14.5.2007: Meldung: DayStar Technologies, Inc.: Raja Venkatesh Chief Financial Officer

DayStar Technologies Announces Appointment of Raja Venkatesh as Chief Financial Officer
Friday May 11, 8:30 am ET

HALFMOON, N.Y., May 11 -- DayStar Technologies, Inc., a developer and manufacturer of innovative CIGS Photovoltaic products, today announced the appointment of Raja Venkatesh as Chief Financial Officer.

Mr. Venkatesh brings over 20 years of experience in general and financial management, strategic planning and execution for a range of semiconductor and technology firms. He most recently served as the Vice President, Finance and Chief Financial Officer for Myricom, Inc., a producer of high-performance interconnect and 10 GbE silicon chip-sets, equipment and software. Before joining Myricom, Raja held the Chief Financial Officer positions at Mediated Systems and TeraBurst Networks, both private companies, and at Viador, Inc., where he successfully took the company public.

Raja"s prior experience includes serving as Corporate Treasurer at Maxtor Corporation, a supplier of hard disk drive storage solutions; as Director of Corporate Strategy and Development at the Pacific Telesis Group; and in various capacities in the Treasurer"s office of General Motors Corporation, in New York City; as well as at Hindustan Petroleum, a successor organization to Exxon located in Bombay, India. Raja holds a bachelor"s degree in Engineering from the National Institute of Technology in India and an MBA from the Darden Business School at the University of Virginia.

"The addition of Raja is an important step in support of the continued evolution of DayStar as we advance our CIGS solar products towards commercialization," said Dr. Stephan DeLuca, CEO of DayStar Technologies. "We believe that Raja"s breadth of experience, operations skills and financial leadership will contribute broadly to the execution of our business strategy. We are very pleased to welcome Raja to the management team at DayStar."

"I am very excited to join DayStar at this time," said Raja. "DayStar is poised to deliver the next level of growth and performance and I am eager to be part of such a great team."

Erica Dart, DayStar Technologies, Inc.
518-383-4600 ext. 419 or via email edart@daystartech.com

Daniel Conway, Chief Strategist, Elite Financial Communications Group
407-585-1080 or via email dsti@efcg.net

Source: DayStar Technologies, Inc.
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