Daystar Technologies, Inc. Completes First Solar Park Acquisition in Hawaii
From Avatar Solar
KELOWNA, British Columbia, Feb. 15, 2013 (GLOBE NEWSWIRE) -- 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
Lorne Roseborough, DayStar's President, stated, "This is the first completed
transaction in DayStar'sstrategy to acquire fully operational projects. We
are looking atgeographicalregions where we plan to expand services to build
and operateprojects as a solar power provider, very similar to companies like
SolarCity. The big difference is that DayStar is activelylooking to own
andoperateprojects long-term,and has plans to change how renewable energy
is provided 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, firstname.lastname@example.org, 778-484-5159.
For Investor Relations, contact Mr. William Nalley, Orsay Groupe,
email@example.com, phone 305-515-8077.
The DayStar Technologies, Inc. logo is available at
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