Solar EnerTech Obtains VDE Certification
July 23 2008 - 8:45AM
PR Newswire (US)
Applications in Process for UL and CSA Certifications MENLO PARK,
Calif., July 23 /Xinhua-PRNewswire-FirstCall/ -- Solar EnerTech
Corp. (OTC:SOEN) (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. DATASOURCE: Solar
EnerTech Corp. CONTACT: Bill Zima of ICR Inc., +1-203-682-8200
(Investor Relations), for Solar EnerTech
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