Message #2 From:
Stock News Bot Date: February 16, 2007 06:00:00 AM
AWNE News Americas Wind Energy Corporation Announces an Order for an AWE 54-900 Windturbine from Wray School District RD2, Wray, Colorado
TORONTO--(BUSINESS WIRE)--Americas Wind Energy Corporation (“AWEC” or the “Company”) (OTCBB:AWNE) is pleased to announce that it has been awarded an order for one AWE 54-900 Windturbine by the school board for Wray School District RD2, in Wray, Colorado.
AWEC believes that the Wray School Board was attracted to the advanced technology, high reliability and low-maintenance features of the AWEC Direct Drive design. The Direct Drive design utilizes many fewer mechanical parts such as gears that add to operating and maintenance costs.
AWEC congratulates the Wray district School Administration, the Wray School Board and this forward-looking community on planning ahead for their future using what AWEC believes is a reliable, low-cost, renewable, environmentally friendly and domestic, rather than imported, source of energy.
The installation of this windturbine is planned for late 2007.
About Americas Wind Energy Corp.
AWEC is focused on the manufacturing and marketing of medium-sized (900 kW) windturbines for the North American market. AWEC’s strategy is to manufacture as much as possible in North America, with the intention of providing both cost effectiveness and local content. All of AWEC’s projects to date have made use of local tower manufacturers.
AWEC is, and intends to remain, a virtual manufacturer. This means AWEC plans to subcontract the components of its windturbines to qualified manufacturers and manufacturing partners to achieve the best in quality at the lowest cost. As a key part of the strategy of a virtual manufacturer, AWEC plans to maintain strict quality assurance programs and quality control procedures for its subcontractors and partners.
If you would like additional information on AWEC, please view AWEC’s website at www.awewind.com. For more information, or to join AWEC’s mailing list, please contact the Investor Relations Department by emailing ir@awewind.com.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Since the forward-looking statements relate to future developments, results or events, these statements are highly speculative and involve risks, uncertainties and assumptions that are difficult to assess. You should not construe any of these statements as a definitive or invariable expression of what will actually occur or result. Such forward-looking statements include, among others, the expectation and/or claim, as applicable, that (i) the installation of this windturbine is planned for late 2007; (ii) AWEC’s strategy is to manufacture as much as possible in North America, with the intention of providing both cost effectiveness and local content; (iii) AWEC is, and intends to remain, a virtual manufacturer; (iv) AWEC plans to subcontract the components of its wind turbines to qualified manufacturers and manufacturing partners to achieve the best in quality at the lowest cost; and (v) as a key part of the strategy of a virtual manufacturer, AWEC plans to maintain strict quality assurance programs and quality control procedures for our subcontractors and partners.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, (i) AWEC’s ability to obtain all required parts from suppliers to manufacture the windturbine; (ii) AWEC having enough funding to complete the manufacture of the windturbine; (iii) AWEC’s ability to develop and maintain relationships with subcontractors and qualified manufacturers in North America; (iv) AWEC’s ability to manufacture its products in North America cost effectively and efficiently; and (v) AWEC’s ability to maintain and update, when and if required, its quality assurance programs and quality control procedures for its subcontractors and partners. These forward-looking statements are made as of the date of this news release and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's periodic reports filed from time to time with the Securities and Exchange Commission and available at www.sec.gov.
