Solar Night Industries Establishes Russian Solar Technology R&D Arm
July 11 2006 - 1:21PM
Business Wire
Solar Night Industries, Inc. (OTC Pink Sheets: SLND), a solar
solutions company for consumers, commercial, industrial and
governmental customers, today announced the addition to its ranks
of Professor Eli Goldstein, Ph.D, a Moscow-based academic with
expertise in nuclear physics, transportation, and magnetic
levitation. Professor Goldstein will head up the Moscow Office of
SNI and joins the Solar Night Industries international R&D team
to lead an effort to identify and secure Russian solar technologies
and products for the wider international market. Over the last few
years, Russia has developed a significant number of technologies
and applications in the solar arena for space, security, and energy
saving projects. After the disintegration of the USSR, as contacts
with United States became more commonplace, many of the unique
solar technologies developed by Russian scientists and industry
became available to the western world. "Russian know-how in the
fields of human space exploration, shuttle design, International
Space Station support, photovoltaic cells, telecommunications
upgrades and breakthroughs, physical vapor deposition systems, and
high-efficiency solar cells, among others, make it one of the
world's greatest untapped resources for future-looking alternative
energy development," stated Dr. Goldstein. Among the areas of
Russian technology and products which Dr. Goldstein hopes to
analyze and source for SNI are a variety of solar cells, solar
consumer products, solar lights, solar cell chargers and solar
water pumps. In addition, Dr. Goldstein will be an integral part of
the SNI R&D team as the company seeks new applications for
solar technologies. "A strategic alliance with Russian science and
technology gives Solar Night Industries a significant head start in
the accelerating innovation process and a real competitive
advantage as a solar solutions provider," explained SNI President
Jason Loyet. "Solar Night Industries, Inc. is excited at the
promise of working with Russia in this exciting area. Dr. Eli
Goldstein is valuable addition to the SNI team." About Solar Night
Industries, Inc. Solar Night Industries, Inc., based in St. Louis,
Missouri (USA), is a global manufacturer and distributor of
innovative solar products. The company was founded by technology,
manufacturing, and sales executives with extensive industry
experience and proven track records of success. The company has
operations in St. Louis, Missouri and Sarasota, Florida, with
affiliate offices in Mainland China. The company is developing
products for consumer, business, and government markets. For more
information, please visit http://www.SolarNightIndustries.com. Safe
Harbor Statement This press release contains forward-looking
statements which are made in reliance upon the "Safe Harbor"
provisions of the Private Securities Litigation Reform Act of 1995.
Actual results could differ materially from the statements
expressed or implied herein due to a variety of factors including,
but not limited to: the development of Solar Night Industries'
solar cell technology and solar solutions, ability to secure
additional financing, the successful marketing and distribution of
Solar Night Industries' products market acceptance of Solar Night
Industries' products and technology, competition and timing of
projects and trends in the solar industry, as well as other
factors. The forward looking statements contained herein are made
only as of the date of this press release, and Solar Night
Industries undertakes no obligation to publicly update such forward
looking statements to reflect subsequent events or circumstances.
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