SOURCE: WindPower Innovations, Inc.

WindPower Innovations, Inc.

June 05, 2013 06:00 ET

WindPower Innovations Announces That Kelly J. Anderson Has Been Appointed as the Company's Chief Financial Officer

PHOENIX, AZ--(Marketwired - Jun 5, 2013) - WindPower Innovations, Inc. (PINKSHEETS: WPNV) announced today it has appointed Kelly J. Anderson, as its Chief Financial Officer effective June 29, 2013. 

Ms. Anderson is a certified public accountant who is currently the corporate controller at Fisker Automotive. She is a seasoned financial executive with public company compliance experience (Sox404), who has also previously served as a Chief Financial Officer and President in the same micro-cap space that WindPower inhabits and has raised over $30 million since 2008 in that arena. 

John Myers, CEO of WindPower Innovations, commented, "Our board of directors interviewed many potential candidates to join our team as our Chief Financial Officer. We were looking for someone who had been instrumental in multiple acquisitions, had compliance experience and had the contacts and proven track record to raise money to implement our business plan. In Ms. Anderson, we found everything we were looking for and are very pleased that she agreed to join our team."

"I am looking forward to working with Mr. Myers and the team he has been putting together," stated Ms. Kelly J. Anderson, the Company's new CFO. "My first tasks will be to assess how best to integrate our new acquisition, implement a comprehensive financial reporting system that will allow us to make additional acquisitions and raise capital so that we can also grow organically." She continued, "While I'm anxious to get started I still have some commitments to complete before I can devote my full attention to WindPower on June 29th."

Now that the Company has secured its Chief Financial Officer it will look to add qualified individuals to its Board of Directors.

About WindPower Innovations:

WindPower Innovations, Inc. is an acquirer of fundamentally sound sustainable technology, & 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 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 foot print" 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. that markets under the "Cameo Brands"-- Cameo Pools, Cameo Landscaping & Cameo Solar. For more information go to our websites at: www.wpienergy.comwww.cameopools.com

About Kelly J. Anderson:

Ms. Anderson is a certified public accountant and seasoned financial executive. Concurrent with her appointment as WindPower Innovation's Chief Financial Officer Ms. Anderson is also serving since 2012 as the Corporate Controller of Fisker Automotive, Inc., and served on the Board of Directors, Audit Committee Chair, and on the Compensation Committee of the Psychic Friends Network, Inc. from 2012 through May 2013. Prior to joining Fisker Automotive, Ms. Anderson served from 2008 to 2012, first as Executive Vice President, then Chief Financial Officer and finally as President of T3 Motion, Inc. At T3 motion revenue increased from $4.6 million to $9.5 million and Ms. Anderson raised over $30 million including an $11.1 million underwritten deal which included an uplisting to the NYSE Amex exchange. Ms. Anderson also has experience as a financial executive with larger companies such as Experian, and as Chief Accounting officer of Triple Net Properties where she was an officer of such publicly traded entities as G REIT, Inc., NNN 2002 Value Fund, and NNN 2003 Value Fund. She was a member of the First American Federal Credit Union supervisory committee whose responsibilities included oversight on that organization's Board of Directors and management. Ms. Anderson is a graduate of California State University, Fullerton and a Certified Public Accountant, State of California.

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