Tuesday, September 15, 2009

Solomon Technologies' Power System in Field Test Phase

Solomon Technologies, Inc. ~ September 15, 2009,
DANBURY, Conn., Sept. 15 /PRNewswire-FirstCall/ -- Solomon Technologies, Inc. (OTC: SOLM - News) announced today that its Technipower subsidiary has successfully completed the development and pre-production manufacturing of a high power, fast charging power system for the military. Technipower was awarded the $800,000 contract last year and developed a robust system that substantially increases the cycle time and accuracy of a tactical weapons system. In concert with the customer's engineering team, a rigorous design and factory test program was recently completed resulting in the delivery of pre-production units for integration in the customer's system.
Dan Connors, President of Technipower said, "We are pleased the program has advanced to the field testing phase which is an important milestone to reaching initial production. Although we do not yet have firm timing on the first production order, this project is a major advancement for us in the energy storage market comprising high energy charging and charge control. The delivery of the pre-production units underscores Technipower's reputation as a preeminent supplier of rugged, high technology power systems for critical applications."
Connors continued, "Technipower's future growth builds on our experience in military and commercial power applications and applies it to the burgeoning opportunities in the renewable and alternative energy markets. We will continue to leverage our inventory of cutting edge power conversion technologies to supply innovative, highly reliable solutions to the growing energy markets."
Information about Solomon Technologies, Inc. and Technipower LLC:
Solomon Technologies, Inc.'s wholly owned subsidiary Technipower LLC is an established designer and manufacturer of direct current power supplies and power supply systems requiring high levels of reliability and ruggedness for defense, aerospace, marine and commercial applications. Technipower's expansion in to the clean energy markets includes its Instant Solar(TM) ground mounted solar units. Solomon's clean energy initiatives include its patented Electric Wheel® and Electric Transaxle(TM) hybrid/regenerative technologies for 'hybrid-electric' and 'all-electric' vehicles.
FORWARD LOOKING STATEMENTS: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements regarding Solomon Technologies, Inc. and Technipower LLC in this release that are not historical in nature, particularly those that utilize the terminology such as "may," "will," "should," "likely," "expects," "anticipates," "estimates," "believes," or "plans," or comparable terminology, are forward-looking statements based on current expectations about future events, which management has derived from the information currently available to it. It is possible that the assumptions made by management for purposes of such statements may not materialize. Actual results may differ materially from those projected or implied in any forward-looking statements. Important factors known to management that could cause forward-looking statements to turn out to be incorrect have been identified and discussed from time to time in the Solomon's filings with the Securities and Exchange Commission. The forward-looking statements contained in this release speak only as of the date hereof, and Solomon undertakes no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact us for more information
Technipower LLC
Dan Connors, President
203-748-7001
www.technipowersystems.com

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