Pressemitteilungen
Wind Works Power Corp. verkündet Veränderungen im Management Team sowie im Board of Directors.
23. September 2009
OTTAWA, ONTARIO--(MARKET WIRE)—September 23, 2009 – Wind Works Power Corp. (OTC BB:WWPW- News) and (Frankfurt:R5E1.F - News)(WKN: AOKE72) is pleased to announce that Dr. Ingo Stuckmann has been appointed Chief Executive Officer and that J.C. Pennie, Dr Ingo Stuckmann, Dr. Thomas Tschiesche and Greg Wilson have been appointed to the Board of Directors.
Ingo Stuckmann, Ph.D., CEO, President and Director – Dr. Stuckmann received a Ph.D. in Natural Sciences from the University of Heidelberg and conducted research at Harvard thereafter. In 2002, Ingo joined Energy Farming International, a wind farm financing and construction company based in Germany. During his management, 230 MW of wind farm projects were successfully developed in Spain and 329 MW were successfully developed in the US. Energy Farming International merged with Seeba Energy Farming Group in 2007, and Ingo now serves as a Principal of the merged entity. With currently more than 80 employees, SeeBa Energy Farming Group www.seebaenergyfarming.de is involved in the planning and developing of more than 900 wind turbines with an accumulated capacity of more than 1300 MW around the world. Approximately 30% of these wind turbines are mounted on SeeBa-lattice towers, the majority with hub-heights of more than 100m. In 2008, Ingo co-founded Zero Emission People LLC for wind energy development in North America.
Dr. Stuckmann commented, “The joint venture that Wind Works recently entered into with Zero Emission People LLC is the first step in what I believe will be a key strategic partnership that will grow over time. My immediate focus will be to fully develop the joint venture wind energy project, and look to aggressively add to the portfolio of development projects. It is my sincere objective to build Wind Works into the leading wind energy development company in North America.”
J.C. Pennie, Chairman of the Board of Directors - Mr. Pennie is a pioneer in the wind energy industry in Ontario, Canada. He has successfully developed six wind energy projects representing $360 million in power contracts that have been sold into joint ventures with international firms such as Energy Faming International of Germany and Schneider Power of Toronto. Mr. Pennie is on the IESO (Independent Electrical System Operators) renewable energy standing committee. The IESO is responsible for coordination of generation and transmission with electricity demand. Mr. Pennie is also Vice-Chairman of DareArts Foundation for Children, founded in 1994 using multi-cultural arts education programs for children at risk. DareArts has reached over 110,000 children in Canada. www.DareArts.com
J.C. Pennie stated, “I am looking forward to implementing the Wind Works team vision to capitalize on the Obama leadership to free us from carbon pollution. The Ontario government has made a correct choice through the Green Energy Act to reduce 34% of CO2 emissions from coal fired electricity plants by transferring taxpayers burden of the mounting health costs of lung disease into building renewable energy.”
Mr. Pennie continued, “Now that we taxpayers are shareholders of General Motors, it is the intent of both the US and Canadian governments to produce battery operated cars. With millions of cars plugged in at night, wind power is the perfect twin to store pollution free energy and use it during the day in non-polluting cars, tackling according to the US EPA, the other 28% of CO2 air pollution. The cost of $2.50 for charging a car for a 400km trip is a real win for consumers, now that the Ontario Government is offering a $10,000 electric car purchase rebate.”
Thomas Tschiesche, Ph.D., Director – Dr. Tschiesche received a Master of Science in Mechanical Engineering from the University of Washington, Seattle and a Ph.D. from the University of Duisburg. Thomas served over 5 years as general manager at Nordex, one of the world's leading wind turbine manufacturers. Over 100 wind farm projects were realized under his management - in locales as varied as Pennsylvania, California, Germany, Spain, Greece, Turkey, Egypt, and China with Nordex annually doubling its turnover year after year culminating in the IPO in 2001. In 2002 serving as its CEO, Thomas co-founded Energy Farming International, a company for wind farm financing and construction that grew to $100 Million USD in revenue over six years. Energy Farming International merged with Seeba Energy Farming Group in 2007 where he also serves as a Principal of the merged entity. In 2008, Thomas co-founded Zero Emission People LLC for wind energy development in North America.
Greg Wilson, Director – Mr. Wilson is a financier and corporate strategist. In 1997, he founded EMT Capital Corp., a financial advisory firm that has worked on a number of successful capital market transactions, including M&As, IPOs, RTOs and private equity financings. In 2005, Greg was part of the group that founded Paramount Gold & Silver Corp., a precious metals exploration company that trades on the NYSE and TSX. In addition to Wind Works, Greg also serves on the Board of Directors of a public mining company. Greg has completed the Canadian Investment Management (CIM) program, and has earned the Fellow of the Canadian Securities Institute (FCSI) designation.
Wind Works is also pleased to announce that Cam Birge, currently President and a Director of Wind Works, has agreed to resign as a Director and assume the role of CFO.
Cam Birge, Chief Financial Officer - Mr. Birge served on the Advisory Board and as Vice President of Operations of the Trust for Sustainable Development which has been engaged in the business of planning and creating sustainable buildings and towns involving alternative energy since 1994. Cam has also served as President and Director of two public mining companies and is a partner in a Honda car dealership. Cam was an Associate Professor at United States International University (Mexico City campus) and was twice elected to serve on the Academic Counsel as the Head of the Graduate Business studies. He is a consultant to public and private companies doing business in Canada, the United States and Mexico.
Concurrent with the appointment of the new management team, William Reed and Lucie Letellier tendered their resignations as officers and directors of the Company.
About Wind Works
Wind Works’ mission is to be a leading developer of wind energy projects in North America. For more information, please visit: www.windworkspower.com
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the company's control, inability to successfully conclude negotiations currently in progress, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.