Sustainable Energy Technologies Ltd.
TSX VENTURE : STG

Sustainable Energy Technologies Ltd.

September 23, 2011 08:00 ET

Sustainable Energy Technology Ltd.: SRI Expands Capacity of Sunergy II Electronics Module Manufacturing

TORONTO, ONTARIO--(Marketwire - Sept. 23, 2011) - Sustainable Energy Technology Ltd. (TSX VENTURE:STG) ("Sustainable Energy") is pleased to announce the successful commissioning of their electronic module production lines at SRI's facility in Long Island, New York. The initial run of Electronic Modules, the key sub assembly driving their low voltage technology, have met all test requirements and have been sent for final assembly.

Sustainable's relationship with SRI ensures the company will continue to meet their ever increasing global customer demand while exploring new opportunities with a flexible and rapidly adaptable supply chain.

"SRI's North American team has been very responsive ensuring our supply chain transition was seamless. By utilizing their core competency in board production our products will remain the industry benchmark for quality" said Michael Carten –Sustainable Energy's CEO.

"Stephan Rottach, the President and CEO of SRI North America, said " Adding a global player in the fields of renewable energy like Sustainable Energy Technologies to our customer portfolio, confirms the wisdom of our decision to begin North American operations combining German quality with the drive and mobility North America is noted for. We are proud to be a local partner with global reach for SET."

About SRI:

SRI, a full-size contract manufacturer of electronics and electro-mechanic devices has established SRI North America Corp. in 2011 to expand the company's global reach. SRI brings added value to companies in the electronics sector be it in communications, industry, energy, transportation or medical. A couple of key facts: SRI is a long-term specialist in electronic products with superior support to a diverse customer structure in Manufacturing & Sourcing, Engineering & Services and Consulting & Training. SRI has developed into an extremely efficient electronics manufacturer and competent partner for the introduction of new products. SRI North America is fully equipped with SMT (Surface Mounted Technology) and THT (Through Hole Technology) capability and has the capacity to produce up to 1500 PCB's per day. SRI North America has also established a partnership with a Guelph, ON based firm, Melitron Corporation, a full service contract manufacturer specializing in precision metal fabrication.

About Sustainable Energy:

Sustainable Energy (www.SustainableEnergy.com) is Canada's solar inverter company. 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. The PARALEX inverter is the industry's only grid-interactive solar inverter which enables a "parallel" solar PV system architecture in higher power ratings at a cost and serviceability factor that is comparable to conventional inverters in the market. The benefits of parallel solar are: (i) 5% - 25% higher total system power output; (ii) a better fill factor enabling better coverage of available space; (iii) a simplified system design and installation; and (iv) the safety of extra low operating voltages which ensures the safety of building maintenance personnel, first responders, and tradesmen who may accidentally come into contact with system wiring. Sustainable Energy's technologies are the subject of multiple patents issued by and pending with the Canadian and US Patent Offices.

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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 solar PV system performance; and statements concerning demand for products; statements concerning SRI, 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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