NaiKun Wind Energy Group Inc.

NaiKun Wind Energy Group Inc.

June 06, 2007 19:14 ET

Douglas King Appointed VP Finance & Accounting, CFO of NaiKun Wind Energy Group

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 6, 2007) - NaiKun Wind Energy Group Inc. ("NaiKun" or "the company") (TSX VENTURE:NKW) is pleased to announce the appointment of Douglas King as Vice-President Finance & Accounting and Chief Financial Officer (CFO) for NaiKun and its subsidiaries.

Mr. King has been the Director of Finance for NaiKun and will assume the role of CFO from Gary McDonnell who has served in that capacity since 2003. Previously, Mr. King worked at KPMG as Manager in Financial Advisory Services focusing on business valuations, corporate finance, due diligence and project analysis. He has also served as Controller and Business Manager for a commercial imaging company.

"Gary has been a tremendous part of the NaiKun team during this crucial period of growth but now hopes to have more time to enjoy his retirement and we wish him the best," noted NaiKun Chairman Mike Burns. "As Director of Finance, Doug has performed exceptionally and we look forward to his ongoing contributions as Chief Financial Officer and Vice-President of Finance & Accounting."

Since joining NaiKun, Mr. King has worked on the project's business model, budget accounting and management. Doug is a Chartered Accountant, a Chartered Business Valuator, has a Bachelors of Commerce from the University of British Columbia and is an alumnus of the UBC Portfolio Management Foundation.

NaiKun Wind Energy Group Inc. (TSX VENTURE:NKW) is a Vancouver-based energy company that has traded on the TSX Venture Exchange (and its predecessors) since 1967. Since 2000, the company has focused on renewable energy. Its subsidiary, NaiKun Wind Development Inc., is engaged in the development of a major offshore wind project off the coast of British Columbia in an area known as the Haida Energy Field. Interested parties are invited to visit the company's website at

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information