SOURCE: Dakshidin Corporation

September 25, 2007 17:36 ET

Dakshidin Corporation Signs MOU With HS Green Products Ltd.

LAS VEGAS, NV--(Marketwire - September 25, 2007) - Dakshidin Corporation (PINKSHEETS: DKSC) ( announced today that it has signed a memorandum of understanding (MOU) with HS Green Products Ltd. to supply windmills for water purification plants in China. The initial deal will require an estimated minimum twenty (20) windmills and will grow substantially from there, with the possibility for Dakshidin Corporation to participate in a joint venture with HS Green Products Ltd. in the future.

Nick Laroche, President and CEO of Dakshidin Corporation, stated, "This is another great opportunity for us to showcase our superior windmill design in yet another developing marketplace. We have already successfully set up distribution channels in Africa and we are now looking to capitalize on opportunities in Asia and beyond."

The RESTEC Windmill is THE renewable, cost-effective and environmentally friendly solution for the world's water crisis.

HS Green Products Ltd. are well established in Asian markets and market other green products.

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Forward-Looking Statements:

The information in this press release includes certain "forward-looking" statements within the meaning of the Safe Harbor provisions of Federal Securities Laws. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.

Contact Information

  • For Investor Relations contact:
    David Putnam
    (647) 477-8440