PacWest Equities, Inc. Secures Invitation From Brazilian Government Officials
to Bring Its Line of Solar Manufacturing Equipment to
LAS VEGAS, NV -- (Marketwired) -- 08/05/13 -- PacWest Equities, Inc.
(PINKSHEETS: PWEI) announced today that it has been invited by
Government Officials in Brazil to bring its CIGS Line of Solar
manufacturing equipment, acquired in a deal some analysts valued in
excess of $55 Million USD, to Brazil to open a multi-product suite of
solar products for production and distribution in Brazil and other
South American countries.
Based upon the Company's technology and the acquisition of DayStar
Technologies, Inc.'s library of 51 patents, patents pending,
international patents, and Intellectual Property, Brazilian Officials
feel that PacWest Equities is uniquely positioned to help propel them
into a leader in the production of Solar Photovoltaic products.
The technology, which 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 and possession of PacWest Equities, Inc., 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. With the amount of solar
potential in Brazil, combined with their high electricity rates and
desire to preserve the environment, Brazil is uniquely positioned for
rapid growth in this sector.
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 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 pro
for reducing the cost of solar energy. Layers of the semiconductor
are deposited along with other layers of material to form a cell that
utilizes the photovoltaic effect to enable the generation of solar
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herein are as of the date of this press release and should not be
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does not undertake, and the Company specifically disclaims any
obligation, to update any forward-looking statements to reflect
occurrences, developments, events or circumstances after the date of
PacWest Equities, Inc.
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