Applications in Process for UL and CSA Certifications
MENLO PARK, Calif., July 23 /Xinhua-PRNewswire-FirstCall/ -- Solar EnerTech Corp. (OTC Bulletin Board: SOEN) (the "Company") today announced that the Company has obtained its VDE Certification.
The VDE Mark indicates conformity with the VDE standards or European or internationally harmonized standards and confirms compliance with protective requirements of the applicable EC Directive(s). The VDE Mark, awarded for photovoltaic components and systems, is a symbol for electrical, mechanical, thermal, toxic, radiological and other hazards.
Mr. Leo Young, Chief Executive Officer of Solar EnerTech, commented, ''We are very pleased to obtain this certification, which will improve our business opportunities in the European marketplace. In addition to the recently secured VDE certification mark, Solar Enertech holds all other major international PV certifications, including IEC 61215 and CE. Further, our manufacturing process is ISO 9001:2000 and ISO 14001:2004 certified. We are in the process of applying for UL and CSA certifications, which can help facilitate our entry into other markets and augment our production capabilities.''
The Company plans to report its results for the third fiscal quarter of 2008, ended June 30, sometime during the first week of August.
About Solar EnerTech Corp.
Solar EnerTech is a photovoltaic ("PV") solar energy cell manufacturing enterprise based in Shanghai, China, where the Company has established a sophisticated 63,000 square foot manufacturing plant in Shanghai's Jinqiao Modern Technology Park. Currently, the Company is capable of producing 25Mw of solar cells from its existing production line and the company is in the process to complete its second 25 Mw production line to better utilize capacity and to meet expected future customer demand.
Solar EnerTech has also established a Joint R&D Lab at Shanghai University to research and develop higher efficiency cells and to put the results of that research to use in its manufacturing processes. Led by one of the industry's top scientists, the Company expects its R&D program to help 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.
Safe Harbor Statement
Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond our control that could cause actual events and results to differ materially from these statements. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which are relevant as of the date of the given press release and should not be relied upon as of any subsequent date. Solar EnerTech undertakes no obligation to update publicly any forward-looking statements.
SOURCE Solar EnerTech Corp.
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