► May 21, 2009

IX Energy Develops More Cost Effective Solar Array for Carports
Parking Lots Prove Ideal Real Estate for Rooftop Projects

NEW YORK – May 21, 2009 – IX Energy Holdings, Inc. (OTCBB:IXEH), a company engaged in the development of solar power and other renewable energy solutions for the federal government and commercial markets, announced that as part of its R&D program for BIPV (building integrated photovoltaic) applications, it has developed a more cost effective solar array for carports and parking lots.

Carports are increasingly attractive as platforms for providing solar generated electricity. Typically used for sun and weather protection in public and corporate lots, these structures offer great potential for solar power generation. Carports, typically situated in unshaded areas, offer some of the most attractive real estate for rooftop solar projects and, with the likelihood of increasing use of electric vehicles, they offer a natural fit for future recharging waystations.

Parking areas represent a largely overlooked asset in the U.S., and IX Energy estimates that there are close to 5 billion acres of parking lots in the country. Solar rooftop arrays for carports and parking lots are an ideal way to deliver a grid-tied, or distributed, renewable energy solution to buildings and commuters, and IX Energy’s focus has been on improving conventional structural BIPV solutions that rely on postal beams. A breakthrough in reducing the structural cost of solar carports would represent a key step in releasing the value embedded in these facilities.

 
IX Energy’s Chief Technology Officer, George Weiner, who is an architect, is developing a more durable, flexible, and cost effective solar array infrastructure for solar carports. To do so, he is taking a queue from the historical evolution of bridges and following the same incremental process of doing more with less, and applying that to solar parking arrays.

Weiner noted that development of a lower cost, modular infrastructure would be a game-changer in the use of carports for solar photovoltaic power. Conventional carports solve a basic problem of protecting vehicles, but their construction cost limits use as solar platforms, which require an attractive return-on-investment. Additionally, he added, “Parking lot facilities vary on a site specific basis; points of support of the carport structure typically have to vary spans based on the width of parking spaces. This is a drawback of conventional carport construction.”

IX Energy calls the new technology HASP, or Harness Solar Power, which offers a long span, aesthetically appealing structure that is lower in cost than conventional carport structures. Most existing carports span between 2 to 4 cars, which means a beam system has to span a range of 30+ feet. IX Energy’s cable system allows for expansion of the parking array length by two to three times that length, using the same principles of mechanics as bridges.

IX Energy’s BIPV design for carports and parking lots is a universal system adaptable to varying site conditions that will support additional renewable energy elements like wind power generators and combiner boxes to drop power poles for electric vehicle charging stations. The company plans to roll out the design for both the commercial and federal government markets later this year.

About IX Energy Holdings, Inc.

Founded in 2006, IX Energy, Inc., the wholly owned subsidiary of IX Energy Holdings, Inc. is a renewable energy services company engaged in the design, marketing and development of solar power systems and other renewable energy solutions to federal and commercial customers. In June, 2008, the Company entered into a non-exclusive agreement with Federal Prison Industries, Inc. (“UNICOR”), under which UNICOR provides the labor for assembly and production of solar panels for the Company, and the Company sells the solar panels to Federal customers. The agreement has a term of five years .

Forward-Looking Statements

 
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements with the terms "believes," "belief," "expects," "intends," "anticipates," "will" or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.

Company Contacts
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Todd M. Pitcher
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Tim Clemensen

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