SOLAR QUARTZ TECHNOLOGIES INC. (SQTI) receives FINRA approval of Name and Symbol Change from Anasazi Energy Corporation; SQTI $530 million takeover of Anasazi now finalized

HOUSTON, Dec. 20, 2016 (GLOBE NEWSWIRE) -- Solar Quartz Technologies, Inc. (OTC.US:SQTI), formerly Anasazi Energy Corporation, today announced the Company has completed the name change to Solar Quartz Technologies, Inc. The Company’s new symbol is SQTI. The corporate action was made effective by FINRA on the OTC markets on Monday, December 19, 2016.

Kevin Graham, CEO of Solar Quartz Technologies, Inc. stated: "The FINRA approval is a very important milestone for the company that will now enable SQTI to proceed with its integration and commercialization plans for High Purity Quartz Sand ('HPQS') production, an essential component necessary for the manufacture of PV Solar Panels, Semi-conductors and all high-end electronics. World marketplace opportunities have never been more advantageous for the Solar, Semi-conductor and high-end electronics primary material manufacturer."


High-tech Manufacturing HPQS Facility

Solar Quartz Technologies Limited is a High-Tech Refining and Processing enterprise group focused on the production of commercial quantities of High Purity Quartz Sand (“HPQS”), an essential component necessary for the manufacture of PV Solar Panels, Semi-conductors and all high-end electronics. The longevity of the SQT projects is assured due to its extensive supplies of feedstock raw material for refining HPQs located at its wholly owned HP silica mineral deposits (JORC 14 m. tons) located in Queensland, Australia.

SQT’s primary focus is to re-establish the highly profitable production of commercial quantities (30,000-50,000 tpa.) of High Purity Quartz Sand from new commercial facilities in both Australia and the USA.

SQT has very little competition, as there is less than a handful of organizations capable of manufacturing appropriate high quality commercial quantities of HPQS globally. HPQS is traditionally in a position of under supply compared to global requirements. The burgeoning global demand for large capacity power generating solar farms both in the US and worldwide is further accentuating the high demand for high purity quartz sand production.

Safe Harbor

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Solar Quartz Technologies, Inc. encourages those interested in our Company to rely only on information included in our filings which can be found at Statements released by Solar Quartz Technologies, Inc. that are not purely historical are forward-looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions, and strategies for the future. Investors are close cautioned that forward-looking statements involve risk and uncertainties that may significantly affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental, and technological factors. The company does not undertake any responsibility to update the forward-looking statements contained in this release.

For further information please contact: Michael Selsman +1.310-553-5732

Source:Solar Quartz Technologies, Inc.