TORONTO, Aug. 5 /CNW/ - China Wind Power International Corp. (TSX-V: CNW)
("China Wind" or the "Company"), today announced that it has retained The
Equicom Group Inc. ("Equicom") to provide the Company with strategic investor
relations and financial communications services.
Under the terms of the agreement, China Wind will pay Equicom a monthly
retainer fee of $6,500.00 for select strategic communications services. The
initial contract term is 12 months and commences immediately.
Neither Equicom nor any of its principals have an ownership interest,
directly or indirectly, in China Wind or its securities, and China Wind has
not granted Equicom or its principals any right to acquire such an interest.
About China Wind Power International Corp.
China Wind Power International Corp. is an Ontario company that is
uniquely positioned to capitalize on the demand for wind power in China. The
Company indirectly holds the exclusive rights for wind energy development in
Du Mon County, a favourable location for wind power generation.
Du Mon County is located in the center of "Harbin - Daqing - Qiqihar
Industry Corridor" in Heilongjiang Province. Recently completed wind
assessment studies in Du Mon County demonstrated potential installed capacity
of 860MW of wind energy developable over an area of 220 square km, with wind
power density of 300-450 Watts per square meter. While 860 MW represents the
Company's long-term potential for wind power in the area, its current plans
are for building out eight wind farms representing capacity of 546 MW over
five development phases. The Company is currently constructing its first two
wind farms, representing aggregate capacity of 98.5MW, with construction of
the first 49MW wind farm over 50% completed.
About Equicom Group
Equicom, a wholly-owned subsidiary of TMX Group Inc., is a leading
Canadian provider of investor relations and strategic corporate communications
services. With proven expertise in developing and executing highly effective
strategic communications programs, and an extensive network of investment
community contacts, Equicom specializes in helping clients achieve their
capital markets objectives. Equicom offers a comprehensive suite of services
including: investor relations, media relations, annual report production,
multimedia and web design, web casting, live event management and corporate
branding. Equicom is headquartered in Toronto, with offices in Montreal and
Calgary. For further information, please visit www.equicomgroup.com or follow
Equicom on Twitter at http://twitter.com/Equicom
This press release contains forward-looking statements, within the
meaning of applicable securities legislation, concerning China Wind's business
and the markets in which it operates. In certain cases, forward-looking
statements can be identified by the use of words such as "plans", "expects" or
"does not expect", "budget", "scheduled", "estimates", "forecasts", "intends",
"anticipates" or variations of such words and phrases or state that certain
actions, events or results "may", "could", "would", "might" or "will be
taken", "occur" or "be achieved". These forward looking statements are based
on current expectations, and are naturally subject to uncertainty and changes
in circumstances that may cause actual results to differ materially. Readers
are cautioned not to place undue reliance on such forward-looking statements.
Forward-looking information is provided as of the date of this press release,
and China Wind assumes no obligation to update or revise them to reflect new
events or circumstances, except as may be required under applicable securities
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
For further information:
For further information: Wendell Zhang, Chief Financial Officer, China
Wind Power International Corp., Tel: (416) 916-4205, Email:
firstname.lastname@example.org; Trevor Heisler, Investor Relations, The Equicom Group
Inc., Tel: (416) 815-0700 ext 270, Email: email@example.com