To: J. Nelson who wrote (19053 ) 1/5/2000 5:23:00 PM From: Jim Bishop Respond to of 150070
LONG ISLAND CITY, N.Y.--(BUSINESS WIRE)--Jan. 5, 2000--DualStar Technologies Corporation (Nasdaq: DSTR - news) advises holders of its outstanding Class A warrants (Nasdaq: DSTRW - news) that it has an effective registration statement and prospectus covering shares of common stock issuable upon exercise of such warrants. Each Class A warrant entitles the holder to acquire one share of DualStar common stock at a purchase price of $4.00 per share. The warrants expire on February 13, 2000 at 5:00 P.M. (New York time) and may not be exercised after that time. The Class A warrants may be exercised only in accordance with the procedures set forth in the warrant. To exercise the warrants, warrant holders should contact their broker, bank or custodian. A copy of the prospectus, which is included as part of Post-effective Amendment No. 2 to Form S-1 filed as a Form S-3, is also available to the public over the Internet at sec.gov ./Archives/edgar/data/929546/0000950136-99-001567.txt on the SEC's web site. About DualStar DualStar Technologies Corp., through its subsidiaries, designs and installs infrastructure systems and provides services that control and enhance the environment in buildings. These systems and services include: heating, ventilation and air conditioning (HVAC); electrical; building and energy management (BMS); enhanced local, regional and long distance telephony as a Competitive Local Exchange Carrier (CLEC); direct broadcast satellite (DBS) and cable television as a System Operator; high-speed Internet access as an Internet Service Provider (ISP); and security and safety. DualStar created and owns many innovative trademarked concepts, including the CyberBuilding®, CyberCierge®, Building Area Network® (BAN), Home Area Network (HAN), Community Area Network (CAN), InfoStructure, InfoStructors, CyberView®, CyberBuilders®, DualStar®, DualStar Communications® and DualStar Technologies®. For more information, visit the Company's Web site at dualstar.com , e-mail info@dualstar.com, or call (718) 340-6655. The Company's securities are traded on The Nasdaq National Market under the symbols DSTR (common) and DSTRW (warrants). Contact: DualStar Technologies Robert Birnbach, Chief Financial Officer Voice: 718/340-6655 Fax: 718/340-6659 E-mail: info@dualstar.com