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Two Powerhouses Becoming One

Dear Valued Customer:

I am pleased to announce on February 1, 2011, DC Power Systems and Solar Depot, two strong, trusted names in renewable energy, completed the first step in our consolidation.  The boards of both companies, along with ITOCHU, our ultimate parent company, agreed to begin our journey toward full integration by placing both companies under common ownership and management.  Our combined companies will be the largest, most diverse renewable energy distributor in the Americas, carrying more products, more technologies and offering more services than any other renewable energy distributor operating in this hemisphere.

Throughout the upcoming months, you’ll gradually see changes as we integrate our operations.  Until then, it’s business as usual for you.  In some ways we will continue to operate as two separate distributors under one holding company.  You will continue to receive quotes and place your orders as you always have, speaking to the same sales and customer service people you have always relied upon.  Simultaneously, we’ll be working hard behind the scenes to integrate our policies and practices to create best-in-class warehousing, shipping and back-office operations.

Integrating two established distribution companies will take time.  As we complete the process, we will stay true to the values that have shaped both DC Power and Solar Depot:  focusing on the basics of great customer service, quality products, fair prices, abundant value-added services and a corporate culture built on working together.  On behalf of all of my coworkers, thanks for choosing Solar Depot.

Kevin Shimokobe
CEO
Solarnet Holdings, LLC