Solomon Announces Passing of Director

Apr 26, 2007, 01:00 ET from Solomon Technologies, Inc.

    TARPON SPRINGS, Fla., April 26 /PRNewswire-FirstCall/ -- Solomon
 Technologies, Inc. (OTC Bulletin Board:   SOLM) announced today David J.
 Parcells, a director of Solomon Technologies, Inc. (the "Company"), passed
 away on April 21, 2007.
     Mr. Parcells had been a director of the Company since September 2005.
 He was an independent director, under the definition set forth in NASDAQ
 Marketplace Rule 4200, and served on the company's audit and compensation
     Starting in December 2003, Mr. Parcells served as Chief Financial
 Officer of Garrity Industries, Inc, a privately held manufacturer and
 leading supplier of flashlights under the Garrity brand name. From January
 2000 to September 2003, Mr. Parcells was Vice President and Chief Financial
 Officer for eLOT, Inc, a publicly traded internet company serving the
 lottery industry. From September 1998 to January 2000, he was President and
 Chief Financial Officer of Sentinel Business Systems, a privately held bar
 code data collection software provider and systems integrator. Mr. Parcells
 was a Certified Public Accountant and held a BS degree in Accounting from
 Providence College. Mr. Parcells was a substantial contributor to Solomon's
 strategy development, was a key director on its audit committee and gave
 much time to charity.
     Mr. Parcells died Saturday after pulling out of the 24-mile Tampa Bay
 Marathon swim in St. Petersburg, Fla. Mr. Parcells, a veteran long-distance
 swimmer, complained of feeling sick and left the water about four hours
 into the race. It was his eighth time competing in the event he had won in
     Although Mr. Parcells had been diagnosed with multiple sclerosis last
 fall, he continued to train and swim. Among Mr. Parcells' plans was an
 August swim around the island of Jersey off the coast of France to raise
 money for Bridgeport, Connecticut's St. Vincent's Medical Center
 Foundation, which helps cancer patients and their families.
     Mr. Parcells had completed double crossings of the approximately
 21-mile English Channel before teaming up nearly three years ago to attempt
 a triple crossing to raise money for St. Vincent's. A former triathlete who
 completed the Hawaii Ironman in 1989, Mr. Parcells gave up running and
 biking after his sixth knee operation in 1995. He focused on swimming, and
 in 2002 became the oldest person, at 44, to complete a double crossing of
 the English Channel, doing it in 21 hours, 30 minutes.
     Mr. Parcells was the race director for a number of triathlons and
 swims, including the Swim Across the Sound, which also raised money for St.
     Mr. Parcells was instrumental in getting people involved in open-water
 swimming. He is survived by two children.
     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(TM), 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

SOURCE Solomon Technologies, Inc.