SAN FRANCISCO and WUXI, China, Dec. 3 /PRNewswire-Asia/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP) the world's leading manufacturer of photovoltaic (PV) modules, today announced that it has experienced an accident in its module production facilities.
On November 28, 2008, seven Suntech employees were injured as a result of an accident that occurred due to the malfunction of a piece of module lamination equipment at Suntech Power's PV module facilities in Wuxi, China. The seven injured employees are receiving further medical treatment and are recovering in hospital.
Suntech's safety management department swiftly implemented the appropriate measures to ensure the safety of other staff and the facility. Suntech has provided information to the manufacturer of the malfunctioning equipment and recommended that it inspect all similar lamination machines.
Suntech places the highest priority on protecting the well-being of its employees. The Company maintains the highest international production and safety standards and is certified with the ISO 9000 quality management standard and the ISO 14000 environmental management standard.
Suntech's regular PV cell and module production and shipments were not impacted by the accident.
About Suntech
Suntech Power Holdings Co., Ltd. the world's leading solar energy company as measured by both production output and capacity of solar modules. Suntech is passionate about improving the environment we live in and dedicated to developing advanced solar solutions that enable sustainable development. Suntech designs, develops, manufactures, and markets a variety of high quality, cost effective and environmentally friendly solar products for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech offers one of the broadest ranges of BIPV products under the MSK Solar Design Line(TM). Suntech has sales offices worldwide and is a market share leader in key global solar markets. Suntech Energy Solutions is a wholly owned subsidiary of Suntech Power Holdings Co., Ltd. For more information, please visit http://www.suntech-power.com .
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute "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, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in Suntech's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Suntech does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
For more information on Suntech, please contact:
In China:
Rory Macpherson
Investor Relations Director
Tel: +86-21-6288-5574
Email: rory@suntech-power.com
In the United States:
Sanjay M. Hurry
Vice President
The Piacente Group, Inc. (Investor Relations Counsel, Suntech)
Tel: +1-212-481-2050
Email: suntech@tpg-ir.com
