The Company’s financial results for the 2007 fiscal year are highlighted by the following:

• the Company recorded the sale of a wind turbine to a customer in Nova Scotia;
• the Company was able to eliminate approximately $3,000,000 in debt through repayment and the conversion of debt to equity;
• the Company made final payment for its exclusive license for Direct Drive technology in North America; and
• costs were kept at a reasonable level to allow the Company to continue to grow its business.

The Company believes that it is positioned for and planning significant growth. Some of the key initiatives of the Company include the following:

• to commission a second wind turbine in Nova Scotia in the second quarter of fiscal 2008;
• to erect and commission two wind turbines in Iowa and Colorado in January 2008;
• to raise money, targeting $2 to $5 million, to fund the growth of the Company’s business;
• to negotiate orders for wind turbines with recipients of the USDA grants for energy efficiency and renewable energy projects; and
• to secure sources of supply to complete the manufacture of wind turbines.

About Americas Wind Energy Corp.

AWE is focused on the manufacturing and marketing of medium sized (900 kW) wind turbines for the North American market. AWE’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 AWE’s projects to date have made use of local tower manufacturers.

AWE is and intends to remain a virtual manufacturer. This means AWE 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. As a key part of the strategy of a virtual manufacturer, AWE plans to maintain strict quality assurance programs and quality control procedures for its subcontractors and partners.

If you would like additional information on AWE, please view AWE’s website at www.awewind.com and AWE’s listing on the OTCBB, symbol AWNE. For more information, or to join AWE’s mailing list, please contact the Investor Relations Department by emailing ir@awewind.com.

Notice regarding Forward-Looking Statements

This press release “contains forward looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section21E 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 in this press release include, among others, the expectation and/or claim that: (i) costs were kept at a reasonable level to allow the Company to continue to grow its business; (ii) the Company believes that it is positioned for and planning significant growth; (iii) some of the key initiatives of the Company include the following: (a) to commission a second wind turbine in Nova Scotia in the second quarter of fiscal 2008, (b) to erect and commission two wind turbines in January 2008 in Iowa and Colorado, (c) to raise money, targeting $2 to $5 million, to fund the growth of the Company’s business, (d) to negotiate orders for wind turbines with recipients of the USDA grants for energy efficiency and renewable energy projects, and (e) to secure sources of supply to complete the manufacture of wind turbines; (iv) AWE’s strategy is to manufacture as much as possible in North America, with the intention of providing both cost effectiveness and local content; (v) AWE is and intends to remain a virtual manufacturer; (vi) AWE 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 (vii) as a key part of the strategy of a virtual manufacturer, AWE 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) AWE’s ability to maintain costs at current levels; (ii) AWE having adequate funding to grow its business; (iii) AWE’s ability to raise capital through equity or debt financing on commercially acceptable terms; (iv) AWE’s ability to negotiate and complete sales contracts for its wind turbines; (v) continued support from the USDA of energy efficiency and renewable energy projects; (vi) AWE’s ability to obtain all required parts from suppliers to manufacture wind turbines; (vii) AWE having enough funding to complete the manufacture of wind turbines; (viii) AWE’s ability to develop and maintain relationships with subcontractors and qualified manufacturers in North America; (ix) AWE’s ability to manufacture its products in North America cost effectively and efficiently; and (x) AWE’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 press 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.

Americas Wind Energy Corporation
Darrell Kublick, Director Investor Relations
Investor Relations Department, 416-233-5670
ir@awewind.com
www.awewind.com