Solar EnerTech Corp. Rolls Out First Solar Modules — Launches SolarE as Brand Name
MENLO PARK, CA — (MARKET WIRE) — November 28, 2006
Source: MarketWire.com
http://www.marketwire.com/mw/release_html_b1?release_id=188681
Solar EnerTech Corp. (OTCBB: SOEN) (the Company) wishes to announce that on November 23rd, the Company achieved a significant goal as the first batch of solar modules rolled off its newly assembled production line, exactly one week earlier than its planned end-of-November product launch, announced on November 2nd. To commemorate the occasion, Management invited a group of visitors including Shanghai government officials to attend the event. Company CEO Leo Shi Young delivered a brief speech thanking all those individuals who have contributed to the launch, and further affirmed that this milestone is the direct result of months of round-the-clock effort by everyone involved, especially the technical, engineering and subcontractor teams working diligently alongside Company Management. Guests and employees cheered the long-awaited results of those efforts as Leo Young unveiled two dozen dark blue solar modules arrayed at the end of the Company’s first production line. Each high conversion module represents 170 watts of quality-built solar electric power generating capability ready for delivery.
Company COO Jack Yin stated, “Each cell is carefully tested for conversion rate and durability before they are mounted to a module panel. Then testing occurs a second time by a specialized unit that automatically tests and exports product data to a software program that records, analyzes, and outputs the critical specifications of that particular module prior to packaging and shipment. Using these methods, we can confidently guarantee delivery of a high-quality product as a commitment to our customers.”
During the event, it was further announced that the Company intends to market its products employing the name “SolarE” as a brand-identity for upcoming sales efforts. Before the ceremony concluded, Management also revealed it intends to ship as many as two to three containers of the product during December in anticipation of its marketing efforts and to capitalize on the growing demand for the product.
About Solar EnerTech Corp. (OTCBB: SOEN)
Solar EnerTech is a photovoltaic (PV) solar energy cell manufacturing enterprise based in Shanghai, China, where the Company is establishing a sophisticated 42,000-square-foot manufacturing and research facility in Shanghai’s Jinqiao Modern Science and Technology Park. Solar EnerTech plans to invest in PV cell research to develop higher efficiency cells and put the results of that research to use immediately in its manufacturing processes. Led by one of the industry’s top scientists, the Company’s R&D program will work to bring Solar EnerTech to the forefront of advanced solar technology research and production. The Company has also established a marketing, purchasing and distribution arm in Northern California’s Silicon Valley.