Solar Integrated Selects Jefferies As Financial Advisor

Los Angeles, California and London, UK, July 31, 2006 – Solar Integrated Technologies, Inc. (AIM: SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today that it has retained Jefferies & Company, Inc. to serve as its financial advisor.  Jefferies will assist Solar Integrated’s board of directors and management in its ongoing evaluation of its strategic alternatives to enhance shareholder value.

About Solar Integrated
Solar Integrated Technologies, Inc. (SIT: AIM.LN) is a Los Angeles-based company that designs, manufactures and installs building integrated photovoltaic, or BIPV, roofing systems for customers with non-residential buildings that have flat or low-slope rooftops.  We believe we were the first company in North America to commercially market and sell an innovative and proprietary BIPV roofing system that combines flexible thin-film solar modules with a single-ply roofing membrane for the non-residential building market.  Our BIPV roofing system enables our customers to transform a traditional rooftop into a value-generating asset.  Our customers include Coca-Cola Enterprises, Frito-Lay, Honeywell, San Diego Unified School District, Toyota and Wal-Mart. 

Forward-Looking Statement
This release includes forward-looking statements which are based on certain assumptions and reflect management’s current expectations as contemplated under the Safe Harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995.  These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations.  Some of these factors include:  the availability and cost of capital; uncertainty as to whether our strategies, partnerships and business plans will yield the expected benefits; general global economic conditions; general industry and market conditions and growth rates; increasing competition; the ability to identify, develop and achieve commercial success for new products, services and technologies; changes in technology; changes in laws and regulations, including government incentive programs; intellectual property rights; our ability to secure and maintain strategic relationships, including key supply relationships; and the availability of, and our ability to retain, key personnel.  Additional factors are discussed in our public disclosure materials from time to time.  We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.                               

 

For more information, please contact:

Company Contacts:
Solar Integrated Technologies, Inc.                              Solar Integrated Technologies, Inc.
R. Randall MacEwen                                                    John M. Palumbo
Executive Vice President, Corporate Development      Chief Financial Officer
Los Angeles, California, USA                                        Los Angeles, California, USA
+1.323.231.0411                                                          +1.323.231.0411

Media Contacts:
Gavin Anderson & Company                                        Solar Integrated Technologies, Inc.
Ken Cronin or Deborah Walter                                     Dona Garcia
London, UK                                                                  Los Angeles, California, USA
+44.20.7554.1400                                                       +1.323.231.0411