SOURCE: GC China Turbine Corp.

GC China Turbine Corp.

September 08, 2009 07:30 ET

GC China Turbine Corp. Announces New Directors

CENTERVILLE, MA--(Marketwire - September 8, 2009) - Nordic Turbines Inc. (OTCBB: NDTI) d.b.a. GC China Turbine Corp. (the "Company") is pleased to announce three new directors to its Board, Mr. Hou Tie Xin, as Chairman of the Board, Ms. Qi Na along with Mr. Xu Jia Rong.

Mr. Hou Tie Xin is the founder, Chairman of the Board and General Manager of Wuhan Guoce Electric Power New Technology Co., Ltd. ("Wuhan Guoce") established in 1995. Mr. Hou has overseen the acquisition of over ten subsidiaries and has been awarded the title of Outstanding Entrepreneur by the municipal government. Mr. Hou is a nationally renowned power expert and is a professor of engineering. He has obtained more than 20 patents for his inventions in connection with his research and development of energy technology. Mr. Hou is a member of the China Standardization Committee and an author of China's Power Quality Standards. He is also a member of the International Electrotechnical Commission ("IEC") and attended the 2007 IEC Assembly in Tokyo as the leader of the Chinese delegation. Mr. Hou obtained his Bachelor of Engineering degree in Power System and Automation from Wuhan University in 1982 and a Masters degree in Power Automation from Huazhong University of Science & Technology in 1990.

Ms. Qi Na has been General Manger of Wuhan Guoce Nordic New Energy Corp. since 2006. From 2004, she was General Manager of Wuhan Guoce Power Investment Corp. as well as Vice General Manager of Wuhan Guoce Science & Tech Corp. In 1999, Ms. Qi founded and was General Manager of Hubei Tai Kang engineering Tech Corp. Prior to 1999, she worked in a variety of managerial roles at Hubei International Financial Technology Consultation Corp., Hubei Chang Jiang HePing Shi Ye Corp., and Wuhan Machine Bidding Corp. Ms. Qi obtained a Bachelor of Engineering degree specializing in Marine Power Plants from Shanghai Jiaotong University in 1978.

Mr. Xu Jia Rong currently serves as Executive Deputy General Manager of Wuhan Guoce Science & Tech Corp. and has served as Chief Engineer at Wuhan Guoce since 1996. From 1992 through 1996, Mr. Xu served as project leader at the Wuhan Hongshan Electrician Technical Research Institute. Prior to 1992, Mr. Xu taught at the Wuhan Water Conservation Electric Power Institute. Mr. Xu has extensive management experience, and is a power expert in research and development of substation automation and computer-based relay protection. He has published several technical journals and treatises which have earned him recognition as a leader in his field as well as several prestigious technical awards. Mr. Xu attended Wuhan University where he obtained a Bachelor of Engineering degree in Hydraulics and Electrics in 1982 and a specialized Masters degree in Power System Automation in 1987.

These appointments are in furtherance of the objectives of the Company as part of a binding letter of intent with Wuhan Guoce Nordic New Energy Co. Ltd., a People's Republic of China company ("GC Nordic"), and related parties whereby upon the close of a formal definitive share exchange agreement, the Company shall indirectly own all of the outstanding capital stock of GC Nordic.

GC Nordic is a wind turbine manufacturing venture of Wuhan Guoce Nordic New Energy Co. Ltd., an affiliate of the highly regarded and successful multi-division Wuhan Guoce Group of Companies. The organization is a well established manufacturer of hydraulic and electronic systems offering direct access to a national client base representing a large industrial market share with extensive vertical penetration opportunities across the People's Republic of China ("PRC"). The company holds a license to manufacture a robust and innovative wind turbine system originally developed in Europe.

Further details regarding the Company and details of agreements with GC Nordic are filed as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

GC China Turbine Corp.
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Marcus Laun, Director

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