News
DayStar Technologies Retains Executive Recruiting Agency to Fill Senior Management Positions
Halfmoon, NY – (PR Newswire) – November 9, 2005 – DayStar Technologies, Inc. (Nasdaq: DSTI - News), a developer and manufacturer of high value Photovoltaic Foil(TM) products, announced today that it has retained the services of Capstone, Inc., a professional executive recruiting agency, to conduct a nationwide search to fill two new senior level positions at DayStar -- Chief Operating Officer and Vice President of Manufacturing.
These two positions are now warranted as DayStar transitions from development into production. The Company is continuing to recruit and fill other engineering and manufacturing positions, as well.
Capstone, located in the Tech Valley of New York State, specializes in building senior executive and technical teams for high growth technical companies. In addition to assisting Plug Power, Inc., another energy-related New York Tech Valley company, a sampling of past clients also include Boston Scientific, Intermagnetics General Corp., Lydall Inc, and IsoPur Fluid Technologies, among others.
"DayStar has reached an operations level that requires us to expand our executive management team," said Dr. John Tuttle, CEO and President of DayStar Technologies. "We are excited to work with Capstone to ensure that we appoint forward thinking professionals to help the Company through this next phase of our continued growth."
About DayStar Technologies, Inc.
DayStar Technologies, Inc. is an emerging leader in low cost, high efficiency Photovoltaic Foil(TM) that converts sunlight into energy. The Company manufactures CIGS solar cells, which are deposited on flexible metal foils using production processes adapted from commodity computer component manufacturing. As an alternative to wafer-silicon solar cells, DayStar believes the unique combination of its CIGS solar cell design coupled with proprietary manufacturing processes on flexible metal substrates could substantially lower costs and remove deployment barriers currently limiting large adoption of solar energy. For more information on the Company, please visit http://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-K 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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