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CybeRelease: (OTC: SOEN) - Announces New Short-Term Price Target by Wellington Research


(CybeRelease, June 14, 2006) - Lake Harmony, PA - Solar EnerTech Corp. (OTC BB: SOEN) announces that independent fee-based research provider Wellington Research has initiated coverage on the company with a price target of $5.17 and a rating of “Outperform”.

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In the report, the author writes, “Solar EnerTech Corp. is involved in the manufacturing of photovoltaic (PV) solar cells and developing designs for PV modules, which are used to convert sunlight into electricity. The Company primarily targets the European and the U.S. markets. The firm is on the verge of becoming a part of the emerging solar energy industry. Many industry experts believe that solar energy will be the most convenient, affordable, and reliable source of energy in the near future.”

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CybeRelease Gainers are Digi International Inc. (Nasdaq: DGII), Exar Corporation (Nasdaq: EXAR), Bryn Mawr Bank Corporation (Nasdaq: BMTC), NetLogic Microsystems, Inc. (Nasdaq: NETL), Genzyme General (Nasdaq: GENZ), Bright Horizons Family Solutions Inc. (Nasdaq: BFAM), Gilead Sciences, Inc. (Nasdaq: GILD) and A.S.V., Inc. (Nasdaq: ASVI).

CybeRelease Decliners are Nastech Pharmaceutical Company, Inc. (Nasdaq: NSTK), Mechanical Technology Incorporated (Nasdaq: MKTY), TASER International, Inc. (Nasdaq: TASR), Cholestech Corporation (Nasdaq: CTEC), Data I/O Corporation (Nasdaq: DAIO), Liquidity Services, Inc. (Nasdaq: LQDT), Ladish Co., Inc. (Nasdaq: LDSH) and Qiao Xing Universal Telephone, Inc. (Nasdaq: XING).

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor’s reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid CybeRelease $895.00 for the publication of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation and do no trading of any kind.


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