SOURCE: Dakshidin Corporation

December 17, 2007 08:42 ET

Dakshidin Grants Exclusive Rights to Cervantes Windmill Corporation in Caribbean

LAS VEGAS, NV--(Marketwire - December 17, 2007) - Dakshidin Corporation (PINKSHEETS: DKSC) (, producers of the world's most powerful water pumping windmill, is pleased to announce that it has granted the exclusive rights to Cervantes Windmill Corporation to Caribbean nations as well as Bahamas and Bermuda. Cervantes will initially set up demonstration sites in Bermuda for a golf course application and Antigua for an agricultural demonstration.

The total market for the Restec windmill in the Caribbean, plus the Bahamas and Bermuda is estimated to be in the tens of millions of dollars, possibly in excess of one hundred million dollars.

Golf courses pump millions of dollars of water per year to keep their fairways and greens in top condition. Currently the golf course has two rainwater catch basins totaling over 1 million gallons. The windmills are capable of pumping this water for many kilometers to supply the course.

In Antigua there are 3 full growing seasons that exist for produce such as melons. The typical melon farm uses 100,000 gallons per day to produce an EU top-rated product. Currently one producer is generating power with a diesel unit to desalinate water for the fields. This one producer alone is spending over $20,000 per month for fuel and maintenance. The RESTEC Mark 10 E would easily replace the source of electricity to desalinate and deliver the water needed.

David Putnam, former COO of Dakshidin Corporation, has cordially by his decision, terminated his position with the company to focus his complete time to insuring the success of this distributorship. Having worked and lived in the Caribbean, Mr. Putnam has many connections to draw upon to make this venture profitable. Cervantes is planning an aggressive marketing campaign in the whole region. Dakshidin wishes Mr. Putnam the best success.

The initial goal of Cervantes is to supply windmills to the agricultural communities that exist in the countries that have sufficient ground water to draw upon, such as Cuba and the Dominican Republic. The secondary market is for the small communities that have no access to fresh drinking water and have to rely upon desalinated water that is created either off island or locally. The RESTEC Mark 10 is ideally suited to these communities.

"These nations will be able to produce and transport water in an environmentally responsible manner, while at the same time greatly reducing their current cost," stated Nick Laroche, President and CEO of Dakshidin Corporation.

RESTEC's Mark 10 is the cost-effective and environmentally friendly solution for the world's water crisis and RESTEC's Mark 10 E wind turbines is the cost-effective and environmentally friendly solution for the world's energy crisis!

About us: 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.

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