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Press Release Summary:


Original Press Release:

Solomon Technologies' Subsidiary Launches Instant Solar(TM) Product

DANBURY, Conn., Aug. 24 /-- Technipower LLC, a wholly-owned subsidiary of Solomon Technologies, Inc. (SOLM.PK), announced today that it has developed, tested, and launched its new Instant Solar(TM) product in collaboration with James P. Dunn, chairman of Solomon's Technical Advisory Board and President of Future Solar Systems. Starting from concept to new product launch, Technipower executed the development program in less than 6 months, with pilot manufacturing now underway.

Instant Solar(TM) (patent pending) is a factory pre-assembled, pre-wired, ground mounted Solar PV system which can be conveniently shipped and rapidly installed virtually anywhere in the US and Canada. It is initially targeted to the 2-10kW size range and is also suitable for flat roof mount and portable applications. For more information, visit technipowersystems.com/instant-solar.

As a well-known expert in the fields of alternative energy, energy storage and hybrid vehicles, James Dunn is promoting Instant Solar(TM) at numerous solar and renewable energy conferences and expos in which he is participating. As past Director of the NASA Northeast Regional Technology Transfer Center, Mr. Dunn has a wealth of experience in the alternative and renewable energy fields, has written numerous papers and presentations on various alternative energy topics and has spoken at over 50 international conferences and events, including Northeast Sustainable Energy Association (NESEA) events. He has consulted on numerous projects in the solar electric, hybrid vehicle, energy storage, hydrogen and fuel cell fields and chaired or moderated various professional conferences.

"Our successful work with Jim is a model for the Company's ongoing new product development," commented Dan Connors, President of Technipower LLC. "His recognized leadership in alternative energy technologies, and his passion to make those technologies economically available to the market to advance alternative energy, are obvious every time he speaks on the topic. After a successful development program, Technipower is very pleased to have him help drive the Instant Solar product launch."

Mr. Dunn commented, "I am excited to help the Technipower team introduce the Instant Solar(TM) product line. The Instant Solar(TM) development has been rewarding, and it's just the beginning of Solomon Technologies' alternative energy business."

Information about Solomon Technologies, Inc. and Technipower LLC:

Solomon Technologies, Inc. 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 patented Electric Wheel and Electric Transaxle(TM) hybrid/regenerative technologies for 'hybrid-electric' and 'all-electric' vehicles and its Instant Solar(TM) ground mounted solar units.

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: Dan Connors of Technipower LLC, +1-203-748-7001

Web Site: http://www.technipowersystems.com/

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