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CybeRelease: (OTC: SOEN) California Passes Million Solar Roofs Bill


WEBWIRE

(CybeRelease, August 28, 2006) - LAKE HARMONY, PA - Solar EnerTech Corp. (OTC BB: SOEN) (the Company) will celebrate this week with the news that California’s Million Solar Roofs bill, SB1 authored by Senator Kevin Murray, has finally passed on the Senate Floor by a vote of 36 to 4, and that the solar industry has at last gained bipartisan support for the nation’s largest and most comprehensive solar program in the United States.

The bill was signed into law by Governor Schwarzenegger at a ceremony held at the new solar powered CalTrans building in downtown Los Angeles last week.

Throughout the past months after the original Million Solar Roofs bill was defeated by legislature, Solar EnerTech Corp., a California-based company, kept busy building its solar cell production plant in Shanghai, with the firm belief that the bill, or a similar act would someday become law and that the Company would become a supplier for the million solar roofs in its home state.

To read the complete release, go to http://biz.yahoo.com/iw/060828/0157654.html

CybeRelease Gainers are IDS WORLDWIDE INC (OTC PK: IDWD), Coronado Industries Inc. (OTC BB: CNDO), Akamai Technologies, Inc. (Nasdaq: AKAM), Gilead Sciences, Inc. (Nasdaq: GILD), Travelzoo Inc. (Nasdaq: TZOO), Intervideo, Inc. (Nasdaq: IVII), Genzyme General (Nasdaq: GENZ) and Mercury Interactive Corp. (OTC PK: MERQ).

CybeRelease Decliners are EPIX Pharmaceuticals, Inc. (Nasdaq: EPIX), Red Hat, Inc. (Nasdaq: RHAT), Patterson-UTI Energy, Inc. (Nasdaq: PTEN), Genesis Microchip Inc. (Nasdaq: GNSS), NGAS Resources, Inc. (Nasdaq: NGAS), Petrohawk Energy Corporation (Nasdaq: HAWK), Hoku Scientific, Inc. (Nasdaq: HOKU) and Blue Dolphin Energy Company (Nasdaq: BDCO).

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 informational 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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