SOURCE: Dakshidin Corporation

November 12, 2007 09:00 ET

Dakshidin to Sign Memorandum of Understanding With HKS Green Power Development Ltd. to Acquire 5,000 Acres

LAS VEGAS, NV--(Marketwire - November 12, 2007) - Dakshidin Corporation (PINKSHEETS: DKSC) ( and its wholly owned subsidiary, Restec International Inc., makers of the worlds most powerful water pumping windmill, is very pleased to announce that it has entered into a Memorandum of Understanding ("MOU") to participate in a joint venture with HKS Green Power Development Ltd. to acquire and develop five thousand (5,000) acres of prime property in the agricultural district in the province of Gangsu, located in the North West region of China. The MOU outlines a joint venture which will use the Restec's water pumping windmills and wind turbines.

"This is a very exciting project for Dakshidin Corporation," stated Nick Laroche, President and CEO. "Not only is it our second project of this type but its magnitude dwarfs the previously announced Green Village Project. The Mark 10 windmill will provide water for the village and the Mark10 E turbine will provide the necessary electricity."

Less than 1% of the world's fresh water (0.007% of all fresh water on earth) is readily accessible for direct human use. (Source: World Health Organization Fact Sheet "Health in Water Resources Development") ( "The Restec Mark 10, with its capacity of pumping water from as deep as 4,000 feet, in wind speeds as low as 4 miles per hour, can provide access to clean water where there might otherwise be none and do this in a "green" manner. The MARK 10 E provides the electricity in an environmentally friendly way thus opening numerous areas for further development," stated Nick Laroche, CEO of Dakshidin Corporation.

This JV will inevitably increase the value of the 5,000 acres purchased, but more importantly will create an environment for growth for the local population which previously did not exist. The increase in value is expected to be in the tens of millions of dollars, though it is difficult to put an exact figure on it at this time.

The RESTEC MARK 10 Windmill is the world's best renewable, cost-effective and environmentally friendly solution for the world's water crisis and the MARK 10 E the renewable, cost-effective and environmentally friendly solution for 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.

About: HKS Green Power Development Ltd. is a China based corporation which focuses on the exploration and development of environmentally friendly projects, using alternative energy.

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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