SOURCE: GC China Turbine Corp.

GC China Turbine Corp.

September 15, 2010 11:15 ET

GC China Turbine Corp. to Present at 8th Annual Ardour Capital Energy Technology Conference in New York

NEW YORK, NY--(Marketwire - September 15, 2010) -  GC China Turbine Corp. (OTCBB: GCHT) (the "Company "or "GC China"), a leading Chinese manufacturer of twin blade wind turbines, announced today that Mr. Marcus Laun will be presenting at The Eighth Annual Ardour Capital Energy Technology Conference in New York. The presentation will be on Friday, September 17, from 10am to 10:30am in the President's Dining Room at the Fordham University Graduate School of Business: 113 W 60th Street, New York. Following the presentation, there will be a breakout session from 10:30am to 11am in the Plaza View room.

Laun will discuss the company's progress including recently reported second quarter 2010 results as well as its financial and operational outlook for the remainder of 2010. Sales for the three months ended June 30, 2010 were approximately $11 million, compared to no revenues for the same period last year. Net income was $1.6 million, or $0.02 per diluted share compared to a net loss of approximately $226 thousand, or $(0.01) per diluted share for the quarter ended June 30, 2009. GC China started mass production based on orders from customers during the second half of 2009 and 20 wind turbines were sold in the second quarter of 2010.

For more information about the conference or to schedule a one-on-one meeting with GC China Turbine management, please contact your Ardour Capital representative or visit the conference Web site at www.ardourcapital.com/annual_conference.php. Investors can also contact Todd Pitcher at 760-798-4938, or email tpitcher@aspirecleantech.com.

About Ardour Capital

Ardour Capital Investments, LLC provides financial services to the energy technology sector. The firm's services include corporate finance, business strategy, equity research, investment banking, raising capital, corporate branding, trading, and brokerage. It focuses on small capitalization growth companies. Ardour Capital is headquartered in New York City. Ardour Global Indexes are a family of pure-play alternative energy indexes. Member of FINRA/SIPC. For more information about Ardour Capital, visit www.ardourcapital.com.

About GC China Turbine Corp.

GC China is a leading manufacturer of state-of-the-art 2-bladed wind turbines based in Wuhan City of Hubei Province, China. The Company holds a license to manufacture a groundbreaking technology which meets rigorous requirements for low-cost and high reliability. The technology was developed through a 10 year European research project costing over US$75 million. GC China's launch product is a 1.0 megawatt ("MW") utility scale turbine with designs for a 2.5MW and 3.0MW utility scale turbine in development. The Company's initial efforts have been rewarded with contracts of approximately US$135 million to-date. For more information, visit: http://www.gcchinaturbine.com/.

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, completion of definitive agreements with local and provincial governments, wind farms and utility companies, number of wind turbine systems ordered, manufactured, delivered and installed, the Company's future strategic plans, the outlook for the Company's markets and the demand for its products, estimated sales, 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. 

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