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 .
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
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
For more information, please contact:
VP of Business Development
Suntech Power Holdings Co., Ltd.
Ogilvy Public Relations Worldwide
SOURCE Suntech Power Holdings Co., Ltd.
/CONTACT: Steven Chan, VP of Business Development of Suntech Power
Holdings Co., Ltd., +86-510-8531-8910, or firstname.lastname@example.org; or Rory
Macpherson, Senior Associate of Ogilvy Public Relations Worldwide,
+86-10-8520-6553, or email@example.com /
/Web Site: http://www.suntech-power.com /
CO: Suntech Power Holdings Co., Ltd.
ST: China, New York
IN: CPR OIL UTI
-- CNM026 --
4193 01/08/2007 08:00 EST http://www.prnewswire.com