Universal Solar Technology Inc. (UNSS.OB), a developer of solar grade ingot, wafers and high efficiency solar photovoltaic modules, today announced the appointment of Lijie Zhu as Chief Financial Officer. Ms. Zhu brings 9 years of international finance, accounting, investor relations and media experience to her role at Universal Solar Technology.

“Lijie’s experience in a broad range of industries and companies, from startups to established multi-national corporations, will help Universal Solar through its rapid expansion,” said Wensheng Chen, the Board Chairman and CEO of the company.

Most recently, Ms. Zhu served as Vice President at Dragon Gate Investment Partners LLC, responsible for raising capital for Chinese companies. Her previous positions include Market Research Analyst, Aufhauser Securities; New York Bureau Chief, Global Entrepreneur Magazine; Credit Analyst, Rogge Global Partners; and Assistant Director, China Center Television.

Ms. Zhu earned an MBA degree and MS in Natural Resource Management from the University of Alaska and a Law Degree and a BA in Journalism from Lanzhou University, China. She is a member of the National Investor Relations Institute and the New York Society of Securities Analysts.

ABOUT UNSS

Universal Solar Technology Inc. manufacturers solar products and provides solar power systems using advanced manufacturing technologies and equipments. Products include solar-grade silicon material (ingots and wafers), solar modules, solar lights and solar power systems. Arizona State University Photovoltaic Testing Laboratory has certified that UNSS Photovoltaic Modules satisfy the standards and requirements of the International Engineering Consortium and has passed the standards for selling products to countries in the European Union. www.ustnevada.com/en

Forward Looking Statements:

This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described by the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of this document, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this document.

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