SOURCE: WindPower Innovations, Inc.

WindPower Innovations, Inc.

June 18, 2013 06:00 ET

WindPower Innovations Announces That Its Cameo Group Has Expanded Its Product Offering

PHOENIX, AZ--(Marketwired - Jun 18, 2013) -  WindPower Innovations, Inc. (PINKSHEETS: WPNV) announced today that its Cameo Pools subsidiary has just launched its pool maintenance division to provide ongoing maintenance and repairs to its existing and new customers.

Cameo intends to expand its market share by providing quality, reliable weekly, bi-weekly and monthly pool maintenance services to customers, initially in the east valley of the Phoenix Metropolitan area. The Company will offer a discounted rate to customers who purchased a pool from Cameo at any time during the 35 years it has been in business and a slightly higher price to customers who had pools installed by a competitor.

John Myers, CEO of WindPower Innovations, commented, "This is the next step in our ongoing business plan, and provides another untapped growth area for our business and out stockholders."

Steven Vollaro, President of R.I.G. Construction D/B/A Cameo Pools said, "We expect to add about $1 Million dollars to annual revenue by adding this service which should also contribute to increasing our margins as the margins in maintenance are considerably higher than that obtainable on construction of new pools."

WindPower expects to announce in the near future some strategic partnerships that management believes have the potential to greatly increase the revenue of its Cameo Group.

About  WindPower Innovations, Inc.:
WindPower Innovations, Inc.
, is an acquirer of fundamentally sound sustainable technology, and renewable energy companies or those companies that benefit from "going green" which are market-accepted, scalable and demonstrate a quantifiable value proposition. Our focus is on organizations that have strong market presence, brand awareness and talented and dedicated management teams with the potential to achieve exceptional performance over time. By being acquired by WindPower Innovations these companies get access to our operational support, management approach and ability to access financial markets for operational and growth capital. By focusing on "sustainable and renewable" companies such as wind, solar, and companies utilizing sustainable technologies to make everyday products more affordable, more convenient and that may lower the "carbon footprint" we believe that we can create value for humanity at large and enhance shareholder value. WindPower Innovations has two subsidiaries; WindPower Solutions, Inc., that remanufactures wind power turbines for operators across the U.S., and R.I.G. Construction Inc. which markets under the "Cameo Brands" - Cameo Pools, Cameo Landscaping and Cameo Solar. For more information go to our websites at: www.wpienergy.com, www.cameopools.com

Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including those regarding WindPower Innovations, Inc. expectations, intentions, strategies and beliefs pertaining to future events or future financial performance. All statements contained herein are based upon current information available to WindPower Innovations, Inc.'s management as of this date. The business and operations of the Company are subject to substantial risks which increase the uncertainty that forward-looking results will be achieved and actual events or results may vary materially as a result of various important factors including those which management has little or no control. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements.

Contact Information

  • Investor Relations Information:
    Contact:
    Tom Nelson
    Phone Number: 480-326-8577