Technipower Systems, Inc.(fka TECZ)

[DD-214]

Here's what's happening with SOLM (2/7/09)..

A good place to start your DD is with these few highlights and recent events for Solomon Technologies.. see the IBOX for more detailed news and events..

SOLM is traded on the OTCBB and is fully SOX (Sarbanes Oxley) Compliant..

A/S 500m... 216m outstanding shares as of 11-18-2008 per 10Q..
Insiders bought/acquired over 30 million shares the past 12 months..


Tuesday February 3, 2009, 9:00 am EST
Solomon Awarded Second Patent in 2009
http://finance.yahoo.com/news/Solomon-Awarded-Second-Patent-prnews-14234513.html

Wednesday January 28, 2009, 1:32 pm EST
Solomon Awarded New Patent for Electric Drive Technology
http://finance.yahoo.com/news/Solomon-Awarded-New-Patent-prnews-14183763.html

January 2009 Power and Motor Yacht Magazine Article features Solomon Technologies (SOLM) and their Chief Engineer..
http://www.powerandmotoryacht.com/maintenance/here_comes_the_sun


For the nine months ended September 30, 2008 we generated revenues of $7,421,953 as compared to $5,204,103 for the nine months ended September 30, 2007, an increase of $2,217,850, or 42.6%

web site... http://www.solomontechnologies.com/

Solomon Technologies (SOLM) is suing Toyota Motor Corp in Federal District Court, Tampa Bay, for Patent Infringement..

Federal District Court REOPENED PATENT INFRINGEMENT CASE AGAINST TOYOTA MOTOR CORP on AUGUST 27, 2008

Update 12-11-2008 Toyota's motion to dismiss is DENIED!
Defendants’ (Toyota) motion to dismiss or, in the alternative, for summary judgment (doc. 35)
is DENIED WITHOUT PREJUDICE for the reasons stated at the hearing.

Court Filing 10-16-08 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=32910091

UNITED STATES DISTRICT COURT
MIDDLE DISTRICT OF FLORIDA
TAMPA DIVISION
SOLOMON TECHNOLOGIES, INC.,
Plaintiff,
v. Case No. 8:05-cv-1702-T-27MAP
TOYOTA MOTOR CORPORATION, et al.,
Defendants.


Solomon has been awarded Numerous Government/Military contracts as recent as December 2008..

http://finance.yahoo.com/news/Solomon-Awarded-500000-prnews-13717580.html

Tuesday December 2, 2008, 6:50 am EST

Solomon Awarded $500,000 Development Contract
DANBURY, Conn., Dec. 2, 2008 - Solomon Technologies, Inc. (OTCBB:SOLM), announced today that it has been awarded a $500,000 contract to develop a precision multi-output power supply as part of a classified navigation system for the U.S. government. A production contract of similar size is expected sometime next year assuming the development contract is successful.

Solomon Awarded Third Phase Military Contract
DANBURY, Conn., Sept. 4, 2008 - Solomon Technologies, Inc. (OTCBB:SOLM), announced today that its Technipower unit has been awarded a third phase contract to develop and supply additional power supplies for a new advanced vehicle launch ordinance system for the United States military. Technipower was awarded the first phase contract in February of 2007 and the second phase in June of 2008.

Solomon Awarded Commercial Marine Contract
DANBURY, Conn., Sept 2, 2008 - Solomon Technologies, Inc. (OTCBB:SOLM),announced today that its Motive Power Division has won a second contract to provide its proprietary propulsion technology for use in water taxis in Singapore. The taxis will be used in and around Singapore harbor in accordance with the local government's strict regulations regarding environmentally friendly power sources.

Solomon Awarded $1.1 Million Contract
DANBURY, Conn., July 22, 2008 - Solomon Technologies, Inc. (OTCBB:SOLM), announced today that its Power Electronics division has been awarded a production contract to supply multiple high voltage power drive systems for laser cutting applications. The contract, valued in excess of $1.1 million, comprises fifty systems incorporating the Cobalt 15 product technology.

Solomon Awarded Second Phase Development Contract
DANBURY, Conn., June 30, 2008 - Solomon Technologies, Inc. (OTCBB:SOLM), announced today that its Technipower subsidiary has been awarded a contract to develop and supply a power supply for the second phase of a new advanced vehicle launch ordinance system for the United States military. Solomon was awarded the first phase contract in February of 2007.

Solomon Systems Commissioned in Singapore
DANBURY, Conn., June 26, 2008 - Solomon Technologies, Inc. (OTCBB:SOLM), today announced that the first eight water taxis using Solomon's ST-74 marine propulsion systems have been commissioned for operations in the rivers and harbor areas of Singapore. Solomon worked with the marine constructor in Singapore to provide a powerful, environmentally friendly system, using its proprietary propulsion technology.


About the Company:
We develop, engineer, manufacture, license and sell electric power drive systems. We intend to expand the licensing, manufacturing and sale of electric power drive systems, including those incorporating hybrid and regenerative technologies, and the licensing and manufacturing of our Electric Wheel® and Electric Transaxle®. We also provide sophisticated power production and automated power management products and offer a broad array of engineering services and solutions for motive applications, autonomous energy production and systems automation.

Our operations presently comprise two divisions: a Power Electronics Division, which encompasses our power systems business, and a Motive Power Division, which encompasses our electric power drive technologies. With this structure, we are working to exploit opportunities for market consolidation, cross marketing and core business growth in separate but compatible niche markets for specialized high value original equipment manufacturer ("OEM") power applications and electric power drive systems. While our operating assets are divisionalized, we expect and encourage a formal exchange of engineering and sales talent across the business units.


Incorporated in 1995

Patented technology developed – Integral Continuously Variable Transmission (the Electric Wheel)

Filed lawsuit against Toyota for Patent infringement September 12, 2005.. Federal District Court REOPENED CASE AUGUST 27, 2008

Professional investment partner

Became public February 24, 2004; currently traded as SOLM.OB

Expand our proprietary, Patented technology into profitable applications

Expand profitable marine market applications globally

Focus R&D on high volume/profit, land-based applications

Seek strategic alliances with partners at both the supplier and license level

Promote environmental impact of STI systems

Acquired Technipower LLC of Danbury, CT on August 17, 2006

Acquired Deltron Inc North Wales, PA on September 5, 2007


Intellectual Property

Electric Wheel(TM)
US Patent 5,067,932: Dual-Input Infinite-Speed
Integral Motor and Transmission Device

Marine Vessel Propulsion
US Patent 5,863,228: Method and Apparuts
for Propelling a Marine Vessel

Electric Transaxle(TM)
US Patent 5,851,162: System and Apparatus
for a Multiple Input and Dual Output Electric
Differential Motor Transmission Device

IN ADDITION ARE THE TWO NEW PATENTS AWARDED TO SOLOMON IN JAN/FEB 2009