Sunvault Energy, Inc. announced that it has signed a binding letter of intent with the Edison Power Company (Edison) to retail power within de-regulated power markets. The first market as part of the roll out strategy concentration will be the Alberta market followed by other similar markets and markets that have time of use pricing. The company is working closely with Edison to launch a new power retail program that will be unique in its approach and will benefit Alberta consumers far beyond what competitors have been able to offer these consumers.

Sunvault plans to utilize its technology development and come back to its customer base that will be created through the Edison power sales to further enhance consumers' lives with lower priced power technology. The stand up solar appliance combined with its graphene super capacitor technology will result in the ability for a home owner to get off the power grid entirely through the combination of technologies starting with solar generation and the graphene supercapacitor that would store the generated energy. The graphene super capacitor unlike lithium and other batteries is carbon based and does not pose a threat of harmful elements being installed into homes.

The Company believes its Solar appliance device plans far surpasses the "roof full of solar panel approach" for ease of entry and removes the barrier to entry that potentially resides in most consumers' minds; because of the construction project approach they currently face for deployed solar.