Solomon Ships First 100kW System for Energy Market

DANBURY, Conn., Oct. 23, 2007 -- Solomon Technologies Inc. (BULLETIN BOARD: SOLM) announced today that it has delivered the first shipment of a $500,000 order to a major manufacturer of capital equipment targeting the rapidly growing solar industry. This high voltage, 100 kilowatt power conversion system is an adjunct to Solomon's Cobalt 15 product line, designed for the harsh working conditions endemic to industrial manufacturing and other OEM environments.

"Since acquiring Technipower last year, Solomon has continued to invest in new product development targeted at high growth market opportunities," said Jack Worthen, President of the Power Electronics Division. "Our initial market success with the Cobalt product line is particularly encouraging as we expand our marketing efforts in the alternative energy sector. The inherent configurability of the Cobalt 15 in both power range and voltage level allows us to play a crucial role in markets where efficient energy conversion is critical to our customer's success."

Mr. Worthen continued, "As our Power Electronics Division has continued to expand with the recent acquisition of Deltron, the opportunities to serve broader and larger markets has increased substantially. In addition, our new offshore manufacturing capabilities provide us with the ability to provide enhanced product capability with high energy density and a correspondingly low cost per watt."

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(R), 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.