SOURCE: Solar EnerTech Corp.

April 17, 2007 09:00 ET

Solar EnerTech Announces Appointment of Industry Specialist as Head of Systems Integration Division

MENLO PARK, CA -- (MARKET WIRE) -- April 17, 2007 -- Solar EnerTech Corp. (OTCBB: SOEN) (the "Company") is pleased to announce that Mr. Cai Qizhuang has joined Solar EnerTech to lead the Company's Systems Integration and Application Division, which is responsible for integrating the Company's products into both residential and commercial installations, as well as building-integrated PV systems ("BIPV"). The division he heads is responsible for developing and managing relationships with the Company's important and rapidly growing international network of systems integrators, a key market for both product development and sales.

Mr. Cai is a veteran of China's solar industry and prior to joining Solar EnerTech, he co-founded Shanghai Qirong Photoelectricity Development, Co. Ltd., a solar systems company, which over the past three years has generated average annual revenues of US $4.5 million through the fabrication, sales and installation of solar systems, mobile solar electrical sources, and PV-wind combined systems. In addition to managing global sales, Mr Cai led Qirong's Quality Control team, successfully helping it attain internationally recognized quality control standards such as IEC121, GB/T9535, and ISO9001 2000.

With his appointment at Solar EnerTech, Mr. Cai adds significant depth to the Company's ability to penetrate new sectors of the solar market. Mr. Cai brings an existing client base that includes approximately 30 customers from Korea, Thailand, Malaysia, Singapore, Spain and Turkey.

As the Company grows, management is increasingly able to attract additional quality sales and marketing professionals from all throughout Asia, as well as skilled workers predominately from within the Chinese solar manufacturing sector. "This is a major part of our overall strategy," says S.J. Yin, Solar EnerTech's COO. He continues, "We are focusing efforts on our workforce buildup to coincide with the Company's anticipated growth and development."

In preparation for the anticipated workforce build-up, the Company has initiated plans to locate permanent accommodation solutions for future employees. With the expectation that many new recruits will be from all parts of the country, the Company is exploring options for employee accommodations including expanded and enhanced sanitation facilities as well as purpose-built recreational areas that would be built utilizing solar power for the illumination, hot water, and A/C units. Additional plans are in development to provide employee medical care, insurance coverage, and educational programs at local schools for employee families with children.

About Solar EnerTech Corp. (OTCBB: SOEN)

Solar EnerTech is a photovoltaic ("PV") solar energy cell manufacturing enterprise based in Shanghai, China, where the Company has established a sophisticated 42,000-square foot manufacturing plant in Shanghai's Jinqiao Modern Technology Park. This facility is capable of producing 25Mw of solar cells from its current production line and 50Mw upon completion of the second 25 Mw line which the Company anticipates will be fully operational in the fourth quarter of this year. 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 immediately in its manufacturing processes. Led by one of the industry's top scientists, the Company's R&D program will work to 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.

Note on Forward-Looking Statements:

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 speak only as of the date of this release. Solar EnerTech undertakes no obligation to update publicly any forward-looking statements.

On Behalf of the Board
Solar EnerTech Corp.
Leo Shi Young, President

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