SOURCE: Dakshidin Corporation

April 17, 2008 12:39 ET

Dakshidin Corporation Approved for Trading on the "Open Market" Segment of the Frankfurt Stock Exchange

LAS VEGAS, NV--(Marketwire - April 17, 2008) - Dakshidin Corporation (PINKSHEETS: DKSC), producers of the world's most powerful water pumping windmill, announced today that it has been granted permission to trade its shares on the "Open Market" Segment of the Frankfurt Stock Exchange. The Frankfurt trading symbol will be "4LQ.F" and the German securities code: (WKN) will be A0MK86.

Dakshidin Corporation CEO, Nick Laroche commented, "We are very pleased to have been approved for trading on the Frankfurt Stock Exchange. The Frankfurt Exchange will make obtaining our shares less problematic for German and European potential stockholders and will provide substantially improved liquidity in our common stock overall."

Mr. Laroche said, "Additionally, we are striving to enhance our corporate visibility in Germany and expand our corporate image to a broader investor community in Europe. We believe that the Frankfurt Stock Exchange listing will assure that our compelling story will now reach a much larger European investor audience."

The Frankfurt Stock Exchange:

The FWB Frankfurter Wertpapierborse is the world's third largest organized Exchange-trading market in terms of turnover and dealings in securities. It accounts for more than 75 percent of the total securities turnover in Germany and is therefore the most important of the eight German stock exchanges. The public guarantor of the FWB is the Deutsche Börse AG whose duty it is to ensure the full viability of trading in securities. With the support of state-of-the-art computer-based trading, processing and information systems the Frankfurt Stock Exchange has been able to keep pace with the ever-increasing demands of the international stock market business. There is a full spectrum of computerized security trading available through Xetra® in addition to the traditional floor trading. Xetra® was established in November 1997 and has enabled the FWB to consolidate its existing competitive edge and create an attractive framework for international investors and market participants. The cosmopolitan atmosphere Frankfurt enjoys is demonstrated in the membership structure of the stock market where more than 70 foreign banks and financial service companies are counted among the total of more than 330 members.

Restec's MARK 10 Windmill is the cost-effective and environmentally friendly solution for the world's water crisis and Restec's Mark 10E Wind Turbine is the cost-effective and environmentally friendly solution for the world's energy crisis!

About Dakshidin Corporation: Through its wholly owned subsidiary, RESTEC International Inc., produces the world's most powerful pumping windmill. Throughout the world, especially in developing countries, there is a dire need for water to fulfill basic human self-sufficiency demands. In most cases, the problem is not the lack of available water, but the cost and reliability of obtaining it. The RESTEC water pumping Windmill and the Restec Wind Turbine is the renewable, cost-effective and environmentally friendly solution for the world's water and energy crisis.

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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:
    Dakshidin Corporation
    Phone: (647) 477-8440