KELOWNA, British Columbia, Jan. 7, 2013 (GLOBE NEWSWIRE) -- DayStar Technologies, Inc. (Nasdaq:DSTI) is pleased to announce that it has filed its Form 10-Q for the period ended September 30, 2012 with the SEC earlier today. The Company expected to sign off and file its Form 10-Q on November 15, 2012 when it was required, however, was late due to a change in its Chief Financial Officer.
President Mark Roseborough said, "We are very thankful for the confidence and trust that our stockholders have in both our new executive team as well as in the Company and its technology." He concluded, "As we continue to make progress in executing our business plan, we anticipate achieving revenues that we expect will allow us to achieve cash flow positive results in the coming year."
For further information about the Company's third fiscal quarter 2012, including its financial results, readers of this press release should review the Company's disclosures in its Quarterly Report on Form 10-Q, which is publicly available on the website of the Securities and Exchange Commission at www.sec.gov.
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.
Safe Harbor: Statements contained in this news release which are not historical facts may be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words like "believe," "expect," "anticipate," "estimate" and "intend" or future or conditional verbs such as "will," "would," "should," "could" or "may." We undertake no obligation to update any forward-looking statements.
CONTACT: Bruce Nurse Telephone: (303) 662-1991 Email: email@example.comSource:DayStar Technologies, Inc.