DKSC Dakshidin Corporation (PK)

Dakshidin Corporation (PINKSHEETS: DKSC) is pleased to announce that an agreement in principle has been reached with RESTEC LLC which will allow the company to continue advanced negotiations currently in progress.

"This is a very busy and exciting time for us," stated John Alexander van Arem, acting President of Dakshidin Corporation. "This agreement is extremely important for us and it should be the springboard Dakshidin has been waiting so long for. It could also be instrumental in moving us forward with other ongoing discussions that are in various stages of completion. We could not be happier!"

He continued, "Not only does this clear the way for us to continue and complete present negotiations but it also opens up several other avenues that we are interested in pursuing."

RESTEC LLC holds patents on the only proven low wind-speed water pumping windmills currently available worldwide. Independent tests have shown that this technology is more than twice as efficient as, and significantly more cost effective than, traditional windmills. Furthermore, because they are able to operate efficiently in wind-speeds as low as 4mph, they can be utilized in areas where traditional windmills simply cannot function.

Mr. van Arem further stressed that, as outlined in a previous press release, this will have no impact on the number of shares outstanding.

Dakshidin Corp will continue to update shareholders as events unfold.

Forward-Looking Statements: The information in this press release includes certain "forward-looking" statements within the meaning of the Safe Harbor provisions of Federal Securities Laws. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.

Dakshidin Corporation John A. van Arem 1-888-250-6601