DayStar Technologies Enters Into Amended and Restated Loan Agreement

 

HALFMOON, N.Y., Sept. 17 /PRNewswire-FirstCall/ -- DayStar Technologies, Inc. (Nasdaq: DSTI - News), today announced that it has entered into an amended and restated Loan Agreement. The amended and restated Loan Agreement provides the Company with an additional five million dollars in financing. The note is due in full on December 15, 2007. 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," "intended," "anticipates," or "projected." You are cautioned that such statements, including statements relating to the Company's ability to actually negotiate acceptable definitive agreements and to close the bridge financing and receive funds there under 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-KSB 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.

 

 

For more information, contact:

 

Kellie Caughorn

V.P. of Investor Relations

InfusionCapital, LLC

kcaughorn@infusioncapital.coml

407-566-1051

www.infusioncapital.com