Solomon Establishes Advisory Board

DANBURY, Conn., Aug. 28, 2007 -- Solomon Technologies, Inc. (BULLETIN BOARD: SOLM) announced today that its Board of Directors has established an independent advisory board, consisting of up to five members, to help in identifying critical technology, market and product trends germane to the business of the Corporation. Dr. Glen Wegner was appointed as the initial member and Chairman of the Corporation's Advisory Board.

Dr. Wegner is a serial entrepreneur and is currently the president of Health Business Synergies, based in Boston, MA. Dr. Wegner's vast experience in creating and developing business opportunities using a multidisciplinary approach in technology based organizations is expected to sharpen Solomon's technology focus in the power systems market. Dr. Wegner has been charged with identifying and recruiting other key members of the Advisory Board.

"I am pleased to be working with Glen Wegner as Chairman of our Advisory Board and expect it to be an important step in the evolution of Solomon over the next year," commented Gary Brandt, CEO of Solomon. "With management focused on the integration of the pending acquisitions of Deltron and Unipower, having Dr. Wegner as a key advisor will be a major benefit as we approach our annualized revenue goal of $25 million by year end and $100 million in 2009. Dr. Wegner's involvement will allow us to simultaneously pursue growth opportunities in the alternative energy and energy efficiency markets."

Dr. Wegner commented, "I am excited about the various opportunities before Solomon and believe that the Company's unique technology has numerous marketplace applications. Our job will be to help the Board of Directors and operating management identify the most promising opportunities and then assist Gary Brandt and his team in developing an effective plan to exploit those situations."

Information about 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 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.