Solar EnerTech Appoints Chief Financial Officer

MENLO PARK, Calif., April 7 /PRNewswire-Asia-FirstCall/ -- Solar EnerTech
Corp. (OTC Bulletin Board: SOEN) (the "Company") today announced that it has
appointed Steve M. Ye as Chief Financial Officer, effective April 2, 2009 to
replace its former CFO, Ms. Anthea Chung.
Mr. Ye joins Solar EnerTech from Wells Fargo, where he had served as
Financial Controller since September 2006. Previously, he was a Global
Financial Planning & Analysis Manager at GE, and prior to that, a Financial
Analyst at ABN AMRO Bank. Mr. Ye holds an MBA from the William E. Simon
Graduate School of Business Administration, University of Rochester, and a BA
in Accounting from Shanghai International Studies University. He is also a
member of AICPA and a chartered financial analyst (CFA).
"We are very pleased to welcome Steve and his solid pedigree to our senior
management team," commented Mr. Leo Young, Chief Executive Officer of Solar
EnerTech. "His extensive experience in financial analysis, controls, and
planning gained at two of the largest US companies can undoubtedly help with
the growth and development of our business, as we continue to focus on steady
revenue and margin improvement. Steve is also an accomplished accountant
skilled in budgeting and forecasting. We expect him to contribute to our
strategy and efforts to penetrate the U.S. market which we believe can serve
as a compelling growth opportunity for our business moving forward. I will be
working directly with Steve and look forward to his contributions in expanding
our presence in the PV solar market."
About Solar EnerTech Corp.
Solar EnerTech is a photovoltaic ("PV") solar energy cell manufacturing
enterprise incorporated in the United States with its corporate office in
Menlo Park, California. The Company has established a sophisticated 63,000
square foot manufacturing plant located in China, in Shanghai's Jinqiao Modern
Technology Park. Currently, the Company is capable of producing 50MW of solar
cells from its existing production line.
Solar EnerTech has also established a Joint R&D Lab at Shanghai University
to develop higher efficiency cells and to put the results of that research to
use in its manufacturing processes. Led by one of the industry's top
scientists, the Company expects its R&D program to help bring Solar EnerTech
to the forefront of advanced solar technology research and production.
Safe Harbor Statement
Statements contained in this press release, which are not historical
facts,
are forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. These forward-looking statements
are based largely on current expectations and are subject to a number of known
and unknown risks, uncertainties and other factors beyond our control that
could cause actual events and results to differ materially from these
statements. These statements are not guarantees of future performance, and
readers are cautioned not to place undue reliance on these forward-looking
statements, which are relevant as of the date of the given press release and
should not be relied upon as of any subsequent date. Solar EnerTech
undertakes no obligation to update publicly any forward-looking statements.
SOURCE Solar EnerTech Corp.

Bill Zima, ICR Inc. at +1-203-682-8200 (Investor Relations)