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DAYSTAR TECHNOLOGIES (DSTI) Announces Former Governor and U.S. Secretary of Energy, Bill Richardson, Joins its Board of Directors

DAYSTAR TECHNOLOGIES (DSTI) Announces Former Governor and U.S. Secretary of Energy, Bill Richardson, Joins its Board of Directors

KELOWNA, BC--( December 12, 2012) -  DayStar Technologies, Inc. ( NASDAQ : DSTI ),  announces a new member to their Board of Directors.  Former New Mexico Governor, US Secretary of Energy, multiple Nobel Prize nominee, Bill Richardson has agreed to join the Board of Directors of DayStar Technologies. 

Lorne (Mark) Roseborough, President of DayStar, stated, “Bill Richardson made New Mexico the ‘Clean Energy State’ by requiring utilities to meet 20% of New Mexico's electrical demand from renewable sources; and established a Renewable Energy Transmission Authority to deliver New Mexico's world-class renewable resources to market.  This level of determination matches DayStars belief to the Global Renewable Energy Industry.  His leadership, international respect and recognition in this industry will make him a priceless asset assisting DayStar's execution of its global business model.”

Prior to being elected governor, Richardson enjoyed a very successful and fulfilling career in public service; academia and the private sector, few can match his wide-ranging experience. Richardson served for 15 years in northern New Mexico representing the 3rd Congressional District. Richardson served in 1997 as the U.S. Ambassador to the United Nations, and in 1998, he was unanimously confirmed by the U.S. Senate as Secretary of the U.S. Department of Energy.

Mark Roseborough, President of DayStar, stated, “Bill Richardson, and his diplomatic skills honed through years of public and private service will compliment DayStar's local, national and international presence.  One of the reasons he held the positions of Governor, US Secretary of Energy, United Nations Ambassador is because of his level of dedication to protecting the rights and improving the quality of life for people everywhere.”

Since entering life as a private citizen in 2011, Richardson was named chairman of APCO Worldwide's executive advisory service Global Political Strategies (GPS) and Special Envoy for the Organization of American States (OAS), adding another platform for initiatives within peace and reconciliation in the Western hemisphere.  In addition, Richardson serves as Senior Fellow for Latin America at Rice University's James A. Baker III Institute for Public Policy and has joined several non-profit and for- profit boards, including Abengoa's International Advisory Board, the fifth largest biofuels producer in the U.S., WRI World Resources Institute, Refugees International and the National Council for Science and the Environment.

About DayStar Technologies, Inc:

DayStar Technologies, Inc. (DSTI) is a developer of solar photovoltaic products based upon CIGS thin film deposition technology and is currently embarked on a strategy of strategic partnerships to enter new markets within the global renewal energy industry including ownership and construction of solar and renewable power plants. For more information, visit the DayStar website at http://www.daystartech.com/.

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

Safer Harbor

The purchase is subject to, among other things, the completion of due diligence activities. There can be no assurance that these conditions precedent, or any other conditions precedent, will be satisfied. Further, there can be no assurance that the proposed transaction will be completed as proposed or at all. DayStar anticipates closing of the proposed transactions in the fourth quarter of 2012, assuming all agreements and approvals are in place.

 

Contact:

 William Nalley

Orsay Groupe, Inc.

 305-515-8077

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