SOURCE: Dakshidin Corporation

April 27, 2009 16:29 ET

Dakshidin Corporation to Become "Reporting Issuer"

LAS VEGAS, NV--(Marketwire - April 27, 2009) - Dakshidin Corporation (PINKSHEETS: DKSC) (FRANKFURT: 4LQ), producers of the world's most powerful water pumping windmill, to become reporting issuer.

Based on the numerous advances that the company has made over the past year, Dakshidin Corporation has initiated the steps necessary to become a full reporting issuer.

"Considering how far we have progressed during the past 12 months, this is obviously the next natural phase of growth for Dakshidin and the first step toward joining a more senior market such as the NASDAQ. We are currently in the process of finding a suitable accounting firm," stated Nicolas (Nick) Laroche, CEO of Dakshidin Corporation.

In consideration of the imminent production of Dakshidin Corporation's highly anticipated turbine and the implementation into production of its most recently filed patent pending technology, the company feels it is ready to take this step.

The "new" turbine and the latest technology not only supply a much needed solution for the low wind speed niche in the energy market but, especially with the latest technology modifications (patent pending), significantly reduces the already low cost per kWh of Dakshidin's existing product therefore making the company even more price competitive.

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.

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