Sunlogics Power Becomes Senior Creditor of DayStar Technologies, Inc. (DSTI)
March 16 2012 - 2:13PM
Marketwired
Salamon Group, Inc. (OTCQB: SLMU)
(PINKSHEETS: SLMU) ("Salamon" or the "Company") is pleased to
announce that Sunlogics Power, its wholly owned subsidiary, has
become the senior creditor of
DayStar
Technologies, Inc. (DSTI), a solar energy company that has
developed thin film CIGS deposition technology.
Michael Matvieshen, CEO, Salamon Group, Inc., states, "We are very excited by Daystar's technology which is a
good fit for highly efficient solar module manufacturing. Our
management is pleased to be working with DayStar to co-develop
business opportunities. This initial investment positions us as a
significant DayStar shareholder upon conversion. DayStar is listed
on NASDAQ under symbol DSTI and this will facilitate future
business opportunities for the companies and fits well into our
overall plan."
Sunlogics Power has also been retained as a consultant to
DayStar, on day-to-day business development and strategic
opportunities.
About DayStar Technologies, Inc. (DSTI)
DayStar Technologies, Inc. is an industry leader in CIGS thin
film deposition technology and is presently engaged in the
development of solar photovoltaic products based on its technology.
For more information, visit the DayStar website at
http://www.daystartech.com/.
About Salamon Group
Salamon Group Inc., through its Sunlogics Power Fund Management
Inc. division, is a solar energy project company specializing in
the construction management and acquisition of renewable energy
power projects. Sunlogics Power also looks to acquire assets and
other companies in the solar and renewable energy space that are a
strategic fit. Sunlogics Power is also a project-acquiring partner
of Sunlogics Plc and its Subsidiary as well as other third party
project developers. http://www.sunlogicspowerfund.com/
For further information about this release contact - Orsay Groupe, Inc., William J Nalley, 305-515-8077,
to receive updates send your email and details to Orsay Groupe,
Inc. Nos Falamos Portugues.
SLMU cautions that statements made in press releases constitute
forward-looking statements, and makes no guarantees of future
performances and actual results/developments may differ materially
from projections in forward-looking statements. Forward-looking
statements are based on estimates and opinions of management at the
time statements are made.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact: Mr. William Nalley Orsay Groupe, Inc. Email Contact
305-515-8077