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Sunrise Consulting Group, Inc. Pursues New Solar Ventures

^{Published on 2010-06-16 05:41:06 - Market Wire}
 

NEWPORT BEACH, CA--(Marketwire - June 16, 2010) - Sunrise Consulting Group, Inc. (PINKSHEETS: [ SNRS ]) announced today that the company has decided to withdraw its offer to sell all of its outstanding shares to Nourtech S.a.r.l. One of the contributing factors for this decision included Nourtech S.a.r.l's failure to meet their obligation of a ten percent (10%) good-faith deposit that was requested by Sunrise. The company is actively negotiating other solar opportunities and expects to have a signed agreement in place shortly.

ABOUT SUNRISE CONSULTING GROUP, INC.

Sunrise Consulting Group's mission is to get involved in the Solar Industry in the fastest and most productive and profitable way possible.

For more information email [ info@sunriseconsultinggroup.net ] or go to the website [ www.sunriseconsultinggroup.net ]

This press release is not a solicitation of a proxy, an offer to purchase nor a solicitation of an offer to sell shares of Sunrise Consulting Group, Inc., and it is not a substitute for any proxy statement or other filings that may be made with the Securities and Exchange Commission ("SEC") should this proposed transaction go forward. If such documents are filed with the SEC, investors will be urged to thoroughly review and consider them because they will contain important information, including risk factors. Any such documents, once filed, will be available free of charge at the SEC's website ([ www.sec.gov ]) and from Sunrise Consulting Group, Inc.

Safe Harbor Statement: This release contains forward-looking statements with respect to the results of operations and business of Sunrise Consulting Group, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.

This press release includes forward-looking statements within the meaning of the federal securities laws that are subject to risks and uncertainties, including the inability to satisfy the conditions to any proposed transaction, general economic conditions, and other factors that may be identified in filings made with the SEC.