4LQ), producers of the world's most powerful water pumping
windmill.
Dakshidin Corporation and the Wuhan Government will organize a ceremony in
the Wuhan City District at the site location for the purpose to introduce
the successful performance of the Restec Mark 10 Water Pumping Windmill.
There will be numerous guests and potential buyers invited throughout the
province and City districts and other parts of China to attend the event,
also overseas business partners will attend this event to be planned for
late March or April of 2009.
Dakshidin Corporation is moving forward in a constructive and positive
approach to accomplish its market presence, even though the media and some
of the investment community have been reporting a major downturn in global
markets. "Yes it is evident that leaders of the world's financial systems
have failed to control a balance of economic
well-being. This does not change certain basic needs of people, water
being one of the most important ones. We will continue to build on the
successful performance of our Mark 10 windmill in Wuhan city, and this
proposal from the Wuhan government could prove to be a major stepping stone
for our company," commented Nick Laroche, President of Dakshidin
Corporation."
We firmly believe Dakshidin is in the right place at the right time in
developing its market presence in China with its environmentally friendly
products, to help the farmers and poor villages become more efficient and
productive. The Chinese people and the governments have been most
hospitable and receptive to our eco friendly technology, and seem more than
satisfied with the performance thus far. It has taken time to get to
understand the Chinese culture and develop the trust that is needed to
build a solid presence in China. The Chinese governments are truly
concerned about pollution and global warming. The utilization of our
environmentally friendly Restec Mark 10 Water pumping windmills for the
agriculture community and small developing villages is a major step in the
right direction. They feel no different than the western world as they need
to feed a population of 1.3 billion people daily to survive. Therefore, a
clean environment is of great importance to them and they are making
changes now and for the future.
About us: Dakshidin Corporation, through its wholly owned subsidiary,
RESTEC International Inc., are producers of 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
is a renewable, cost-effective and environmentally friendly solution for
the world's water crisis.
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.