SOURCE: Dakshidin Corporation

April 12, 2007 11:21 ET

Dakshidin Corporation Successfully Installs Windmill for U.S. Distributor

LAS VEGAS, NV -- (MARKET WIRE) -- April 12, 2007 -- Dakshidin Corporation (PINKSHEETS: DKSC) has completed the successful installation of a RESTEC windmill in Prescott Valley, Arizona. This windmill was purchased by RESTEC's first U.S. distributor. RESTEC International Inc. is a wholly owned subsidiary of Dakshidin Corporation.

RESTEC is selecting distributors for the windmills over the next few months and plans to have over 25 distributors by the end of the third quarter 2007. The first 3 distributors have been selected to cover the U.S., North Africa, France, Spain and Italy.

RESTEC's distributor for Africa will be traveling there in the next two weeks to meet with the many groups that have expressed an interest in the world's most powerful water pumping windmill. The various groups that have contacted our distributor will be using the windmill initially for pumping water. These groups are very interested in RESTEC's R&D efforts that will provide the windmill with the ability to generate electricity as well as provide fresh drinking water by using either flash distillation or reverse osmosis.

One of RESTEC's goals is to be able to provide coastal regions with a windmill unit that is capable of desalinating ocean water for communities. Using only the renewable and sustainable power of the wind and no other external energy sources involving fossil fuels, RESTEC will be able to provide a turnkey solution to water starved coastal and island communities.

In line with the company's goal of providing fresh drinking water, the Company is investigating the purchase of a small bottling company or the establishment of one that would incorporate the RESTEC water system. This company would be able to provide water that has not created any 'carbon footprints.'

Dakshidin Corporation is focusing primarily on acquiring companies in the renewable and sustainable energy markets and welcomes all companies to send us their business plans for evaluation.

In compliance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, DKSC notes that statements contained in this announcement that are not historical facts may be forward-looking statements that are subject to a variety of risks and uncertainties. Accordingly, DKSC wishes to caution readers of this announcement that its future actual results may differ materially from those that any forward-looking statements may imply. There is no assurance the above-described events will be completed. There can be no assurance of the ability of the company to achieve sales goals, obtain contracts or financing, consummate acquisitions or achieve profitability in the future. The above and additional factors are discussed in detail in the company's filings with the U.S. Securities and Exchange Commission. These may be viewed at www.sec.gov and many other Web sites without charge.

Contact Information

  • For Investor Relations contact:
    David Putnam
    Email: ir@dakshidin.com
    (647) 477-8440