16:30 EDT Tuesday, October 21, 2008

TORONTO, Oct. 21 /CNW/ - SonnenEnergy Corp. (the "Corporation") (TSX-V: PWR), a leading photovoltaic solar power systems integrator and solar power producer, today announced that it intends to satisfy certain trade and other account liabilities through the issuance of common shares ("Common Shares") of the Corporation (the "Shares for Debt Transaction").

The Board of Directors of the Corporation has resolved to satisfy up to $1,000,000 of outstanding trade and other account liabilities owed by the Corporation and SonnenEnergie GmbH, a wholly-owned subsidiary of the Corporation, to various creditors ("Creditors") through the issuance of Common Shares at a price of $0.05 per share. The issuance of such Common Shares could result in up to 20,000,000 additional Common Shares being issued from treasury.

The Shares for Debt Transaction is subject to, among other things, (i) reaching definitive agreements with Creditors; (ii) approval of the Shares for Debt Transaction by the TSX Venture Exchange (TSX-V); and (iii) compliance with applicable securities laws.