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SunPower Executives to Speak at Key Investor Events in the First Quarter of 2007
Company to Webcast Presentations Live at http://investors.sunpowercorp.com/events.cfm

SAN JOSE, Calif., Feb 05, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high efficiency, commercially available solar cells, solar panels, and solar systems, today announced that two members of its executive staff will deliver presentations at key investor conferences during the first quarter of 2007.

On February 6th, SunPower's CEO, Tom Werner, will speak at the Credit Suisse Energy Summit at 8:40 a.m. Mountain Time. The event is being held in Vail, Colo. at the Vail Cascade Resort & Spa. He will also be presenting at the Piper Jaffray Opportunities in Solar and Clean Tech Symposium on February 21st at 11:30 a.m. Eastern Time, at the St. Regis Hotel in New York City. Mr. Werner will provide a general business update as well as speak about the company's approach to value chain optimization and its recent merger with PowerLight Corp.

Manny Hernandez, SunPower's CFO, will deliver a presentation at the Deutsche Bank Securities 2007 Small Cap Growth Conference on February 12th at 8:40 a.m. Eastern Time, at the Ritz Carlton Hotel in Naples, Fla. On March 14th at 11:25 a.m. Pacific Time, he will address the Citigroup Small and Mid- Cap Conference being held at the Four Seasons, Mandalay Bay Hotel in Las Vegas, Nev.

Each event will be broadcast live at http://investors.sunpowercorp.com/events.cfm during their respective times and will be archived for two weeks on the SunPower web site.

About SunPower

SunPower Corporation (Nasdaq: SPWR) designs and manufactures high- efficiency silicon solar cells and solar panels based on an all-back contact cell design. SunPower's solar cells and panels generate up to 50 percent more power per unit area than conventional solar technologies and have a uniquely attractive, all-black appearance. For more information on SunPower or solar technology, please visit the SunPower website at http://www.sunpowercorp.com. SunPower is a majority-owned subsidiary of Cypress Semiconductor Corp. (NYSE: CY).

Forward-Looking Statement

Statements made in this release that are not historical in nature and that refer to SunPower's plans and expectations for the future, are forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. We use words such as "estimates," "anticipates," "believes," "expects," "future," "look forward," "planning," "intends" and similar expressions to identify such forward-looking statements. Our actual results may differ materially due to a variety of factors, including but not limited to the risks identified in our filings with the Securities and Exchange Commission. All forward-looking statements included in this release are based upon information available to SunPower as of the date of this release, which may change, and we assume no obligation to update any such forward-looking statement.

SunPower is a registered trademark of SunPower Corporation. Cypress is a registered trademark of Cypress Semiconductor Corp. All other trademarks are the property of their respective owners.

SOURCE SunPower Corporation

Julie Blunden, Vice President External Affairs, +1-408-470-4277, or Susan DeVico,
+1-510-339-1527, both of SunPower Corp.


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