SOLOMON TECH (OTC:SOLM)
Industry: Technology

Listed 1 Consecutive Market Days. On List as of 03/09/2006 Through 03/10/2006

Solomon Technologies, Inc. develops and markets electric propulsion systems for marine application. The Company refers to its electric power drive systems as ST Electric Propulsion Systems. A few of the systems of Solomon Technologies incorporate its Electric Wheel and related technologies consisting of two direct current (DC) permanent magnet electric motors connected by a planetary gear-set driving an output power shaft, all within a sealed housing. Motors developed using Electric Wheel technology are referred to as the Company's ST Electric Wheel (STEW) series. Solomon Technologies, Inc. has also developed motors using a variation of the Electric Wheel technology that employ one or more DC motors only and operate without a planetary gear-set that Solomon Technologies refers to as its ST Electric Motor (STEM) series. The Company's line of electric motors (STEW and STEM) incorporated in its electric power drive systems are referred to as its ST Electric Propulsion Systems (ST-EPS). The Company markets and sells the ST Electric Wheel and ST Electric Motor series Electric Propulsion Systems. The systems consist of the motor and controller, the safety power management distribution unit, the battery bank and battery charger, an e-meter, ammeter, keyswitch, DC breakers and a throttle control. Solomon Technologies also offers optional generators for hybrid charging configurations, optional inverters for alternating current (AC) applications and a DC-to-DC charger for maintaining 12-volt DC house power. The ST-EPS provides the foundation for efficient power management. Solomon Technologies, Inc. has developed two product lines of motor systems, the STEM series and the STEW series. The Company's STEM series employs one or two of the DC electric motors and controllers used in the ST Electric Wheel series and does not incorporate a planetary gear-set. The STEM series models are the ST37 and ST74. The ST37 single motor design replaces up to a 24-horsepower diesel motor and provides continuous torque output to the shaft of 37 foot-pounds. The ST37 is designed for boats weighing up to 20,000 pounds. The ST74 dual motor design replaces up to a 48-horsepower diesel motor and provides continuous torque output to the shaft of 74 foot-pounds. The ST74 is designed for boats weighing up to 32,000 pounds. The STEW series employs the Electric Wheel. The STEW series motor consists of two flat, opposing, brushless, DC electric motors connected to the planetary gear set. The STEW series model, the ST58 Electric Wheel dual motor system, replaces up to a 36-horsepower diesel motor and provides continuous torque output to the shaft of 58 foot-pounds. The ST58 is designed for boats weighing up to 24,000 pounds. The Safety Power Management Distribution Device (SPMD) is a panel designed to act as an interface for all of the devices making up the Company's series of Electric Propulsion Systems. The SPMD is an enclosed unit that is required for each system. The Company specifies 144-volts DC (12 X12 volt DC) Absorbed Glass Mat batteries wired in series to provide power performance. This battery configuration provides the cruising boater with power, efficiency and the freedom to extend boating range. The 144-volt battery bank can be charged by a shore charger, propeller regeneration or an optional diesel generator (gense). Solomon Technologies offers shore chargers built for 144-volt DC output and 110-volt/220-volt AC input. The e-meter is used to monitor the fuel level of the battery bank. It displays battery voltage, amperage being consumed and amp hours remaining. The e-meter also reads out battery regeneration. The Blue Sky Systems model 8236 DC ammeter is connected to the motor and reads the amperage drawn by the motor when powering or the amperage produced by the motor in regeneration mode. The Cole-Hersee, M-676 Marine Ignition Switch is a 12-volt, two-position switch that turns the ST-EPS on and off. Turning the switch to the on position activates a relay located in the SPMD. The relay in turn connects the 144-volt DC circuit that p

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