SOURCE: Crosswind Renewable Energy Corp.

December 23, 2010 16:00 ET

Crosswind Renewable Energy Corp. and Energia Del Futuro Bio-Power, S.A. Enter Into Sole Distribution Agreement

NAPLES, FL--(Marketwire - December 23, 2010) - Crosswind Renewable Energy Corp. (PINKSHEETS: CWNR), a Clean Energy Solutions company and global provider of category leading renewable energy technology announced today that it has entered into a multi year Sole Distribution Agreement with Energia Del Futuro Bio-Power, S.A. a leading Clean Energy Solutions provider within Latin America.

The Agreement provides Energia Del Futuro Bio-Power, S.A. with the sole distribution rights of Crosswind Renewable Energy Corp.'s distributed products within Central America, Panama, Colombia, Chile, Peru, Brazil, Argentina and any other opportunities throughout the Americas with prior approval.

"Energia Del Futuro Bio-Power, S.A.'s vast network and resources affords Crosswind's distributed products to be showcased to one of the largest population bases in the world. The expansion and the increased demand from our previously distributed products to Energia Del Futuro Bio-Power, S.A., have made this the next logical step in the deployment of Crosswind Renewable Energy's Distributed Product portfolio of Clean Energy Solutions," says Michael A Lynch, CEO.

About Energia Del Futuro Bio-Power S.A.
As the Clean Energy division of the Aizenman Group of Companies, Energia Del Futuro Bio-Power S.A.,, has become recognized as a leader in Clean Energy Solutions for the betterment of mankind within the regions of Central and South America.
The Aizenman Group, a long established multi-national corporation maintains interests in Autos, Food Services, Real Estate and Clean Energy Solutions amongst other enterprises.

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.

Crosswind is strategically positioned as a premier provider of clean energy solutions due to its global network reach and involvement with industry leading companies. We serve as better stewards of the environment and the communities we serve with our leading renewable energy technologies and our significant, reliable, cost effective and widely distributed network. The company drives initiatives from a wide range of Renewable Energy Solutions that range from the sale, warranty, installation and monitoring services of high performance WePOWER Vertical Axis Wind Turbines, Skystream Commercial Lighting Systems, Cutting Edge LED Saving Solutions, Windvertiser™ Eco-Friendly Outdoor Advertising, Power Energy Control Management, Monitoring Systems and Solar Thermal Systems.

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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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