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A-Power Energy Upgraded to NASDAQ Global Select Market

Posted on: Monday, 2 June 2008, 09:22 CDT

A-Power Energy Generation Systems, Ltd. (NASDAQ: APWR) ("A-Power"), today announced that its shares will begin trading on the NASDAQ Global Select Market today under the same symbol, APWR.

Jinxiang Lu, A-Power's Chairman and CEO, commented, "We are pleased to have met the financial and liquidity requirements that enable our shares to be traded alongside NASDAQ's top tier companies. The NASDAQ Global Select Market was created for companies that meet the most stringent financial listing requirements, and this upgrade reflects A-Power's continued growth and enhanced market value."

A-Power's common stock was listed on the NASDAQ Capital Market prior to the upgrade. Additional information about the NASDAQ Global Select Market can be found at http://www.nasdaq.com/GlobalSelect.

About A-Power

A-Power Energy Generation Systems, Ltd., through its PRC operating subsidiary, Liaoning GaoKe Energy Group Co., Ltd., is the largest provider of distributed power generation systems in China and will enter into China's wind energy market in 2008. The Company is also focused on developing and commercializing additional renewable energy technologies and has strategic relationships with both Tsinghua University and the China Sciences Academy in Guangzhou.

Source: Business Wire

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