DayStar Technologies (DSTI) Receives Approval From NASDAQ for Its
Listing Qualification Panel Hearing
KELOWNA, BC -- (Marketwire) -- 01/16/13 -- DayStar Technologies,
Inc. (NASDAQ: DSTI) has submitted its response to hold an annual
meeting within one year of the end of the Company's fiscal year
ending. This response was submitted to the previously announced,
NASDAQ staff determination letter of non-compliance of listing rules,
which included the requirement to file a Form14A. The company has
established the date of the annual meeting as well as the filing of a
Form 14A to be held on March 14, 2013. NASDAQ's letter further
states, "if at any point before the hearing the Company believes it
has regained compliance with all criteria for continued listing and
can evidence an ability to sustain compliance with those requirements
over the long term, the Company should notify its Listing Analyst and
also inform the NASDAQ Office of General Counsel, Hearings (Hearings
Department). If the Listing Analyst determines that the Company has
regained compliance, the Hearings Department will advise the Company
by letter that the hearing is canceled."
The hearing will be held on Thursday, March 21, 2013 at 2:00 p.m. at
the law offices of:
Akin, Gump, Strauss, Hauer & Feld, LLP 1333 New Hampshire Avenue,
N.W., 10th Floor Washington, D.C. 20036
About DayStar Technologies:
DayStar Technologies, Inc. (DSTI) is a developer of solar
photovoltaic products based upon CIGS thin film deposition technology
and is currently embarked on a strategy of strategic partnerships to
enter new markets within the global renewal energy industry including
ownership and construction of solar and renewable power plants. For
more information, visit the DayStar website at www.daystartech.com/.
Safe Harbor: Statements contained in this news release which are not
historical facts may be forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of 1995.
Forward-looking statements can be identified by the fact that they do
not relate strictly to historical or current facts. They often
include words like "believe," "expect," "anticipate," "estimate" and
"intend" or future or conditional verbs such as "will," "would,"
"should," "could" or "may." We undertake no obligation to update any
For further information contact:
Stuart Gray or Dan Giesbrecht
William J Nalley
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