SOURCE: DayStar Technologies, Inc.

DayStar Technologies, Inc.

December 20, 2012 16:30 ET

DayStar Technologies, Inc. (DSTI) Announces That It Will Not Proceed With Radiant Offshore Fund, Ltd. and Radiant Performance Fund LP Transactions

KELOWNA, BC--(Marketwire - Dec 20, 2012) - DayStar Technologies, Inc. (NASDAQ: DSTI) ("Daystar") ("the Company") announced today they will not proceed to acquire debt owed to Radiant by the Salamon Group, Inc. in exchange for a class of non-trading preferred.

About DayStar Technologies, Inc.

DayStar Technologies, Inc. (DSTI) is a vertically integrated renewable energy project developer and infrastructure asset management company. We are focused on developing global project portfolios that provide high-yield returns for shareholders and investors.

For more information about the Company, visit the DayStar website at http://www.daystartech.com/.

For further information contact, William J Nalley, Orsay Groupe, 305-515-8077, Info@orsaygroupe.com.

Safer Harbor

Statements contained in this news release which are not historical facts may be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words like "believe," "expect," "anticipate," "estimate" and "intend" or future or conditional verbs such as "will," "would," "should," "could" or "may." We undertake no obligation to update any forward-looking statements.

Contact Information

  • Contact:
    William Nalley
    Orsay Groupe, Inc.
    305-515-8077