NEW YORK, June 4, 2007 (PRIME NEWSWIRE) -- Americas Wind Energy CEO updates the Wall Street Reporter investor community on the wind generation boom
Wall Street Reporter Magazine has just published an exclusive interview with Hal Dickout, Chief Executive Officer of turbine manufacturer Americas Wind Energy Corp. (OTCBB:AWNE), updating the investment community on how wind generation fever has spread throughout North America.
"There's a great deal of interest in all communities now about renewable energy," Mr. Dickout tells Wall Street Reporter senior analyst Todd Santorelli. "This market is throughout, if you will, all the windy areas of the continent, but the hottest market right now seems to be the U.S. Midwest, where there's a great deal of activity almost everywhere you go."
The 8-minute interview is now available at http://wallstreetreporter.com in streaming audio, MP3, and text format -- all free of charge.
Highlights include detailed discussions of the following topics:
-- Americas Wind Energy's unique "gearless" direct drive turbine technology, which eliminates common mechanical failures. "This is a huge advantage for us because the biggest problem with wind to date has been problems with the drive gear," said Mr. Dickout. "We don't have one." -- How the company's "virtual manufacturing" model leverages existing expertise at steel fabrication organizations to support (and expand) its business. "Since we subcontract to people who are already good at what they're doing, we have a great number of resources available to us in terms of ability to grow the business," Mr. Dickout explains. -- The prospects of increased order flow over the near term. "We see the next two to three years as being an enormous growth period." -- The increasingly central role of wind in the shifting national and global energy marketplace.
"The whole wind business is new; it's growing dramatically," Mr. Dickout tells Wall Street Reporter. "As everyone is beginning to learn now with the interest in renewables and wind in particular, the wind opportunity is just outstanding."
About Wall Street Reporter
Wall Street Reporter (Est. 1843) helps smart investors connect with exciting companies, through our website, magazines and conferences. We're probably best known for our exclusive interviews with industry-leading CEOs and the world's top investment experts.
Wall Street Reporter produces in-depth, unbiased, unfiltered interviews that deliver a first-hand, straight-from-the-source perspective. This enables our audience to make intelligent and informed investment decisions.
About Americas Wind Energy Corp.
Americas Wind Energy is a supplier of wind turbines to the wind power industry throughout North America. AWE owns the rights to Lagerwey wind turbine technology for the Americas. Suitable applications for AWE turbines include:
* Wind farms * Municipal wind power systems * Large agricultural wind power * Imbedded system for industry and mining * Wind systems integrated with other technologies (e.g. wind diesel)
Forward-Looking Statements
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.