Solomon Technologies

Press Releases and Announcements

Solomon Technologies Schedules Conference Call With Investors to Review 2007 First Quarter Results
TARPON SPRINGS, FL. May 16, 2007 — Solomon Technologies, Inc. (OTCBB:SOLM) announced today that it has scheduled a conference call with investors on Friday, May 18, 2007 at 9:00 AM Eastern Daylight Savings Time, to discuss the Company's financial results for the quarter ended March 31, 2007.

Gary G. Brandt, Chief Executive Officer will be joined on the call by Gary Laskowski, Chairman of the Company's Board of Directors, Michael D'Amelio, Director and Secretary of the Company and Sam Occhipinti, Chief Financial Officer to review the Company's financial and operational highlights.

Interested parties should call 1-800-819-9193 (US and Canada) or 1-913-981-4911 (International) five minutes in advance to participate. The call will also be open to all interested investors through a live audio Web broadcast accessible at the Solomon Technologies, Inc. corporate website, www.solomontechnologies.com. For those unable to listen to the live broadcast, the call will be archived on the above-mentioned site.

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(tm), 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 the 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.

Solomon Technologies, Inc.
Peter DeVecchis, 727-934-8778

Crescent Communications
David Long, 203-226-5527
www.crescentir.com