National Press Release

DANBURY, Conn., June 16 /PRNewswire-FirstCall/ -- Solomon Technologies, Inc. (OTC Bulletin Board: SOLM) today announced the addition of Patrick D. Coady to its corporate Advisory Board. Mr. Coady is past President of Applied Computer Technology, a microcomputer service and networking company and the retired Chief Technology Officer of Hudson Valley DataNet, the last venture he co-founded (and subsequently sold). He is also an avid sailor and long time Solomon investor.

Mr. Coady has over forty years experience working in diverse fields, including light and heavy construction, yacht and hovercraft building, micro-computer sales, service and networking. He has broad interest and experience in diesel electric propulsion and was previously a member of the US Naval Reserve, where he qualified as a submariner in diesel-electric boats. A life-long sailor, Mr. Coady is the owner of a sailboat powered by the Solomon electric drive system.

"I am pleased that Pat has agreed to join our Advisory Board," said Jim Dunn, Chairman of Solomon's Advisory Board. "Pat's entrepreneurial business experience, his marine propulsion engineering knowledge and his understanding of the unique characteristics of Solomon's technology adds an important dimension to our group. We now have a terrific breadth of knowledge in the advisory group encompassing all aspects of Solomon's technology and opportunities."

Mr. Coady commented, "I am pleased to be working with Jim Dunn and the other members of the Board in helping Solomon focus its efforts. Having been intimate with only a small portion of the Company's underlying technology, I am convinced there are tremendous possibilities on which we can capitalize. I am excited about working with the whole management team to achieve the Company's goals."

Peter DeVecchis, President of Solomon, commented, "I have known Pat Coady for some time as both an investor in Solomon and a customer for our products. His extensive knowledge of our technology and its marine applications, along with his great enthusiasm for our mission makes his addition to the Advisory Board very beneficial. We all look forward to working with him as we move aggressively to grow the Company both organically and through acquisition."

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.

    Contact:

    Solomon Technologies, Inc.
    Peter DeVecchis, 727-859-4447
    www.solomontechnologies.com

    or

    Crescent Communications
    David Long, 203-226-5527

SOURCE Solomon Technologies, Inc.