SOURCE: Dakshidin Corporation

March 05, 2008 16:44 ET

Dakshidin's Joint Venture With HKS Wuhu Looks to Expand With the Purchase of Two Water Bottling Plants in China

LAS VEGAS, NV--(Marketwire - March 5, 2008) - Dakshidin Corporation (PINKSHEETS: DKSC) (www.dakshidin.com), producers of the world's most powerful water pumping windmill, are pleased to announce that HKS Wuhu has entered into negotiations to purchase two water bottling plants in China. These two plants will utilize the Restec Mark 10 water pumping windmills for the water production in the plants. Initially, the plants will require initially 7-10 Mark 10 windmills.

Bottled water is an industry that has exploded in recent years, and sees annual sales of more than $35 billion worldwide. By using windmills for water production in bottling plants, Dakshidin is aiding in reducing harmful emissions and a range of negative environmental impacts, thus creating a clean, renewable energy source.

"Dakshidin is proud to be a supplier of a green product like the Restec Mark 10 windmill, which creates a healthier environment for everyone. This is one of the best opportunities in the renewable energy sector," stated Nick Laroche, president of Dakshidin Corporation.

Restec's Mark 10 windmill is the cost-effective and environmentally friendly solution for the world's water crisis and Restec's Mark 10 E windmill 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.

For more information please visit www.dakshidin.com

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.

Restec products patent pending.

Contact Information

  • For Investor Relations contact:
    Dakshidin Corporation
    ir@dakshidin.com
    Phone: (647) 477-8440