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CybeRelease: (OTC BB: SOEN) Provides Corporate Update on Favorable Analyst Coverage


(CybeRelease, June 22, 2006) - Lake Harmony, PA - Solar EnerTech Corp. (OTC BB:SOEN) (the Company) today provides a corporate update to review its progress establishing manufacturing capabilities, executing a LOI to secure potential silicon supplies, earning favorable analyst coverage, and taking a lead role in the China Renewable Energy Summit and recent appointments. Solar EnerTech is focused on the development and manufacture of quality solar cells, applications and advanced technologies, taking advantage of rapidly increasing demand in the solar power market, which grew 55% last year to $11.2 billion.

Solar EnerTech is making excellent progress toward the rapid start-up of its manufacturing operations. Construction of the Company’s new state-of-the-art solar cell manufacturing plant in Shanghai is running ahead of schedule and within budget. The project management team has overseen the installation of the majority of the infrastructural equipment for its first production line and construction of the second line is proceeding on track.

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CybeRelease Gainers are, Inc. (Nasdaq: BIDU), Chaparral Steel Company (Nasdaq: CHAP), Daktronics, Inc. (Nasdaq: DAKT), Steel Dynamics, Inc. (Nasdaq: STLD), Garmin Ltd. (Nasdaq: GRMN), Focus Media Holding Limited (Nasdaq: FMCN), Joy Global Inc. (Nasdaq: JOYG) and Equinix, Inc. (Nasdaq: EQIX).

CybeRelease Decliners are Active Power, Inc. (Nasdaq: ACPW), Escala Group, Inc. (Nasdaq: ESCL), Poore Brothers, Inc. (Nasdaq: SNAK), PHI, Inc. (Nasdaq: PHIIK), Inergy, L.P. (Nasdaq: NRGY), Cephalon, Inc. (Nasdaq: CEPH), Respironics, Inc. (Nasdaq: RESP) and Chindex International, Inc. (Nasdaq: CHDX).

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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