DayStar Technologies, Inc., today announced that it will extend the date to redeem its outstanding Class A public warrants to August 11, 2005 at 5:00 PM Pacific Daylight Time.
HalfMoon, NY - (PR NEWSWIRE) - August 9, 2005 - DayStar Technologies, Inc. (NASDAQ:DSTI), a developer and manufacturer of proprietary high performance photovoltaic products including silicon-free solar cells on specialty metal foils, today announced that it will extend the date to redeem its outstanding Class A public warrants (NASDAQ:DSTIW) to August 11, 2005 at 5:00 PM Pacific Daylight Time.
The initial deadline for Class A public warrant holders to convert to common stock before the warrant is redeemed by DayStar was Monday, August 8, 2005. The extension of the date to August 11, 2005 is to accommodate final Class A Warrant conversion.
About DayStar Technologies, Inc.
DayStar Technologies, Inc. is an emerging leader in low cost, high efficiency Photovoltaic Foil' that converts sunlight into energy. DayStar's patented and proprietary products include silicon-free CIGS solar cells, which are deposited on flexible metal foils using production processes adapted from commodity computer component manufacturing. DayStar believes the unique combination of its CIGS solar cell design coupled with proprietary manufacturing processes on flexible metal substrates can lead to solar electricity at commercially viable rates. For more information on DayStar, please visit www.daystartech.com.
SAFE HARBOR STATEMENT: This news release contains "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "future, " "plan" or "planned, " "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including risks that our products may not achieve customer acceptance or that they will not perform as expected, and other risks identified in our annual report on Form 10-KSB and other filings with the SEC. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements are made as of the date hereof and DayStar Technologies Inc. undertakes no obligation to update such statements.
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