News

DayStar Technologies Appoints Vice President of Manufacturing

Halfmoon, NY – (PR Newswire)  – January 10, 2006 – DayStar Technologies, Inc. (NASDAQ: DSTI), a developer and manufacturer of high-value Photovoltaic Foil™ products, today announced the appointment of Mr. Jack McCaffrey to the position of Vice President of Manufacturing.

Mr. McCaffrey brings to DayStar a wealth of current and relevant experience across a broad range of disciplines, most recently in the engineering and manufacturing of ribbon-silicon PV cells and modules. Prior to joining DayStar Technologies, Mr. McCaffrey served as Vice President of Manufacturing and Engineering at Evergreen Solar, Inc., where he was instrumental in implementing their new PV manufacturing technology.  He was responsible for process, productivity, product and machinery design and fabrication, and materials procurement, as well as the hiring and development of a staff of 250 operating personnel.

His efforts helped Evergreen Solar transition from its pre-IPO origins to a successfully publicly-traded pure-play solar company, achieve production capacity growth from 250kW to 13 MW, and increase revenues from $400k to nearly $40 million in just over five years time. He most recently managed the international factory and start-up for a 30 MW solar cell plant for EverQ, a joint venture between Evergreen Solar and Q-cells, a German supplier of silicon-based solar cells.

Prior to his service at Evergreen, Mr. McCaffrey enjoyed a 20-year career at various manufacturing and engineering positions at Polaroid Corporation, including his role as the Director of Worldwide Manufacturing for Polaroid’s Holographic Products Division. Mr. McCaffrey is a distinguished graduate of the United States Naval Academy with a B.S. in Chemistry and General Engineering.

“Jack’s impressive background is an ideal fit for DayStar at this stage in our commercialization,” DayStar Chairman and CEO Dr. John Tuttle stated. “The abilities and experiences that he brings to DayStar will be integral to our progress as we continue to advance our production capabilities,” concluded Tuttle.

The addition of Mr. McCaffrey to the DayStar team brings the total number of employees at DayStar Technologies to 43, up from only 7 one year ago.

About DayStar Technologies, Inc.
DayStar Technologies, Inc. is an emerging leader in low cost, high efficiency Photovoltaic Foil™ that converts sunlight into energy. The Company manufactures CIGS solar cells, which are deposited on flexible metal foils using production processes adapted from 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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