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Solomon's Technipower Subsidiary Awarded $1.3M Contract From Thales Raytheon Systems
DANBURY, Conn., July 19, 2007 - Solomon Technologies, Inc. (OTCBB:SOLM), announced today that its Power Electronics Division (PED) was awarded a contract valued at approximately $1.3 million from Thales Raytheon Systems as part of the Firefinder program. The Firefinder is a mobile radar system that detects the source of incoming projectiles and directs return fire. Solomon's Power Electronic Division has been providing highly reliable power supplies to this program that has protected ours and foreign troops from enemy fire.
"We are proud to be part of Thales Raytheon's defensive system and the opportunity to play an integral role in the protection of our troops" said Jack Worthen, President, Power Electronics Division. "Delivering highly reliable designs and building power electronics that survive decades of military use without failure -- is key to our success."
"This contract underscores the value we saw in the Technipower brand and its track record of providing rugged military power supplies" commented Gary G. Brandt, CEO, Solomon Technologies. "For fifty years Technipower has remained on the forefront of power technology, and we are confident that we can parlay this experience into significant value for our shareholders as we integrate the pending Deltron and Unipower acquisitions."

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