SOURCE: Crosswind Renewable Energy Corp.

October 05, 2010 11:22 ET

Crosswind Renewable Energy Signs Strategic Alliance With Veinsa/Inversones Corporativas Bioeco S.A.

NAPLES, FL--(Marketwire - October 5, 2010) -  Crosswind Renewable Energy (PINKSHEETS: CWNR), a Clean Energy Solutions company and global provider of category leading Renewable Energy Technology announced today it has entered into a multi-year distribution agreement with Veinsa/ Inversones Corporativas Bioeco S.A. a leading diversified multi-national company and part of the Aizenman Group. Veinsa/Inversones will be responsible for the sales and installation of Crosswind Renewable Energy distributed products within Central America.

"The opportunity to join with a corporation of this magnitude in working together as a first mover in introducing Clean Energy Saving Solutions in the region to a much needed part of the world is a major accomplishment for Crosswind," said Michael Lynch CEO of Crosswind.

About the Veinsa/Inversones Corporativas Bioeco S.A.
As a related Company to the Aizenman Group of Companies, Veinsa has the organizational structure and economic resources necessary to develop the Crosswind Renewable Energy brand and its family of Clean Energy Solutions. The Aizenman Group, a long established multi-national corporation with interest in Autos, Food Services, Real Estate, amongst other enterprises has chosen Crosswind Renewable Energy as its Clean Energy Solution Company for distribution throughout the region.

About Crosswind Renewable Energy
Headquartered in Naples, Florida Crosswind Renewable Energy (CRE) is a Clean Energy Solutions Company and a Global Provider of Category Leading Renewable Energy Technology. CRE 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 its extensive commitments 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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