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DayStar Technologies, Inc. (DSTI) Terminates Debt Reduction of $15 Million Dollars


Published on 2012-11-20 12:16:15 - Market Wire
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November 20, 2012 15:00 ET

DayStar Technologies, Inc. (DSTI) Terminates Debt Reduction of $15 Million Dollars

KELOWNA, BC--(Marketwire - Nov 20, 2012) - DayStar Technologies, Inc. (NASDAQ: [ DSTI ]) has terminated the debt swap [ Agreement dated July 10, 2012 ] that contemplated the purchase by DayStar Technologies from Michael Matvieshen. This $15 million secured convertible debenture deal was issued by Salamon in exchange for DSTI to Michael Matvieshen by mutual consent of all parties of the agreement.

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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