DayStar CEO Issues Operational Update

Dr. John Tuttle, Chairman and CEO of DayStar Technologies, Inc. (Nasdaq: DSTI), a development stage thin-film solar company, released the following operational update detailing DayStar’s progress over the past several months. In a letter to fellow shareholders, Dr. Tuttle stated: “I am eager to share with you our progress since my last corporate update in April. Energy markets worldwide are in a heightened state of awareness as the realities of fuel supply and energy dependence erode the stability of our livelihoods. Concurrently, interest in clean energy, and specifically photovoltaics, is at an all time high. However, the industry is challenged with delivering product in response to this demand. “The traditional Silicon solar cell and module sector is experiencing a serious pinch in the supply of raw Si feedstock. Cell manufacturers, like DayStar Technologies, that do not depend on Si feedstock see a significant window of opportunity to meet the escalating demand for product, and experience growth and expand our market share in the process. The challenge then becomes one of technology readiness, capital investment and infrastructure expansion in a timely manner. This will be the theme of my correspondence today as I summarize both the successes we have realized and […]

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