Solar EnerTech Corp. Update on SunRoom Showcase Facility at Shanghai Manufacturing Plant
Posted on: Tuesday, 12 September 2006, 18:01 CDT
Solar EnerTech Corp. (OTCBB: SOEN) (the Company) announces the engagement of Monsen Solutions as architects of its solar powered rooftop "SunRoom" located above the Company's Shanghai-based manufacturing facility.
The SunRoom will feature an adjustable motion control sun tracking system, all-glass exterior for maximum visibility, and all solar-powered electronics and fully functioning display appliances throughout. The SunRoom also serves as a source of integrated lighting providing the lower production floor with free distributed lighting via fiber optic trunks streaming natural daylight into the building through walls, insulation, and other structural impediments.
Monsen Solutions was founded in 1999 and is part of Monsen Group AB headquartered in Stockholm, Sweden with offices in Beijing and London. Over the past 7 years the company has offered services and solutions to the construction, architectural and real estate industries. Monsen Solutions specializes in the provision of 3D Imagery, real time visualization and software solutions to meet the specific design needs of its clients. The company opened its offices in Beijing last year offering a local sales office as well as image production capability, software engineering and design divisions. Mr. Jonathan Watkins, Managing Director and principle designer, will be in charge of Solar EnerTech's project.
The SunRoom will play an active role in the testing and rapid development of future solar powered products planned for eventual manufacture and sale either directly or under license by the Company. Additionally, the facility will provide an educational and marketing component to assist in providing consumers with the ability to experience practical applications of solar energy as it pertains to daily life. Management strongly believes that an investment in time and money towards research and development of new technologies as well as in education of its target consumer base will significantly assist the overall marketing efforts of the Company towards positioning its corporate brand identity as an innovative, growth oriented leader in the Solar manufacturing marketplace.
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.
Forward-Looking Statements
Except for statements of historical fact, the information presented herein may contain forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Solar EnerTech Corp. has little or no control.
On Behalf of the Board
Solar EnerTech Corp. Leo Shi Young, President
Investor Relations Contact Boundary Point Investor Relations Inc. 1-866-378-7372 http://www.solarenertech.com
SOURCE: Solar EnerTech Corp.
Source: MARKET WIRE
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