Schneider Power Inc.

Schneider Power Inc.

February 20, 2009 16:30 ET

Schneider Power Announces Change to Board of Directors

TORONTO, ONTARIO--(Marketwire - Feb. 20, 2009) - Schneider Power Inc., (TSX VENTURE:SNE) today announced the resignation of Mr. Ralf Krueger from the Board of Directors for personal reasons.

Schneider CEO Jonathan Lundy commented, "As a veteran of the European renewable energy industry, Ralf provided great wisdom and significant value to the Company over the past three years and we thank him for this service and wish him well in the future."

Going forward, Schneider will continue to use and benefit from the services of Mr. Krueger's employer Juwi, GmbH.

Current members of Schneider Power's Board of Directors include: Richard Boxer, Lewis Reford, Bernd Schneider, Thomas Schneider and Jonathan Lundy.

About Schneider Power

Schneider Power Inc. is one of Canada's premier renewable energy companies, with a large portfolio of clean electricity generation development projects and advanced exploration projects located across two continents, and large land positions on the most promising and prospective wind and solar power areas in North America.

Schneider Power is listed on the TSX Venture Exchange under the symbol SNE.

Certain statements included in this news release constitute "forward-looking information" within the meaning of applicable securities legislation. Such forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Schneider Power to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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