NAPERVILLE, Ill., April 7 /PRNewswire-FirstCall/ -- Broadwind Energy, Inc. (BULLETIN BOARD: BWEN) , a leading provider of components, logistics and services to the wind power and broader energy markets, today announced its common stock has been approved for listing on the NASDAQ Global Select Market.
Broadwind's shares will commence trading on NASDAQ on April 9, 2009 under the same ticker symbol "BWEN."
"Achieving a NASDAQ Global Select Market listing is another major milestone in our growth and maturation as a public company," said J. Cameron Drecoll, CEO of Broadwind Energy. "We are very pleased to begin trading on NASDAQ, a leading global stock exchange."
About Broadwind Energy, Inc.
Naperville, Illinois-based Broadwind Energy, Inc. (BULLETIN BOARD: BWEN) manufactures, installs and maintains components for the energy industry, with a primary emphasis on the wind energy sector. The Company's offerings include wind tower manufacturing; heavy steel fabrication; wind facility construction support; wind turbine installation and maintenance; precision gear manufacturing; and specialized transportation services. Its platform companies currently include Badger Transport, Inc., a specialty heavy hauler; Brad Foote Gear Works, Inc., a precision gearing systems manufacturer; Energy Maintenance Service, LLC, a wind energy operation and maintenance service provider; R.B.A. Inc., a heavy steel fabricator; and Tower Tech Systems Inc., a wind tower manufacturer. Broadwind and its platform companies employ approximately 1,000 people across the U.S. For more information, visit http://www.broadwindenergy.com/.
Forward Looking Statements
This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995 - that is, statements related to future, not past, events. Forward-looking statements are based on current expectations and include any statement that does not directly relate to a current or historical fact. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "anticipate," "believe," "intend," "expect," "plan," "will" or other similar words. These forward-looking statements involve certain risks and uncertainties that ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. For further discussion of risks and uncertainties, individuals should refer to the Company's SEC filings. The Company undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement.
Broadwind Energy, Inc.
CONTACT: Jeff Lambert or Karen Keller, kkeller@lambert-edwards.com, both
of Lambert, Edwards & Associates, +1-616-233-0500
Web Site: http://www.broadwindenergy.com/
