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DayStar Technologies, Inc. (DSTI) Announces the Appointment of Chief Financial Officer


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November 20, 2012 13:00 ET

DayStar Technologies, Inc. (DSTI) Announces the Appointment of Chief Financial Officer

KELOWNA, BC--(Marketwire - Nov 20, 2012) -  DayStar Technologies, Inc. (NASDAQ: [ DSTI ]) is pleased to announce the appointment of Mr. John Ng, CPA, CA as Chief Financial Officer (CFO) effective November 15, 2012.

Mr. John Ng is a Certified Public Accountant in the USA and a Chartered Accountant in Canada and brings over 20 years experience in corporate finance, capital markets, and strategic initiatives. Mr. Ng has had extensive experience in mergers and acquisitions, capital markets and successful commissioning and financing in the solar energy sector.

"We are delighted to have someone of John's calibre join our team," stated L. Mark Roseborough, President of DayStar Technologies, Inc. " His track record in driving shareholder value for publicly-traded companies and experience helping lead companies through a rapid period of growth and transition will serve him well as he joins the Company at this exciting juncture in our history. Mr. Ng is ideally suited to assist our management team and work with our Board of Directors to create value for our shareholders."

Effective immediately, the company accepts the resignation of Mr. Dale Hoover as CFO. The Company would like to thank Mr. Dale Hoover for his service to the Company and wish him well in his future endeavours.

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, visit the DayStar website at [ http://www.daystartech.com/ ].

For further information about this release, contact: Bruce Nurse at (303) 662-1991 or [ brucenurse@comcast.net ]



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