WUXI, China, Jan. 8 /Xinhua-PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP) one of the world’s leading manufacturers of photovoltaic (PV) cells and modules, today announced that Steven Chan, Vice President of Business Development, will present at the Needham & Company Ninth Annual Growth Conference to be held at The Palace Hotel in New York City on January 9 to 12, 2007. Mr. Chan will present on January 10, 2007 at 3:30 pm and will participate in one-on-one meetings with investors and analysts.
During his presentation, Mr. Chan will provide an overview of Suntech’s 2007 plan including its successful efforts to secure affordable silicon supply in 2007 enabling the rapid expansion of its PV cell and module production lines at a time when worldwide silicon shortages are hindering peer companies’ ability to do likewise. Mr. Chan will also explain recent advances in Suntech’s R&D initiatives that leverage its low-cost manufacturing techniques to gain market share in diverse sales regions worldwide.
A webcast of the presentation will be available on the “Investors” section of the Suntech website: http://www.suntech-power.com .
About Suntech
Suntech Power Holdings Co., Ltd. is a leading solar energy company in the world as measured by both production output and capacity of solar cells and modules. Suntech provides solar solutions for a green future. Suntech designs, develops, manufactures, and markets a variety of high quality, cost effective and environmentally friendly PV cells and modules for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech’s majority-owned subsidiary, MSK Corporation is one of Japan’s largest PV manufacturers and one of the top-ranked companies in the building-integrated photovoltaics (BIPV) space. Suntech’s customers are located in various markets worldwide, including key markets throughout Europe, Japan, China and the United States. 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. Among other things, Suntech’s expectations with respect to the silicon supply agreement highlighted above contain forward-looking 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.
