DSTI DayStar - 500 Beiträge pro Seite

[robby.r]

http://biz.yahoo.com/prnews/050119/sfw012_1.html

DayStar Technologies Awarded NYSERDA Grant for $1 Million
Wednesday January 19, 8:31 am ET


HALFMOON, N.Y., Jan. 19 /PRNewswire-FirstCall/ -- DayStar Technologies, Inc. (Nasdaq: DSTI - News), a pioneer in the development and commercialization of solar electric power generation technologies, today announced that the Company has been awarded a $1,000,000 competitive grant by the New York State Energy Research and Development Authority (NYSERDA). Payment of the award will be in phases as DayStar meets facility scale-up and production milestones to commercially produce solar cells. The first $600,000 is based on production capacity milestones at the HalfMoon facility. The final $400,000 is based on product sales coupled with DayStar`s commitment to a new facility at the Saratoga Technology + Energy Park.


http://finance.yahoo.com/q/ks?s=DSTI

[robby.r]

[robby.r]

Tuesday February 1, 9:22 am ET
Company CEO Reports on Status of Growth Initiatives and Comments on 2005 Goals and Objectives


HALFMOON, N.Y., Feb. 1 /PRNewswire-FirstCall/ -- In a letter to Company shareholders, Dr. John Tuttle, Chief Executive Officer of DayStar Technologies, Inc. (Nasdaq: DSTI - News), a pioneer in the development and commercialization of solar electric power generation technologies, provided a summarized corporate update related to the status of prevailing growth initiatives, the ongoing successful execution of the Company`s business plan and some insight into 2005 goals and objectives.
ADVERTISEMENT


"I am pleased to offer you our first installment of DayStar`s `Solar Current` -- a quarterly update on our progress towards successful commercialization of the Company`s revolutionary solar cell technology.

"2004 was a dynamic year for the Company -- we completed our IPO in February, negotiated an incentive package to relocate our organization to the State of New York, added critical human resources in the financial, operations, legal and administrative, and most importantly, technology arenas. We created, and are in the midst of implementing, a comprehensive technical plan that will optimize our financial resources as they apply to production-based capital. We anticipate being in a position to create more value for every dollar invested than any other company in our industry.

"As I see it, we have four primary goals that will enable the Company to move to the next level of productivity and reach profitability: 1) demonstrate technology viability (in the form of working solar cells and finished products, out in the field demonstrating market acceptance and operational reliability); 2) demonstrate production viability (in the form of a working production line producing the aforementioned product at a nameplate capacity of at least 1 Megawatt per year); 3) secure an initial customer base (with associated revenues and sufficient demand to warrant further growth); and 4) implement our roadmap to higher-level production and lower-cost products (in the form of a factory specification that leads to at least 100 MW/yr production capacity by 2007).

"We are making tremendous progress towards achieving these goals and expect 2005 to be a banner year for the company as we systematically achieve each of these milestones. During the most recent quarter, we were focused on installation of our Gen-I and Gen-II production lines. Our Gen-I line will enable both low-level production of CIGS solar cells, as well as the further development and refining of our Gen-II and Gen-III production processes. Our Gen-II line will enable initial production of at least 1 MW/yr and can be scaled to as much as 10 MW/yr and higher with additional infrastructure investment. We are pleased to inform you that we have successfully qualified a majority of the components of each of these production lines and have produced our first 100mm x 100mm solar cells using a combination of our Gen-I and Gen-II lines. Our goal is to produce our first cell exclusively from our Gen-II line by the end of the first quarter of this year. We have additionally filed our first patent application and are in the process of filing several more.

"In the area of business development, we recently reported on our $1 million `Manufacturing Initiative` award from the New York State Energy Research and Development Authority (NYSERDA) that will assist us in reaching our early production goals. We are also initiating our domestic and international sales efforts that will respond to the growing demand worldwide for PV, in general, and for DayStar`s high-performance, flexible solar cell product, in particular. We are also continuing to pursue our relationships with those customers (primarily in Defense-related markets) that have expressed quantifiable interest in purchasing our ultra-lightweight, flexible product for their unique field applications.

"On the Administrative and Corporate Governance side, we recently reported on the addition of two very high caliber, independent Directors to DayStar`s Board. We fully expect that Ms. Lovell and Mr. Schector will complement the talent and efforts of DayStar`s other esteemed board members, Dr.`s Aldrich and Graves. Additionally, the Company is currently addressing all of the necessary issues associated with the implementation of Internal Control measures as mandated by the Sarbanes-Oxley legislation of 2001.

"In summation, we expect 2005 to be as dynamic as 2004 with continued progress towards achieving full commercialization of our technology portfolio. I look forward to perpetuating a trend of open communications with our shareholder base while continuing to maintain the necessary boundaries around our intellectual property assets," concluded Tuttle.

About DayStar Technologies Inc.

[robby.r]

[robby.r]

[robby.r]

für 2$ wollt sie ja kaum einer

nun bekommse den rand nicht voll genug

[robby.r]

Die wissen reden nicht - die reden wissen nicht


__________________
Der dümmste Grund, eine Aktie zu kaufen, ist weil sie steigt (W. Buffet)