SOURCE: Atlantic Wind & Solar Inc.

Atlantic Wind & Solar Inc.

October 13, 2009 16:40 ET

Atlantic Wind & Solar Inc. Accelerates Process to Achieve Stock Listing Status Upgrade

MIAMI, FL--(Marketwire - October 13, 2009) - Atlantic Wind & Solar Inc. (PINKSHEETS: AWSL) is pleased to announce that it has retained SEC auditor Sam Kan & Company to move AWSL forward towards achieving a listing status upgrade whereby the Company can elevate its share listing to a larger, higher profile stock exchange. Management has chosen to upgrade its listing status in light of significant corporate progress in the Renewable Energy (RE) industry in recent months, including a key acquisition, as well as joint ventures and a strategic alliance that enhance the near term outlook for Atlantic Wind & Solar's business, especially the launching of its promising rooftop solar business in RE-friendly Ontario.

Sam Kan, CPA

Sam Kan & Company Certified Public Accountant
1151 Harbor Bay Pkwy., Suite 101
Alameda, CA 94502

http://www.skancpa.com

The Rooftop Opportunity

Countless rooftops across Ontario are well positioned to avail themselves of the wealth of solar power via PV solar array electricity generating systems such as Atlantic Wind & Solar's advanced Micro Energy Park rooftop solar systems. The Ontario Government's newly introduced Green Energy Act with its lucrative Feed-in-Tariff program strongly supports the rapid introduction and growth of rooftop solar energy projects across the province. Through widespread media coverage, society is becoming increasingly appreciative of the fact that Clean Renewable Energy is economic, unlimited and environmentally friendly. AWSL is poised to achieve significant progress in this exciting business in the months ahead. Recently, Atlantic Wind & Solar Inc. and leading Real Estate and Property Management Company Cushman & Wakefield Ltd. formed a strategic alliance aimed at securing rooftop leases in Ontario for AWSL's photovoltaic (PV) renewable energy systems.

Distinct Advantages of AWSL's Micro Energy Park Rooftop Solar Systems

The Company's Rooftop Solar Division will apply superior technology to maximize power generation and profits under the new Ontario FIT incentives for expanding Renewable Energy use. It will use and exclusively benefit from the technological advancements, close strategic corporate relationships, and IP technology licenses offered and afforded by associate Hybridyne Power Systems Canada Inc. With its high-efficiency converter/inverter (CIT) technology and other leading edge technologies, Atlantic will build the most efficient Solar Photovoltaic (PV) electricity generation facilities designed for rooftops.

About Atlantic Wind & Solar Inc.:

Through focused management, strong R&D, state-of-the-art proprietary technology, exclusive licenses, and joint ventures, Atlantic Wind & Solar Inc. is poised for rapid growth at the forefront of the massive global shift towards environmentally friendly, economical renewable energy. The Company is positioned to achieve significant inroads into key sectors of the annual $200 billion renewable energy boom that is accelerating across North America and around the world.

For more information and/or to subscribe for regular news updates from Atlantic Wind & Solar, visit: www.atlanticwindandsolar.com

Disclaimer:

Shareholders and investors are strongly cautioned against placing undue reliance on information set forth in these communications in making any investment decisions concerning our securities. The matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks are detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission including the company's Annual Report, Quarterly Reports and other periodic filings. These forward-looking statements speak only as of the date hereof. The company disclaims any intent or obligation to update these forward-looking statements.

Contact Information

  • Investor Relations Contact:
    Geneva Bancorp.
    Mr. Brent O'Connor
    +1 647 343-2549
    Email: Email Contact