N@N

Bakhu Holdings Corp.: Bakhu Holdings Corp. Announces Letter of Intent to Acquire a Solar Manufacturer Based in China

_{//business-finance.news-articles.net/content/200 .. acquire-a-solar-manufacturer-based-in-china.html}
^{Published in Business and Finance on Friday, July 24th 2009 at 14:03 GMT, Last Modified on 2009-07-24 14:03:41 by Market Wire}  

LAS VEGAS, NV--(Marketwire - July 24, 2009) - Bakhu Holdings Corp. ("the Company" or "we") (OTCBB: [ BKUH ]) today announced that the company has entered into a Letter of Intent to acquire 100% of the assets and shares of Shenzhen Xinhonglian Solar Energy Co., Ltd. (SXSE). The Letter of Intent signifies a significant step towards Bakhu acquiring an established manufacturer of solar powered products and photovoltaic (PV) solar panels.

SXSE was established in 2002 as a private company in Shenzhen, Guangdong Province, Peoples Republic of China. The company began its business by purchasing irregular solar cells from solar cell manufacturers, which the company utilized to manufacture a wide range of solar products for commercial and consumer applications. In 2004, the company built on its success by expanding to make PV solar panels. Today, the company produces PV solar panels and an array of solar products, all of which use solar cells as the power source.

SXSE manufactures and sells 35 different PV solar panels, ranging from 10W (watts) to 250W. These PV solar panels are used in both industrial and residential applications. SXSE uses high quality solar cells which it purchases from cell manufacturers in Japan and Taiwan. Solar products manufactured by the company for commercial and consumer use include portable lights for various applications, lane markers, solar street lights, solar traffic lights and battery chargers.

SXSE employs 100 workers in its manufacturing operation and 10 engineers who design products and oversee the fabrication processes. The factory is located in an industrial part of Shenzhen and occupies 1500 square meters.

Mr. Xinan Zeng, the founder and CEO of SXSE, commented, "With our company going public through the acquisition by Bakhu we will be able to access capital that will enable us to expand our production capability and fill orders we are currently turning away due to a lack of capacity to fill the orders in a timely manner. We are extremely excited about the bright future our company will have."

Bakhu Holdings Corp. is also conducting business as Bakhu Solar Corp. and is in the process of finalizing arrangements with SXSE into a binding Memorandum of Understanding that will set forth all the terms and timing of the acquisition.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

A number of statements contained in this press release are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including activities relating to the completion of the merger between Shenzhen Xinhonglian Solar Energy Co., Ltd (SXSE) and Bakhu Holdings Corp. These activities include the completion of an audit by a PCAOB designated accounting firm and the transfer of SXSE's assets to a Hong Kong based company, our ability to raise capital when needed and on acceptable terms and conditions, the intensity of competition and general economic factors. The actual results Bakhu Holdings Corp. may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Bakhu Holdings Corp encourages the public to read the information provided here in conjunction with its most recent filings, which may be viewed at [ www.sec.gov ].