DayStar Technologies, Inc. Completes First Solar Park Acquisition in Hawaii
From Avatar Solar
KELOWNA, BC -- (Marketwire) -- 02/15/13 -- DayStar Technologies,
Inc. (NASDAQ: DSTI) announces completion of its first acquisition
from Avatar Solar of a Hawaiian solar park. The Company's agreement
with Avatar is to acquire all its operational solar parks throughout
the State of Hawaii. DayStar paid cash and common shares issued at
$2.00 for this solar park.
Lorne Roseborough, DayStar's President, stated, "This is the first
completed transaction in DayStar's strategy to acquire fully
operational projects. We are looking at geographical regions where we
plan to expand services to build and operate projects as a solar
power provider, very similar to companies like SolarCity. The big
difference is that DayStar is actively looking to own and operate
projects long-term, and has plans to change how renewable energy is
provide long-term with our investment in Premier Global.
About DayStar Technologies Inc.
DayStar Technologies, Inc. (DSTI) is a developer of solar
photovoltaic products and has assembled a world-class team of project
engineers, and industry finance professionals, to facilitate the
complete development of renewable energy projects throughout the
world. DayStar is currently embarking 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
For corporate information, contact Mr. Dan Giesbrecht, VP Business
Development, email@example.com, 778-484-5159.
For Investor Relations, contact Mr. William Nalley, Orsay Groupe,
firstname.lastname@example.org, phone 305-515-8077.
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For corporate information, contact:
Mr. Dan Giesbrecht
VP Business Development
For Investor Relations, contact:
Mr. William Nalley
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