2009-11-10 00:20:03 -

Acro Energy Technologies Corp. (TSX Venture: ART : ), a leading US solar integrator, announces that the TSX Venture Exchange has accepted for filing documentation relating to the October 28, 2009 Stock Purchase Agreement (the “Agreement”) between Acro Energy and Energy Efficiency Solar, Inc., a California corporation headquartered in Pomona, Calif. (“EE Solar”), and William Korthof, the sole

shareholder of EE Solar, and that closing of the acquisition has been completed.

Under the Agreement, Acro Energy acquired all of the issued and outstanding shares of EE Solar for consideration consisting of US$250,000 cash, a promissory note in the amount of $740,700, and 2,216,250 common shares issued from the treasury of the Company at a deemed value of CDN$0.24 per share.

The Company also announces that, subject to the approval of the TSX Venture Exchange, it has arranged a non-brokered private placement (the “Private Placement”) of approximately 1,190,000 units (the “Units”) at a price of CDN $0.185 per Unit, for aggregate gross proceeds of approximately CDN $220,800. Each Unit is composed of one common share in the Company and one share purchase warrant (the “Warrants”). Each Warrant will entitle the holder to purchase one additional share of the Company at a price of CDN$0.35 per Share for a period of two years following the closing of the Private Placement. The shares issued in connection with this non-brokered private placement will be subject to a four-month hold period.

The Company intends to utilize the proceeds from the Private Placement for ongoing acquisition efforts and for general corporate overhead purposes.

About Acro Energy


Acro Energy Technologies Corp. is focused on the consolidation and growth of renewable energy companies, primarily in the United States residential solar energy installation market. Acro Energy provides practical solutions to individuals, businesses, non-profit organizations, and governmental entities that can benefit from the value of solar power. As a high-end system integrator, Acro Energy offers quality products from leading solar module manufacturers including SunPower, SunTech, and Sharp. Acro Energy continues to evaluate suitable acquisition candidates across North America.

For more information, please visit www.acroenergy.com : or email info@acroenergy.com : mailto:info@acroenergy.com .

On Behalf of the Board of Directors,


Douglas A. Samuelson, Executive Vice President


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This news release may contain “forward-looking statements” within the meaning of applicable securities laws. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company assumes no obligation for the accuracy or completeness of those forward-looking statements and undertakes no obligation to revise these forward-looking statements to reflect subsequent events or circumstances. Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release.

Investors:Acro EnergyMartin C. Spake, Chief Financial

Officer, 713-715-1000 X 3or mspake@acroenergy.com : mailto:mspake@acroenergy.com Media:For
Acro EnergyLaura Pennino, 281-286-9398 X 1 or 713-419-1776 (mobile) lp@penninoandpartners.com : mailto:lp@penninoandpartners.com