SOURCE: Solar EnerTech Corp.

October 11, 2006 09:00 ET

Solar EnerTech Corp. Sends Team to California in Preparation for 2007 Sales Push

MENLO PARK, CA -- (MARKET WIRE) -- October 11, 2006 -- Solar EnerTech Corp. (OTCBB: SOEN) (the Company) wishes to announce that in preparation for its sales and marketing endeavours for 2007, the Company is sending a team of senior managers to California to spend three days at the Solar Power Conference and Expo 2006, and then to research the marketplace and contact industry leaders in order to further an exchange of ideas and opportunities.

The trip, coming at a time of several recent favorable initiatives legislated by the State of California, provides a major imperative to Company Management to showcase Solar EnerTech's ability to supply solar cells and modules for the ready market of customers within the state and plans to use this visit as an opportunity to observe existing installations, acquire strategic knowledge in order to better service those future clients, and to analyze trends in both the regional and national solar industry.

Management is moving ahead rapidly with its sales and marketing plans in preparation to market the Company's products which are slated for a manufacturing start-up during the 4th quarter of this year. Leo S. Young, president and CEO of the Company, has indicated he is looking forward to renewing old acquaintances as well as meeting some of the new faces in the local market so as to exchange ideas and possible opportunities with many of them.

About Solar EnerTech Corp. (OTCBB: SOEN)

Solar EnerTech is a photovoltaic (PV) solar energy cell manufacturing enterprise based in Shanghai, China where the Company is establishing a sophisticated 42,000-square foot manufacturing and research facility in Shanghai's Jinqiao Modern Science and Technology Park. Solar EnerTech plans to invest in PV cell research to develop higher efficiency cells and 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.

Forward-Looking Statements

Except for statements of historical fact, the information presented herein may contain forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Solar EnerTech Corp. has little or no control.

On Behalf of the Board

Solar EnerTech Corp.
Leo Shi Young, President

Contact Information