Solomon Technologies, Inc. News
Solomon Expands Advisory Board
Dr. Kutkut is the founder and CEO of
"I am pleased that Nasser has agreed to join our team on the Advisory Board" said
Dr. Kutkut commented, "I am excited about assisting Peter and Jim in identifying and penetrating new segments in which Solomon's existing and developing technology can be adapted and focused. It appears that there are many product/market expansion alternatives before us. Our biggest task will be in identifying the most interesting ones and helping the operating team execute effectively."
Information about Solomon Technologies, Inc.:
Solomon Technologies, Inc., through its Motive Power and Power Electronics divisions, develops, licenses, manufactures and sells precision electric power drive systems, including those utilizing its patented Electric Wheel(R) Electric Transaxle(TM) and hybrid and regenerative technologies as well as direct current power supplies and power supply systems requiring high levels of reliability and ruggedness for defense, aerospace, marine, commercial, automotive, hybrid electric and all electric vehicle applications.
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. in this release that are not historical in nature, particularly those that utilize 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 are identified and discussed from time to time in the Company's filings with the Securities and Exchange Commission. The forward- looking statements contained in this release speak only as of the date hereof, and the Company undertakes no obligation to correct or update any forward- looking statements, whether as a result of new information, future events or otherwise.
Contact: Solomon Technologies, Inc. Peter DeVecchis, 727-859-4447 www.solomontechnologies.com or Crescent Communications David Long, 203-226-5527
SOURCE Solomon Technologies, Inc.
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