UNIONDALE, N.Y., Oct. 8, 2014 (GLOBE NEWSWIRE) -- Solar Thin Films, Inc. (OTCBB: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, announces that the SEC halted trading in its common stock. The Company had no prior notice or communication from the SEC. The Company recently filed to be in compliance with OTC Markets and believes that all of its filings and news releases are accurate. The Company believes that the trading halt by the SEC should be reversed. The Company has provided the SEC with documentary proof of its position.
About Solar-Thin Films, Inc.
The Company is focused on developing its business in three areas: (1) developing and manufacturing shipping and storage containers using patent pending Fiber Reinforced Plastics (FRP) technology, (2) building emergency/deployable housing using patent pending FRP technology and (3) developing waste to energy and solar energy projects which will be marketed and sold globally.
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.
CONTACT: James Solano, President & CEO
Tel: 1 (516) 341 - 7787
Email: allenvte@gmail.com
