North Coast Solar Stocks

September 8, 2009

Solar Thin Films Completes Reverse Stock Split and Changes Trading Symbol to SLTZ:OB

Filed under: SLTZ — Tags: , , , — Jason @ 1:31 pm

Tuesday September 8, 2009, 1:31 pm EDT

DIX HILLS, NY–(Marketwire – 09/08/09) – Solar Thin Films, Inc. (SLTZ) today announced that as of September 3, 2009, it completed a one-for-five reserve split of its outstanding shares of common stock. As a result each of the reverse split, each of the approximately 100.0 million previously outstanding shares represents 0.20 of a new share, and there are now approximately 20.0 million Solar Thin Films shares outstanding.

In addition, the Financial Industry Regulatory Authority (FINRA) agreed to change the trading symbol of Solar Thin Films shares on the OTC Bulletin Board from SLTN.OB to SLTZ.OB.

Robert M. Rubin, President of Solar Thin Films, commented, “We believe that this reverse stock split will help to rationalize our capital structure and will enable our Company shares to ultimately trade at levels that will more meaningfully reflect our anticipated growth, additional orders and return to profitability.”


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