Day4 Energy Inc.

Day4 Energy Inc.

April 16, 2012 09:00 ET

Day4 Energy Inc. Receives Notice of Delisting Review by the Toronto Stock Exchange

BURNABY, BRITISH COLUMBIA--(Marketwire - April 16, 2012) - Day4 Energy Inc. ("Day4" or the "Company") (TSX:DFE), a leading global provider of solar photovoltaic (PV) products and solutions, announces that it has received notice from the Toronto Stock Exchange (the "TSX" or the "Exchange") that the TSX is reviewing the eligibility for continued listing of the Company's securities on the Exchange.

The Company is being reviewed under the TSX's Remedial Review Process and has been granted 120 days to comply with all the TSX requirements for continued listing. If the Company is unable to demonstrate on or before August 13, 2012 that it meets all TSX requirements for continued listing, the securities will be delisted 30 days from such date.

The TSX initiated its delisting review pursuant to the continued listing criteria and as a result of the Company's financial condition. Day4 is pursuing financing and strategic alternatives to resolve its current financial situation.

About Day4 Energy

Day4 is a Canadian company dedicated to providing high performance photovoltaic (PV) solutions for residential, commercial and utility scale installations. By fundamentally improving on the design and assembly of solar cells and modules, the Company produces unique PV panels of high power density, increased lifetime and uncompromised aesthetic appearance. Day4 partners with international technology leaders to develop and deliver IEC- and UL-certified solar products to customers around the world. Day4 Energy is listed on the TSX under the symbol "DFE". For more information, please visit

Caution Regarding Forward-Looking Statements

This news release contains forward-looking statements which are subject to certain risks, uncertainties and assumptions. A number of factors could cause actual results to differ materially from the results discussed in these forward-looking statements, and there is no assurance that actual results will be consistent with these forward-looking statements. There can be no guarantee that Day4 will negotiate or complete transactions prior to August 13, 2012 or at any time thereafter, that will satisfy the TSX that continued listing of the Company's securities on the TSX is warranted. These forward-looking statements are made as at the date of this news release, and the Company assumes no obligation to update or revise them, either publicly or otherwise, to reflect new events, information or circumstances.

The forward-looking statements made in this news release relate only to events or information as of the date indicated above. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

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