Solar Thin Films, Inc. in Talks with Large European Renewable Energy Developer

Total Output Anticipated to Exceed 100 Megawatts ($350 US Million)

CEDARHURST, N.Y.--(BUSINESS WIRE)--Solar Thin Films, Inc. (Pinksheets:SLTZ) (the "Company") today announced that the Company is in talks with a large European renewable energy developer on several solar energy projects in Europe. The total output of such projects is anticipated to exceed 100 megawatts. There can be no assurance that any contracts will result from such talks, or that any contracts signed will have successful results.

?We are building a strong relationship with some of the leading players in the European market, who are experienced in developing profitable renewable energy projects. We are exposed to large size projects with unique economic parameters.?

Adiv Baruch, Chairman of the Board of the Cenergy Global Corp., a wholly-owned subsidiary of the Company, stated, "We are building a strong relationship with some of the leading players in the European market, who are experienced in developing profitable renewable energy projects. We are exposed to large size projects with unique economic parameters."

About Solar Thin Films, Inc.

Solar Thin Films, Inc. was formerly engaged in the manufacturing of solar module production equipment and turnkey amorphous silicon module factories. The Company has shifted its focus from turnkey facility production, to establishment, operation and management of solar farms domestically and internationally.

About Cenergy Global Corp.

Cenergy will seek to engage in the development and syndication of Solar Power projects. Forming Cenergy is the Company's latest step in shifting its focus to the establishment, operation and management of solar farms.

Forward-Looking Statements

This press release, together with other statements and information publicly disseminated by the Company, contains certain 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. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Except as otherwise required by the federal securities laws, the Company disclaims any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein.

Source: http://feeds.businesswire.com/click.phdo?i=f157b02cdc38f6a6fa3bc032a69abc95

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