LOUISVILLE, Colo., Feb. 21, 2014 (GLOBE NEWSWIRE) -- Real Goods Solar, Inc. (Nasdaq:RSOL) d/b/a RGS Energy, a nationwide leader of turnkey solar energy solutions for residential, commercial, and utility customers, will change the ticker symbol for its Class A common stock listed on the NASDAQ Capital Market from "RSOL" to "RGSE," effective upon market open on Monday, February 24, 2014.
The CUSIP number for the company's Class A common stock (75601N104) will remain unchanged.
"Our new stock symbol reflects our recent commercial rebranding from Real Goods Solar to RGS Energy," said Kam Mofid, the company's CEO. "The brand RGS Energy, previously only used by our commercial and utility division, better reflects the vision and capabilities of our company as a strong unified, single source, end-to-end energy solutions provider for any type of solar customer, from residential and commercial to government, education and the utilities."
"The strength of this brand has been opening doors in new and emerging markets," added Mofid. "So, coming together under this single brand provides a more cohesive and effective national marketing approach to support our growth."
Ever since making some of the first photovoltaic panels available to the public in 1978, the company has been recognized as one of the solar power industry's true pioneers. The company has since remained a leader in residential and commercial solar power installation services, and has strengthened its nationwide presence and capabilities through a number of strategic acquisitions. Since its founding, the company's numerous technological and customer financing innovations have helped pave the way for more than 19,000 homeowners and businesses to take advantage of the sun as a 100% clean renewable energy source.
The company continues to maintain the corporate name of Real Goods Solar for SEC filings and other legal and regulatory matters.
About RGS Energy
RGS Energy (Nasdaq:RSOL) is one of the nation's pioneering solar energy companies serving commercial, residential, and utility customers. Beginning with one of the very first photovoltaic panels sold to the public in the U.S. in 1978, the company has installed more than 19,000 solar power systems representing well over 170 megawatts of 100% clean renewable energy. RGS Energy makes it very convenient for customers to save on their energy bill by providing a comprehensive solar solution, from design, financing, permitting and installation to ongoing monitoring, maintenance and support. As one of the nation's largest and most experienced solar power players, the company has 17 offices across the West and the Northeast. For more information, visit RGSEnergy.com, on Facebook at www.facebook.com/rgsenergy and on Twitter at www.twitter.com/rgsenergy. RGS Energy is a trade name and RGS Energy makes filings with the Securities and Exchange Commission under its official name "Real Goods Solar, Inc."
Cautionary Statement Regarding Forward-Looking Statements
This communication includes forward-looking statements relating to matters that are not historical facts. Forward-looking statements may be identified by the use of words such as "expect," "intend," "believe," "will," "should" or comparable terminology or by discussions of strategy. While RGS Energy believes its assumptions and expectations underlying forward-looking statements are reasonable, there can be no assurance that actual results will not be materially different. Risks and uncertainties that could cause materially different results include, among others, the Securities and Exchange Commission's failure to declare the Shelf Registration effective, RGS Energy's ability to raise capital under the Shelf Registration in the future, realizing synergies and other benefits from the Mercury Energy, Inc. merger, introduction of new products and services, completion and integration of acquisitions, possibility of negative economic conditions and other risks and uncertainties included in RGS Energy's filings with the Securities and Exchange Commission. RGS Energy assumes no duty to update any forward-looking statements.
CONTACT: Media and Investor Relations Contact Ron Both Liolios Group, Inc. Tel 1-949-574-3860 RGSE@liolios.com
Source: RGS Energy