SAN DIEGO, June 26, 2008 (PRIME NEWSWIRE) -- Welwind Energy International Corp. (OTCBB:WWEI) (the "Company") is pleased to announce that it has signed a Development Services Agreement with Windcor Power Systems Corp. to develop its current wind projects in China and British Columbia, Canada.
The Company further announces that it has begun negotiations for a wind and solar energy project in the Caribbean. Additional details will be released as they become available.
ABOUT WINDCOR
Windcor Power Systems is a Canadian wind developer with over 3000 Megawatts under development in Canada and around the world. Windcor is a full service wind company providing development services to various clients worldwide and is currently developing its own projects. The company was founded in 2002 and since inception, the company has formed strategic joint venture partners on many of its projects.
ABOUT WELWIND
Welwind Energy International Corp. is committed to providing the best resource option available for renewable energy, protecting our environment, empowering communities, bolstering local economies and respecting the rights of future generations.
Welwind Energy International was founded to build, own and operate wind farms on an international scale. The company's goal is to become a leading provider of clean energy products for the residential, business and governmental consumer.
The Welwind Energy International Corporation logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3727
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements, which are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, risks set forth in documents filed by the company from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by, or on behalf of, the Company, are expressly qualified by these cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.