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SunPower And U.S. Bancorp To Finance Residential Solar Lease Projects

Forward-Looking Statements

This news release has forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements do not represent historical facts and may be based on assumptions. The company uses words and phrases such as "to finance," "to expand," "expected to," "will provide," and similar statements to identify forward-looking statements in this press release, including forward-looking statements regarding U.S. Bancorp and SunPower providing financing to support $100 million of residential solar lease projects of SunPower.  Such forward-looking statements are based on information available to the company as of the date of this release and involve a number of risks and uncertainties, some beyond the company's control, that could cause actual results to differ materially from those anticipated by these forward-looking statements, including risks and uncertainties such as:  (i) success of the residential lease program; (ii) increasing supply and competition in the industry and lower average selling prices, impact on gross margins; (iii) the risk of continuation of supply of products and components from suppliers; (iv) systems qualifying for financing under this program; (v) U.S. Bancorp continuing to provide financing under the program; and (vi) other risks described in the company's Annual Report on Form 10-K for the year ended January 1, 2012, Quarterly Reports on Form 10-Q for the quarters ended April 1, 2012, July 1, 2012 and September 30, 2012 and other filings with the Securities and Exchange Commission. These forward-looking statements should not be relied upon as representing the company's views as of any subsequent date, and the company is under no obligation to, and expressly disclaims any responsibility to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise. 

 

SOURCE SunPower Corp.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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