Back to News

Iron Consulting: New Report : SOEN Targets Solar Market Growth Identified as 55% to $11.2 Billion

Jun 15, 2006 (M2 PRESSWIRE via COMTEX) -- Stocks To Watch: Solar EnerTech Corp. (OTCBB: SOEN), Ciena Corporation (Nasdaq: CIEN), HealthSouth Corporation (PinkSheets: HLSH), HydroFlo, Inc (PinkSheets: HYRF), Unique Pizza and Subs Corporation (PinkSheets: UPZS)
FEATURED STOCK: Solar EnerTech Corp.

Ticker Symbol SOEN: Current Price (1.50) http://www.solarenertech.com

Solar EnerTech Corp. Targets Solar Market Growth Identified as 55% to $11.2 Billion According to New Report

MENLO PARK, CA--- June 15, 2006 -- Solar EnerTech Corp. (OTC BB: SOEN.OB - News) (the Company) announced that the Company is ramping up towards its near term goal to quickly achieve solar cell manufacturing capabilities to meet rapidly increasing demand in the solar power market, which grew 55% last year according to a newly published research report. Clean Edge, Inc. reports the solar photovoltaic (PV) market grew to $11.2 billion in 2005 and estimates it will reach $51.1 billion by 2015. Solar EnerTech is focused on the development and manufacture of quality solar cells, new applications and advanced technologies to take advantage of the burgeoning opportunity in the solar industry.

Published in March by Clean Edge, a research and publishing firm, "Clean Energy Trends 2006" states: "For the first time in modern history, clean energy technologies are becoming cost-competitive with their dirtier' counterparts. While oil and natural gas prices remain stubbornly high and frustratingly volatile across the globe, and as nuclear and coal-based energy remain dogged by environmental and safety concerns, clean energy prices continue their near-relentless downward march."

The report asserts that the clean energy market has gained considerable momentum and represents one of the fastest-growing technology sectors in the world. According to its research, solar PV (including modules, system components, and installation) is up 55% over 2004 and will grow from an $11.2 billion industry in 2005 to $51.1 billion by 2015.

The research also notes that a shortage of silicon feedstock materials is posing a challenge for the solar industry as companies face hurdles acquiring enough high-grade silicon to keep pace with demand. Earlier this week Solar EnerTech reported the execution of a Letter of Intent with PAIS Industries Group whereby PAIS Industries would supply the Company with 1,200 metric tons of solar grade silicon ingots for a duration of three years. The intent of the LOI is to supply Solar EnerTech with silicon feedstock needed to manufacture its leading edge solar cells and ensure access to affordable materials regardless of industry-wide shortages or price shifts. The arrangement is contingent upon completion of a formal agreement between PAIS Industries and the government of the Inner Mongolia Autonomous Region to allow PAIS the rights to develop and process locally mined silicon into a marketable solar grade end product.

As announced, construction of Solar EnerTech's new state-of-the-art solar cell manufacturing plant in Shanghai is running ahead of schedule and within budget. The projected production capacity for its facility is estimated at an output of 20 megawatts per production line. At current prices this projection translates into roughly $37.5 million dollars in annual revenue per line. The Company's strategic plan is to have the initial 20 megawatts in production by fourth quarter of this year.

About Solar EnerTech Corp. (SOEN.OB) Solar EnerTech is a photovoltaic (PV) solar energy cell manufacturing enterprise based in Shanghai, China where the Company is establishing a sophisticated 42,000 square foot manufacturing and research facility in Shanghai's Jinqiao Modern Science and Technology Park. Solar EnerTech plans to invest in PV cell research to develop higher efficiency cells and put the results of that research to use immediately in its manufacturing processes. Led by one of the industry's top scientists, the Company's R&D program will work to bring Solar EnerTech to the forefront of advanced solar technology research and production. The Company has also established a marketing, purchasing and distribution arm in Northern California's Silicon Valley.

On Behalf of the Board Solar EnerTech Corp.

Leo Shi Young, President

Investor Relations Contact Boundary Point Investor Relations Inc.

1-866-378-7372 http://www.solarenertech.com For in-depth analyst report please visit : www.growthstockanalyst.com SmallCapVoice.com, Inc. announced that a new audio interview is available at SmallCapVoice.com. The featured guest is Leo S. Young, President of Solar EnerTech Corp. (OTC BB:SOEN.OB). Mr. Young stopped by to discuss all of the Company's recent news as well as providing a strong outlook for the Company in 2006. The interview can be heard here at http://www.smallcapvoice.com/soen/soen-6-2-06.html.

Ciena Corporation Ticker Symbol CIEN: Current Price (4.02) www.smallcapstockalert.com Ciena Corporation supplies communications networking equipment, software, and services to telecommunications service providers, cable operators, governments, and enterprises. It operates through four segments: Transport and Switching Group (TSG), Data Networking Group (DNG), Broadband Access Group (BBG), and Global Network Services (GNS). The TSG segment offers transport and switching products that enable service providers to increase the efficiency of their metropolitan communications networks, as well as to transition and converge their metropolitan communications infrastructures to support multiple service traffic types. The DNG segment provides multiservice edge switching and routing portfolio that enables telecommunications service providers to transition their metropolitan communications networks from legacy technologies, such as ATM and Frame Relay, to next-generation technologies, such as Ethernet and IP/MPLS. The BBG segment offers broadband access products that allow telecommunications service providers to transition their voice networks to support next generation services, such as Internet based telephony, video services, and DSL. The GNS segment offers a range of consulting and support services, including network design, deployment services, product installation, testing and commissioning access, and data and optical networks; maintenance and support services for its channel partners and end users; managed services for helpdesk and technical assistance, spares, logistics management, software updates, engineering dispatch, advanced technical support, and hardware and software warranty extensions; and service partner certification and documentation services. The company sells its communications networking equipment, software, and services through its direct sales efforts, as well as through channel relationships in the North America, Europe, Latin America, and Asia. Ciena Corporation was incorporated in 1992 and is headquartered in Linthicum, Maryland.

HealthSouth Corporation Ticker Symbol HLSH: Current Price (4.35) www.smallcapstockalert.com HealthSouth Corporation provides ambulatory surgery and rehabilitative health care services in the United States. The company's Inpatient segment operates inpatient rehabilitation facilities (IRFS), long-term acute care hospitals (LTCH), home health, and skilled nursing units, as well as provides treatment on both an inpatient and outpatient basis. Its Surgery Centers segment operates ambulatory surgery centers that provide facilities and medical support staff necessary for physicians to perform nonemergency surgical procedures in various specialties, such as orthopedic, GI, ophthalmology, plastic, and general surgery. HealthSouth's Outpatient segment operates outpatient rehabilitation facilities and outpatient facilities owned by other health care providers that it maintains. Its outpatient centers offer a range of rehabilitative health care services, including physical therapy and occupational therapy, with a focus on orthopedic, sports-related, work-related, hand and spine injuries, and various neurological/neuromuscular conditions. The company's Diagnostic segment operates diagnostic imaging centers, which provide outpatient diagnostic imaging services, such as MRI services, CT services, X-ray services, ultrasound services, mammography services, nuclear medicine services, and fluoroscopy. As of December 31, 2005, HealthSouth operated 93 IRFs and 10 LTCHs; 620 outpatient rehabilitation facilities; 158 ambulatory surgery centers and 3 surgical hospitals; and 85 diagnostic centers. The company was founded 1983 and is headquartered in Birmingham, Alabama.

HydroFlo, Inc Ticker Symbol HYRF: Current Price (0.08) www.smallcapstockalert.com HydroFlo, Inc., a business development company, focuses on businesses that engage in the treatment and purification of water. The company acquires and develops technologies and businesses that improve the quality of water by means of detection, treatment, and removal of contaminants. Its subsidiaries include HydroFlo Water Treatment, Inc., an international provider of wastewater treatment solutions for industrial and governmental entity customers; Metals & Arsenic Removal Technology, Inc., which markets technologies to remove arsenic and other primary contaminants from drinking water; Safety Scan Technology, Inc., which provides a technology to analyze and detect preprogrammed contaminants in a water system; and Ultra Choice Water, Inc., which distributes and finances water treatment systems to households and businesses worldwide. The company sells its products and services through a combination of direct sales and manufacturer's representatives. HydroFlo was incorporated in 1999 and is based in Apex, North Carolina.

Unique Pizza and Subs Corporation Ticker Symbol UPZS: Current Price (0.7595) www.smallcapstockalert.com Unique Pizza and Subs Corporation currently is a startup/development stage company. Jim Vowler, President and CEO, completed four years of research before opening his first pizza restaurant in Millvale, PA, and then spent the next eleven years refining every aspect of the pizza business and was responsible for opening more than 20 locations under the name Unique Pizza Factory Corporation. Mr. Vowler's pizzas were the official pizza of the Pittsburgh Penguins and won numerous awards for taste and quality. Calling on this experience, Mr. Vowler has assembled an experienced management team to further develop the company's unique, quality products and business model that is well positioned for rapid growth.

Verify all claims and do your own due diligence. Iron Consulting profiles are not a solicitation or recommendation to buy, sell or hold securities. Iron Consulting is not offering securities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. All statements and expressions are the sole opinion of the editor and are subject to change without notice. Iron Consulting is not liable for any investment decisions by its readers or subscribers. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. The information contained herein has been provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. It should be understood there is no guarantee that past performance will be indicative of future results. Investors are cautioned that they may lose all or a portion of their investment in this or any other company. In order to be in full compliance with the Securities Act of 1933, Section 17(b), smallcapstockalert.com is owned and operated by Iron Consulting. Iron Consulting has received eighteen thousand dollars from Equity Alliance Intl. for its internet marketing services, from Equity Alliance Int. LLC for its marketing and consulting services. Neither Iron Consulting nor any of its affiliates, or employees shall be liable to you or anyone else for any loss or damages from use of this e-mail, caused in whole or part by its negligence or contingencies beyond its control in procuring, compiling, interpreting, reporting, or delivering this Web Site or e-mail and any contents. Since Iron Consulting receives compensation and its employees or members of their families may hold stock in the profiled companies, there is an inherent conflict of interest in Iron Consulting statements and opinions and such statements and opinions cannot be considered independent. Iron Consulting and its management may benefit from any increase in the share prices of the profiled companies. Information contained herein contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be "forward looking statements". Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Iron Consulting services are often paid for using free-trading shares. Iron Consulting may be selling shares of stock at the same time the profile is being disseminated to potential investors; this should be viewed as a definite conflict of interest and as such, the reader should take this into consideration.

CONTACT: e-mail: ironconsulting@gmail.com

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

(C)1994-2006 M2 COMMUNICATIONS LTD

**********************************************************************
As of Sunday, 06-11-2006 23:59, the latest Comtex SmarTrend(SM) Alert, an automated pattern recognition system, indicated an UPTREND on 06-01-2006 for CIEN @ $4.47.

(C) 2006 Comtex News Network, Inc. All rights reserved.