Solar Thin Films, Inc. Announces Contract to Construct First Eco-House
July 23 2013 - 9:00AM
Business Wire
Solar Thin Films, Inc. (USOTC: SLTZ) (the “Company”), an
environmentally conscious company working to bring new products to
market with a strong focus on Fiber Reinforced Plastics technology
(FRP), as well as waste to energy and solar energy, announced today
its first contract to construct an Eco-House.
The Eco-House is the Company’s answer to the devastation of
Hurricane Sandy and other similar natural disasters. The first
Eco-House will be constructed in Highland Park, New York on the
site of a single family home that was completely destroyed during
Hurricane Sandy. This unique dwelling has the following
characteristics:
- Pre-fabricated construction built to
exceed HUD and ICC standards, and is GREEN approved
- Built 7.5 feet above the ground,
capable of withstanding flood waters 5 feet above ground level
- Can withstand 150 mph winds, including
the insulated windows
- Radiant heat in all the floors
- Powered with full solar PV (Photo
Voltaic) system installed on the roof
- New technology “instant” hot water
system
- LED lighting throughout the house
- An R factor insulation rating of
27
James Solano, the Company’s President & Chief Executive
Officer commented, “The Eco-House is an exciting development that
will change how we think about housing on and near the seashore. It
is a timely answer to a changing environment, and we are pleased to
be on the leading edge of this technology to build affordable,
self-sustaining housing that fills this desperate need. We believe
that the construction of this first Eco-House, which will be
completed in September, will lead to a significant number of
additional contracts in the New York area in the near future. We
will provide updates as we sign additional contracts.”
About Solar-Thin Films, Inc.
Through its subsidiary Quality Resource Technologies, Inc., the
Company is focused on developing its business in three areas: (1)
developing and manufacturing shipping containers using patented
Fiber Reinforced Plastics (FRP) technology, (2) building housing
using patented FRP technology and (3) developing waste to energy
and solar energy projects which will be marketed and sold in
initially the United States and the Caribbean.
Forward-Looking Statements
This press release, together with other statements and
information publicly disseminated by the Company, contains certain
forward-looking statements within the meaning of Section 27A
of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. The Company
intends such forward-looking statements to be covered by the safe
harbor provisions for forward-looking statements contained in the
Private Securities Litigation Reform Act of 1995 and includes this
statement for purposes of complying with these safe harbor
provisions. Except as otherwise required by the federal securities
laws, the Company disclaims any obligation or undertaking to
publicly release any updates or revisions to any forward-looking
statement contained herein.
Notwithstanding the language set forth in the preceding
paragraph, the safe harbor for forward- looking statements under
the Private Securities Litigation Reform Act of 1995 is not
available for statements made by an issuer of a penny stock.
Investors should review the Company’s filings with the OTC
Markets including, but not limited to, sections with respect to
intellectual property.
Solar-Thin Films, Inc.James Solano, 516-341-7787President &
CEOallenvte@gmail.com
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