PacWest Equities, Inc. Announces Details of the Acquired DayStar Technologies,
Inc. Solar Technology Line of CIGS Technology and
Library of 51 Patents and Pending Patents
LAS VEGAS, NV -- (Marketwired) -- 08/01/13 -- PacWest Equities, Inc.
(PINKSHEETS: PWEI), through its recent purchase of the DayStar
Technologies, Inc. (a NASDAQ Listed Company) Solar Technology Line of
CIGS Technology, announces it has received ownership of Fifty-One
(51) US and China Patents, Patents Pending, and Patent Applications,
protecting its Intellectual Property rights of DayStar's 15 Chamber
CIGS production line which produces solar covered glass panels at the
rate of one 2 x 4 sheet per minute, and protecting the technology
that makes them the only manufacturer of large panel, solar glass
panels in the world. These Patents are also of significant importance
to PacWest Equities wholly owned subsidiary, World EcoSource, which
developed its proprietary MobileFood(R) and MobileFeed(R) Organic
Food and Feed production lines.
The technology cost over $100 Million to develop, with $67 Million
going to Research and Development, $12 Million to build the prototype
line, and $27 Million going to the actual production line now in
physical possession of PacWest Equities, Inc., which addresses the
construction market's need to replace typical tinted window panes in
high-rise buildings with Solar Glass Panels that generate electricity
at the same time as functioning as a window, a skylight, or any other
type of building cover. This technology is designed to integrate with
other technologies in the building market, but at the same time
opening up huge surface areas for Solar Generation that previously
were tinted, coated, and usually curtained to attempt to stop the
transfer of heat and energy drain.
About PacWest Equities, Inc.
PacWest Equities, Inc. specializes in working with under-performing
companies and bringing together the resources needed for them to
attain financial stability and growth. Our focus is on recession
proof industries such as food and energy production showing a
positive upside while struggling to bring new bio-technologies and
unique products to market.
About World EcoSource, Corp.
The World Eco Source MobileFeed(R) and MobileFood(R) units provide
turnkey systems for either the production of livestock based
consumables or human based protein and vegetable consumables. The
MobileFeed(R) units are truly a sustainable green life cycle farming
system. Using solar powered and water conservation growing systems,
one trailer can produce 1500 pounds daily of organically grown grass
for year round livestock consumption, lowering feed costs by 200%
while producing Certified Organic, Grass Fed livestock, increasing
profitability of the final product.
About DayStar Technologies, Inc.
DayStar Technologies, Inc. has been an industry leader in the
development of thin film copper-indium-gallium-di-selenide solar
photovoltaics, commonly known as CIGS solar cells, for the direct
conversion of sunlight into electricity. Thin film photovoltaic CIGS
have the greatest promise for reducing the cost of solar energy.
Layers of the semiconductor are deposited along with other layers of
material to form a cell that utilize the photovoltaic effect to
enable the generation of solar electricity.
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Company specifically disclaims any obligation, to update any
forward-looking statements to reflect occurrences, developments,
events or circumstances after the date of such statement.
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