SOURCE: Crosswind Renewable Energy Corp.

October 04, 2010 12:53 ET

Crosswind Renewable Energy and Stealth MediaLabs, Inc. Complete Merger

NAPLES, FL--(Marketwire - October 4, 2010) -  Crosswind Renewable Energy, Corp. (PINKSHEETS: CWNR), a modern clean energy company and global provider of category leading renewable energy technology solutions, announced today that they have completed the merger with Stealth MediaLabs, Inc. Stealth MediaLabs, Inc. will purchase 100% of the shares of Crosswind Renewable Energy. Under the terms of the agreement, Stealth Media Labs, Inc. will emerge as the surviving company and change its ticker symbol to CWNR.PK. Additionally, Stealth MediaLabs, Inc. has changed its name to Crosswind Renewable Energy, Corp.

About Crosswind Renewable Energy
Headquartered in Naples, Florida Crosswind Renewable Energy is a Clean Energy Solutions Company and a Global Provider of category leading Renewable Energy Technology. Crosswind focuses on evolving renewable technologies, LED saving solutions, and the delivery and installation of the highest quality and most reliable clean technologies which harvest local sustainable natural energy resources from the wind, sun and water. This Eco‐Environmental Energy Provider is dedicated to helping private businesses, public enterprises, government agencies, educational institutions and residential communities throughout the world to achieve a better standard of green living.

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Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: The statements in this release relating to completion of the acquisition and the positive direction are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include, but are not limited to, contractual difficulties which may arise, the failure to obtain necessary approvals, the future market price of Crosswind Renewable Energy common stock and the ability to obtain the necessary financing.

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