SOURCE: Crosswind Renewable Energy Corp.

October 07, 2010 16:20 ET

Crosswind Renewable Energy and Southwest Windpower Enter Into Commercial Strategic Alliance

NAPLES, FL--(Marketwire - October 7, 2010) -  Crosswind Renewable Energy (PINKSHEETS: CWNR), a Clean Energy Solutions Company and global provider of category leading Renewable Energy Technology announced today that it has entered into a Commercial Strategic Alliance Partnership with Southwest Windpower for the marketing of Skystream Commercial Lighting Systems. Crosswind Renewable Energy considers the Skystream Commercial Lighting System to be a ground breaking technological advancement that has been proven in various outlets.

Under the terms of the agreement, Crosswind will be the first exclusive commercial alliance partner for the Skystream Commercial Lighting System utilizing Crosswind's significant, reliable, cost effective and widely distributed network.

"We feel most fortunate that Southwest has selected Crosswind as their only Commercial Strategic Alliance Partner for the marketing of their Lighting System," said Michael Lynch, CEO of Crosswind Renewable Energy.

Skystream Commercial Lighting Systems use existing street lighting and parking lot light infrastructure or new monopoles to site micro-wind turbines that power the light fixtures and feed the local grid with renewable power. Skystream Lighting Systems integrate the Southwest Windpower Skystream 3.7 wind turbine (2.4kW) with standard street light poles and various parking lot lights to create highly functional green infrastructure assets.

About Southwest Windpower
Southwest Windpower has been designing and distributing small wind turbines for over 22 years and is the recognized global leader in the design, manufacturing and distribution of distributed wind systems (400 - 3,000 watts). The company has been a pioneer in the development of wind technology and has built and shipped over 170,000 wind turbines to over 120 countries worldwide and has sales representation in over 88 countries. Headquartered in Flagstaff, Arizona, it also has operations in Cologne, Germany and a joint venture in Ningbo, China. Applications for the company's products include residential homes, commercial properties, micro grid, remote cabins, telecom transmitters, offshore platforms, water pumping and sailboats.

The company has received substantial support from its investors including Altira Group, Chevron Technology Ventures, GE Energy Financial Services, NGP Energy Technology Partners, PCG Clean Energy Technology Fund and Rockport Capital Partners.

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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 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. For more information please visit:

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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