NAPERVILLE, Ill., Oct. 27 /PRNewswire-FirstCall/ -- Broadwind Energy, Inc.
(OTC Bulletin Board: BWEN), a leading producer of components, logistics and
service for the wind power industry, today announced it has retained Lambert,
Edwards & Associates, Inc. (LE&A) to manage its investor relations activities.
Naperville, Ill. - based Broadwind Energy ( www.broadwindenergy.com ) said
LE&A will help the Company communicate its emerging growth story to
shareholders, the investment community and media. Through organic and
strategic growth, Broadwind has built a platform of companies that
manufacture, install and maintain components for the energy industry, with a
primary emphasis in wind power.
'The market for our services is strong, and we have positioned the Company
to become the premier supply-chain provider for wind energy in North America,'
said Broadwind Energy CEO J. Cameron Drecoll. 'We have an experienced
management team that is focused on executing our strategy of growth through
new services, new facilities and acquiring complementary companies. It's now
time to begin telling our story, and we look forward to drawing on the
resources and expertise of LE&A and their proven track record of helping
emerging growth companies connect with analysts, investors and national media
outlets.'
Jeff Lambert, managing partner of LE&A, said: 'Broadwind is a leader in
the fast-growing wind energy industry and fits well with our experience with
industrial services and innovative manufacturing companies. Broadwind's
management team has expertise that is both broad and deep, which puts it in a
strong position to be the leading backbone provider to the rapidly growing
wind power market. We aim to enhance shareholder value by raising the profile
of the Company and communicating its growth strategy and results.'
About Broadwind Energy, Inc.
Broadwind Energy, Inc. (OTC Bulletin Board: BWEN stock), Naperville, Ill., owns,
supports and strategically positions companies that manufacture, install and
maintain components for energy and infrastructure-related industries with a
primary emphasis on the wind energy sector. The company's operational
platforms include wind tower manufacturing; heavy steel fabrication; wind
facility construction, operation and maintenance; precision gear
manufacturing; and specialized transportation services. Its platform companies
currently include Brad Foote Gear Works, Inc., a precision gearing systems
manufacturer in Cicero, Ill.; Energy Maintenance Service (EMS), a wind energy
operation and maintenance service provider in Gary, S.D.; R.B.A., Inc., a
heavy steel fabricator in Manitowoc, Wis.; Tower Tech Systems, Inc., a wind
tower and monopile manufacturer in Manitowoc, Wis.; and Badger Transport,
Inc., a heavy hauler in Clintonville, Wis. Broadwind and its platform
companies employ close to 1,000 people across the United States. For more
information, visit www.broadwindenergy.com .
About Lambert, Edwards & Associates, Inc.
Lambert, Edwards & Associates ( www.lambert-edwards.com ) is one of the
nation's leading investor relations firms for small and mid-cap companies, and
serves more than 80 clients in 19 U.S. states and three continents. LE&A's
team of agency, corporate and Wall Street professionals works extensively with
middle-market companies and national brands in three primary practice areas:
Consumer, Business & Financial Communications, and Healthcare & Technology.
LE&A has posted nine consecutive years of growth and earned national
recognition from its peers, including three Silver Anvil awards -- the
profession's highest honor -- in the last two years.
Forward-Looking Statements
Certain statements found in this press release may constitute
forward-looking statements as defined by Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Forward-looking statements are based on current expectations and
include any statement that does not directly relate to a current or historical
fact. Such statements are generally identifiable by the terminology used, such
as 'anticipate,' 'believe,' 'intend,' 'expect,' 'plan,' or other similar
words. Our forward-looking statements in this release generally relate to our
expectations and beliefs with respect to our growth and expansion activities
and plans. Although it is not possible to foresee all of the factors that may
cause actual results to differ from our forward-looking statements, such
factors include, among others, the following: (i) unforeseen delays, costs or
liabilities associated with our growth and expansion plans; (ii) our ability
to successfully remediate internal control deficiencies; (iii) fluctuations in
general economic conditions; and (iv) those risks described from time to time
in our reports to the Securities and Exchange Commission (including our Annual
Report on Form 10-KSB). Investors should not consider any list of such factors
to be an exhaustive statement of all of the risks, uncertainties or
potentially inaccurate assumptions that could cause our current expectations
or beliefs to change. Shareholders and other readers should not place undue
reliance on 'forward-looking statements,' as such statements speak only as of
the date of this release. We undertake no obligation to update publicly or
revise any forward-looking statements, other than as required by law.
