Tower Tech Holdings Changes Name to Broadwind Energy

    Public Company Expands Focus to Deliver Total Supply Chain Solutions in
    North American Energy Sectors

    MANITOWOC, WI, March 3 /CNW/ - Tower Tech Holdings Inc. (OTC Bulletin
Board: TWRT) has completed a corporate name change to Broadwind Energy, Inc.
    Effective March 4, all common shares of Broadwind Energy, Inc., as well
as shares previously traded under the TWRT symbol, will be traded on the Over
The Counter market under the ticker symbol BWEN.
    Broadwind manufactures, installs and maintains components for energy and
infrastructure-related industries with a primary emphasis on the wind energy
sector. The company employs approximately 800 people.
    While wind tower manufacturing continues to be a major focus for
Broadwind, strategic acquisitions have broadened the company's reach and
capabilities for a range of energy-related industries. Over the past six
months, Broadwind has added platform companies with extensive capabilities in
gearing systems manufacturing, refurbishing and repair; wind energy facility
construction; and providing operations, maintenance, repair and refurbishing
services for wind production equipment. In addition, Broadwind's platform
companies engaged in tower and gearing system manufacturing recently completed
significant plant expansions and hiring campaigns which started in mid-2007.
    "Broadwind Energy has taken positive steps to fill the gaps in the North
American wind energy development and generation supply chain," said J. Cameron
Drecoll, Broadwind Energy CEO. "We are in a strong position financially,
geographically and operationally to provide the products and services that
energy companies need to operate effectively. By aggressively expanding our
already broad base, we will continue to create advantages for Broadwind, our
platform companies, our customers and our partners."
    Broadwind's headquarters are in Manitowoc, Wis. Within a week, Broadwind
will launch its website at The company also
plans to roll out an advertising and marketing campaign in early April.

    About Broadwind Energy, Inc.

    Broadwind Energy (OTC: BWEN), headquartered in Manitowoc, Wis.,
manufactures, installs and maintains components for energy and
infrastructure-related industries with a primary emphasis on the wind energy
sector. The company's operational platforms include wind tower manufacturing,
other heavy steel manufacturing, service and construction and precision gear
manufacturing. Its platform companies currently include Brad Foote Gear Works,
Inc., a precision gearing systems manufacturer in Cicero, Ill.; Energy
Maintenance Service (EMS), a wind energy operation and maintenance service
provider in Gary, S.D.; RBA Inc., a heavy weld and machining fabricator in
Manitowoc; and Tower Tech Systems, Inc., a wind tower manufacturer in
Manitowoc. Broadwind has approximately 800 employees across the United States.

    Forward-Looking Statements

    Certain statements found in this press release may constitute
forward-looking statements as defined by Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Such statements may be identifiable by words such as "anticipate,"
"believe," "intend," "expect," "plan," or other similar words and relate to
(i) the advantages created by our acquisitions and expansion, (ii) the planned
launch of our website, and (iii) our upcoming advertising and marketing
campaign. Although it is not possible to foresee all of the factors that may
cause actual results to differ from our forward-looking statements, such
factors include, among others, the following: (i) difficulties in integrating
the operations of acquired businesses and our ability to successfully
capitalize on the acquired business's strengths and service offerings; (ii)
unforeseen delays, costs or liabilities that may arise in connection with the
acquisitions; (iii) unforeseen delays associated with the launch of our
website or advertising and marketing campaign; (iv) fluctuations in general
economic conditions; and (v) those risks described from time to time in our
reports to the Securities and Exchange Commission (including our Annual Report
on Form 10-KSB for fiscal year 2006). Investors should not consider any list
of such factors to be an exhaustive statement of all of the risks,
uncertainties or potentially inaccurate assumptions that could cause our
current expectations or beliefs to change. Shareholders and other readers
should not place undue reliance on "forward-looking statements," as such
statements speak only as of the date of this release. We undertake no
obligation to update publicly or revise any forward-looking statements.

For further information:

For further information: Cam Drecoll of Broadwind Energy, Inc., (630)
637-0315,, Web Site:

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