Small Cap IR Reiterates Recent Analyst Coverage of Solar3D after Announcement of 2nd Qtr. Revenues Up 95% over Previous Qtr.

Jul 22, 2015, 13:35 ET from Small Cap IR

NEW YORK, July 22, 2015 /PRNewswire/ -- Small Cap IR takes a moment to reiterate recent analyst report. Solar3D (NASDAQ: SLTD) announced preliminary results for the second quarter of 2015 ending June 30, 2015 with a 95% increase of revenues over the previous quarter. The increase to $11.0 million makes it the highest revenue quarter in history according to the company. Guidance for the year is projected at $40-45 million for the full year 2015. Currently Solar3D is trading up 24% on the day.

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About Solar3D, Inc.

Solar3D (SLTD), leading provider of solar power solutions, is focused on the design, installation and management of solar power systems for commercial, agricultural and residential customers. Through its wholly owned subsidiaries, Solar3D is one of the fastest growing solar systems providers in California delivering 2.5 kilowatt to multi-megawatt commercial systems. Solar3D's technology division is developing a patent-pending 3-dimensional solar cell technology to maximize the conversion of sunlight into electricity. The Solar3D Cell collects sunlight from a wide angle and lets light bounce around in 3-dimensional microstructures on the solar cell surface. The Company's mission is to further the widespread adoption of solar power by deploying affordable, state-of-the-art systems and developing breakthrough new solar technologies.

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Safe Harbor Statement

This press release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to anticipated revenues, expenses, earnings, operating cash flows, the outlook for markets and the demand for products. Forward-looking statements are no guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statements. Such statements are based upon, among other things, assumptions made by, and information currently available to, management, including management's own knowledge and assessment of the Company's industry and competition. The Company refers interested persons to its most recent Annual Report on Form 10-K and its other SEC filings for a description of additional uncertainties and factors, which may affect forward-looking statements. The company assumes no duty to update its forward-looking statements