SOURCE: McKenzie Bay

September 27, 2005 04:00 ET

McKenzie Bay and Bristol County Massachusetts Sheriff's Office Sign Wind Power Purchase Agreement

NORTH DARTMOUTH, MA -- (MARKET WIRE) -- September 27, 2005 -- McKenzie Bay International, Ltd. (OTC BB: MKBY) is pleased to announce that its wholly owned subsidiary, WindStor Power Co. "WPC," has entered into a Power Purchase Agreement "PPA" with the Bristol County Sheriff's Office. If all of the conditions to the agreement are satisfied, WPC's WindStor® will produce and distribute electricity, generated by up to three WindStor® Wind Turbines, directly to the Bristol County Jail in North Dartmouth, Massachusetts.

Gary L. Westerholm, McKenzie Bay President, said; "Massachusetts is a leader in promoting and supporting renewable energy initiatives. We are pleased to be able to demonstrate WindStor's functionality as a renewable energy - distributed generation solution with Bristol County. Being able to fix even a portion of the cost of electricity, for more than a decade, should offer welcome relief to municipal governments facing ever increasing energy costs."

Subject to the terms of the PPA, Bristol County will purchase electricity generated and distributed by WindStor® at a fixed rate for fifteen years, providing an immediate hedge against utility rate increases. Additionally, no capital expenditure will be required by Bristol County. WPC will build, own, operate and maintain WindStor®.

Sheriff Thomas M. Hodgson, said, "WindStor® is the perfect solution for "green" energy at Bristol County Jail for many years to come and we welcome the opportunity to be the first in Massachusetts to benefit from this innovative wind generation technology and business approach."

WPC Sales Representative, Acela Energy Group Inc, a Norwood, Massachusetts-based Strategic Energy Procurement Consulting Firm, sourced the transaction. Richard Costello, Acela President, said, "The recent, successful commercialization of Vertical Axis Wind Turbines coupled with the ever increasing cost of energy, has propelled Windstor®'s innovative power purchase program to the forefront of acceptable, onsite, fuel free generation. This program is becoming the most desired solution to help battle high electric costs".

Prior to finalizing the system configuration and installing WindStor®, WPC will complete site-specific due diligence pursuant to the PPA with Bristol County including: mast height for the optimal wind regime; required zoning and permits; geotechnical composition and any regulatory or governmental authorization. WPC will then submit a final pricing structure to Bristol County. Upon acceptance, WPC will complete financing arrangements to procure the additional funding that will be necessary for completion of the installation. Although WPC is pursuing potential sources of the funds necessary for installation, there can be no assurance that it will be able to acquire the funds on terms favorable to WPC, if at all or that all of the conditions to the agreement can or will be satisfied.

WindStor Power Co. is the owner and operator of WindStor®, a wind energy system designed to integrate distributed generation, installed on or near urban buildings, with grid, off-grid and other power sources. WindStor® features a patent pending vertical-axis WindStor® Wind Turbine and a "proprietary" system integrator.

Contact: Investor Relations - Richard Kaiser - 800-631-8127 info@yesinternational.com

McKenzie Bay International, Ltd & WindStor Power Co - 248-489-1961 info@mckenziebay.com

Bristol County Sheriff's Office - Said Thomas - Phone - (508) 995-1311 saidthomas@bcso-ma.org

Acela Energy Group - Richard Costello - 781-255-0316 - richard.costello@acelaenergy.com

This information statement contains statements that are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as 'estimates,' 'anticipates,' 'plans,' 'believes,' 'projects,' 'expects,' 'intends,' 'predicts,' 'future,' 'may,' 'potential,' 'contemplates,' 'will,' 'should,' 'could,' 'would' or the negative of such terms or other comparable terminology. These statements relate to the Company's future operations and financial performance or other future events. These statements are only predictions and not guarantees of future success. Many of the forward-looking statements are based on assumptions about future events that may prove inaccurate. Actual events, results, performance or achievements may differ materially from the events, results, performance or achievements discussed in the forward-looking statements. McKenzie Bay undertakes no obligation to revise, update or clarify forward-looking statements to reflect events or conditions after the date of this information statement.

Contact Information

  • Contact:
    Investor Relations
    Richard Kaiser
    800-631-8127
    Email Contact

    McKenzie Bay International, Ltd & WindStor Power Co
    248-489-1961
    Email Contact

    Bristol County Sheriff's Office
    Said Thomas
    Phone - (508) 995-1311
    Email Contact

    Acela Energy Group
    Richard Costello
    781-255-0316
    Email Contact