2009-10-31 02:06:03 -

Acro Energy Technologies Corp. (TSX Venture: ART : ) (the “Company”) announces that it has filed its interim consolidated financial statements and accompanying Management’s Discussion and Analysis (MD&A) for the three month period ended August 31, 2009.

These filings are available on Acro Energy’s profile at SEDAR, www.sedar.com : .

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 2,361,040 units (the “Units”) at a price of CDN $0.185 per Unit, for aggregate gross proceeds of approximately CDN $436,800. 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 is focused on the consolidation and growth of renewable energy companies, primarily in the United States residential solar energy installation market. As a system integrator, Acro Energy provides practical solutions to individuals, business, non-profit organizations, and government entities that can benefit from the value of solar power. 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.

Acro EnergyInvestor contact:Martin C. Spake, 713-715-1000
ext. 3Chief Financial Officer mspake@acroenergy.com : mailto:mspake@acroenergy.com orMedia

contact:Laura Pennino for Acro Energy, 281-286-9398 ext. 1or
713-419-1776 (mobile) lp@penninoandpartners.com : mailto:lp@penninoandpartners.com