Solar3D Issues Letter to Shareholders
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SANTA BARBARA, CA -- (Marketwired) -- 03/11/15 -- Solar3D, Inc. (NASDAQ: SLTD), a provider of solar power solutions and the developer of a proprietary high efficiency solar cell, today announced the Company has issued a letter to its shareholders.
Highlights of the letter include:
-Closing on $12.5 million stock offering through Cowen Group
-Recent uplisting to The NASDAQ Stock Market
-Discussion of Solar3D's progress and strategy from a corporate and financial perspective
-Market dynamics driving the solar market in both residential and commercial sectors
-Review of the Company's recent acquisitions including, MD Energy
-Corporate developments that include the appointment of a new Chief Financial Officer
-The Company's sales initiative for future growth
To read the Letter to Shareholders in full, please visit: http://solar3d.com/investor_information.php
About Solar3D, Inc.
Solar3D, a leading provider of solar power solutions, is focused on the design, installation and management of solar power systems for commercial, agricultural and residential customers. Through its wholly owned subsidiaries, Solar3D is one of the fastest growing solar systems providers in California delivering 2.5 kilowatt to multi-megawatt commercial systems. Solar3D's technology division is developing a patent-pending 3-dimensional solar cell technology to maximize the conversion of sunlight into electricity. The Solar3D Cell collects sunlight from a wide angle and lets light bounce around in 3-dimensional microstructures on the solar cell surface. The Company's mission is to further the widespread adoption of solar power by deploying affordable, state-of-the-art systems and developing breakthrough new solar technologies.
To learn more about Solar3D, visit our website at http://www.Solar3D.com.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These risks include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, products, and prospects for sales, failure to commercialize our technology, failure of technology to perform as expected, failure to earn profit or revenue, higher costs than expected, persistent operating losses, ownership dilution, inability to repay debt, failure of acquired businesses to perform as expected, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
Contact:Investor Relations Andrew Haag Managing Partner IRTH Communications [email protected] Tel: (877) 368-3566Media Eric Fischgrund FischTank Marketing and PR [email protected]
Source: Solar3D, Inc.
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