DayStar Tech Enteres LOI to Acquire Grasshopper Energy

DayStar Technologies, Inc.

("DayStar") ("the Company") entered into LOI agreement to acquire Grasshopper Energy, with the anticipation of completing the purchase in 30 days. Grasshopper Energy provides turnkey solutions for solar power systems, having one of the largest and most respected presences in Ontario, Canada. The purchase is a 100% equity transaction.