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Wind Energy America Inc. Announces Hiring of New Chief Financial Officer

Posted on: Monday, 17 March 2008, 15:00 CDT

Wind Energy America, Inc. (OTCBB: WNEA) today announced that it has hired Mr. Alan Cross as its Chief Financial Officer. Mr. Cross began his career at Arthur Andersen and Co. where he developed expertise in the creation and syndication of investment vehicles to raise capital for the exploration and development of natural resources. After becoming a partner with the firm he left public accounting to serve as the CFO for a number of private companies. He is a CPA and earned his B.A., M.B.A. and J.D. from the University of South Dakota.

Interim CEO Darrel Kluge said "I am excited about Alan's joining Wind Energy America as the first member of the new management team. His public accounting and private company management experience will be of tremendous value to the Company. Alan's outstanding credentials and reputation are indicative of the type of management executives we intend to bring on board."

About Wind Energy America: Wind Energy America holds various ownership interests in wind farms located on Buffalo Ridge in southwest Minnesota, and intends to develop additional wind power assets located primarily in the Midwestern and upper Great Plains regions of the USA. The wind farms in which the company owns its interests contain 79 modern wind turbines having a total rated capacity of 53.5 megawatts (53,000 kilowatts) and they collectively generate approximatly 160,000,000 kilowatt hours (kWhrs) of electricity annually. In addition through its acquisition of the assets of Boreal Energy the company now owns a 15% stake in Navitas (www.windpower.com) and a project development pipeline of about 1200 MW.

This press release contains "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on the Company's current expectations and involve known and unknown risks, uncertainties, or other factors which may cause actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on those forward-looking statements, which speak only as of the date hereof. The company undertakes no obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect unanticipated events or developments.

Source: Business Wire

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