SOURCE: Sunrise Consulting Group, Inc.

Jun 01, 2009 08:00 ET

Sunrise Consulting Group Inc. Close to a Major Acquisition and Intends to Form a New Subsidiary "United Power Solar"

NEWPORT BEACH, CA--(Marketwire - June 1, 2009) - Sunrise Consulting Group, Inc. (PINKSHEETS: SNRS), announced today that they are still exploring possibilities with China-based solar panel manufacturer "Sunrise Solar Tech." The company also believes that they will be able to announce a major acquisition of a U.S.-based solar company within 2 weeks. The company is still exploring partnerships through joint ventures and/or strategic alliances with U.S.-based solar companies.

Sunrise also announced today that they intend to launch a new wholly owned subsidiary within the next few months, and that they have been negotiating a consultancy contract with someone with vast experience in the solar industry.

The new subsidiary will be named United Power Solar, and will be a U.S. corporation which will focus its energy on obtaining a sizeable portion of the U.S. market share for residential solar systems.

Sunrise will be looking for new management with experience in the solar industry. There was a management change a few months ago, and those changes are now finally being updated on all of the reporting sites.

Interim CEO Alan Rothman commented, "We are excited to announce these developments and we are very pleased with the company's direction. We believe that the establishment of this new subsidiary in conjunction with a new seasoned management team will catapult the company's chance for success."

ABOUT SUNRISE CONSULTING GROUP, INC.

Sunrise Consulting Group's mission is to get involved in the Solar Industry in the fastest and most productive and profitable way possible.

For more information email info@sunriseconsultinggroup.net or go to the website www.sunriseconsultinggroup.net

Safe Harbor Statement: This release contains forward-looking statements with respect to the results of operations and business of Sunrise Consulting Group, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.

Contact:
Alan Rothman
949-209-8922
Sunrise Consulting Group, Inc.
Email Contact