking statements are subject to various risks, as well as those set forth in the Corporation's most recent Form F-1, as filed with the U.S. Securities and Exchange Commission (SEC), and involve assumptions, estimates, and uncertainties that reflect current internal projections, expectations or beliefs. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. All forward-looking statements contained in this news release are qualified in their entirety by these cautionary statements and the risk factors described above. Furthermore, all such statements are made as of the date of this release, and CBD Energy Limited assumes no obligation to update or revise these statements unless otherwise required by law.

SOURCE CBD Energy Limited

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