Deliver Your News to the World

CybeRelease: Announces (OTC: SOEN) Achieves Favored Tax Status in China


(CybeRelease, July 18, 2006) - Lake Harmony, PA - Solar EnerTech Corp. (OTC BB: SOEN) (the Company) wishes to announce that it has successfully achieved favored tax status by meeting the regulatory criteria developed by the Government of China designed for locally based environmental high-technology enterprises.

The Company’s profile under Chinese enterprise regulation defines the establishment of a wholly foreign-owned enterprise as that of being beneficial to the development of China’s national economy with notable economic yield. The state encourages foreign-owned enterprises to adopt advanced technologies and equipment, develop new products, conserve energy and raw materials, upgrade and replace existing products; and supports such foreign-owned enterprises to export all or most of their products.

For more information, go to

To read the complete release, go to

CybeRelease Gainers are Garmin Ltd. (Nasdaq: GRMN), Wynn Resorts, Limited (Nasdaq: WYNN), PrivateBancorp, Inc. (Nasdaq: PVTB), Bon-Ton Stores, Inc. (The) (Nasdaq: BONT), Arrow International, Inc. (Nasdaq: ARRO), Olympic Steel, Inc. (Nasdaq: ZEUS), Wheeling-Pittsburgh Corporation (Nasdaq: WPSC) and Compass Bancshares, Inc. (Nasdaq: CBSS).

CybeRelease Decliners are Crucell NV (Nasdaq: CRXL), FortuNet, Inc. (Nasdaq: FNET), Leading Brands Inc. (Nasdaq: LBIX), Innovex, Inc. (Nasdaq: INVX), Research Frontiers Incorporated (Nasdaq: REFR), Harleysville National Corporation (Nasdaq: HNBC), ACADIA Pharmaceuticals Inc. (Nasdaq: ACAD) and Infinity Energy Resources, Inc. (Nasdaq: IFNY).

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.


This news content may be integrated into any legitimate news gathering and publishing effort. Linking is permitted.

News Release Distribution and Press Release Distribution Services Provided by WebWire.