Sustainable Energy Technologies Ltd.
TSX VENTURE : STG

Sustainable Energy Technologies Ltd.

December 14, 2011 11:23 ET

ASTech Recognizes Sustainable Energy for Innovation in Solar System Integration

CALGARY, ALBERTA--(Marketwire - Dec. 14, 2011) - Sustainable Energy (TSX VENTURE:STG) was selected from over 50 nominations as the award winner for Outstanding Achievement in Environmental Technology and Innovation by the Alberta Science and Technology Leadership Foundation. The ASTech Awards are the premiere acknowledgement of scientific and technological achievement in Alberta and are announced at a banquet held annually in Calgary or Edmonton.

The Company was recognized for its innovation in solar system integration techniques based on its proprietary Paralex inverters. Paralex systems deliver reliable performance no matter where they are installed and are easily adapted to meet structural or layout restrictions without impacting system performance or electrical design. These features are critical to streamlining the installation business as falling equipment costs drive the industry toward standardized kits rather than custom designed solutions.

"There is growing adoption of our approach as more and more residential, agricultural and small commercial systems are being sold as integrated kits," said Brent Harris, Chief Technology Officer at Sustainable Energy Technologies. "We are very honoured to have been recognized by Alberta's Science and Technology community with this award, and appreciate what a supportive environment Alberta has provided for new product development and evaluation."

The Company would like to thank the ASTech Foundation for its promotion of science and technology in Alberta, Innovate Calgary for nominating and supporting us over many years and Agrium for its generous sponsorship of the award. The Company plans to use the proceeds of the award to support the extension of our ongoing research collaboration with University of Alberta and Alberta Advanced Education and Technology.

A vignette on the Company and its technology produced by ASTech for the Awards Gala can be found at the following link: http://youtu.be/E4KjsqewB98

About ASTech

The Alberta Science and Technology (ASTECH) Leadership Foundation was created to celebrate and promote the achievements of Alberta's scientific and technological communities. In doing so we elevate the province's status as a science and technology leader, and inspire future innovation in Alberta and around the world.

The foundation is a private, not-for-profit society supported by patron organizations from the private and public sectors. Patrons come from diverse industries and backgrounds that include business, government, research and education. All patrons share the same goal of promoting and honouring Alberta's world-class innovation in science and technology. ASTECH is the premiere organization in Alberta that works to generate widespread public awareness for these worthy achievements in science and technology.

About Sustainable Energy:

Sustainable Energy (www.SustainableEnergy.com) is a Canadian solar inverter company which supplies Canada, the U.S. and Europe. The Company's patented inverter technologies are a breakthrough in power inverter design and capabilities for all forms of distributed generation and smart grid applications.

Forward Looking Information

The reader is advised that some of the information herein may constitute forward-looking statements within the meaning assigned by National Instruments 51-102 and other relevant securities legislation. In particular, we include: statements concerning the impact of our technology on the operation of grid interactive energy storage; statements concerning the comparative efficiencies of battery based grid interactive inverters; and statements concerning the potential for growth solar PV system performance; and statements concerning demand for products; Forward-looking information is not a guarantee of future performance and involves a number of risks and uncertainties.

Many factors could cause the Company's actual results, performance or achievements, or future events or developments, to differ materially from those expressed or implied by the forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information, which speaks only as of the date hereof. Readers are also directed to the Risk Factors section of the Company's current Annual Information Form which may be found on its website or at www.sedar.com The Company does not undertake any obligation to release publicly any revisions to forward-looking information contained herein to reflect events or circumstances that occur after the date hereof or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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