SAN DIEGO, Aug. 11, 2008 (PRIME NEWSWIRE) -- Welwind Energy International Corp. (OTCBB:WWEI) (the "Company") has visited the site near Dawson Creek British Columbia and met with the landowners of the 4680 acre Peace Region project. The majority of the project will be situated on private cultivated land. Currently the properties are being used primarily for hay farming and cattle ranching. Welwind Director, Shannon de Delley reports that the company intends to install 2 to 4 meteorological towers on the property this fall.
The Peace River region is known to be one of the windiest areas in B.C. and is currently being considered by many wind developers, with some wind farms now under construction. The Clean Power Call by BC Hydro indicates that at least 90 per cent of all electricity generated in the Province must continue to come from clean or renewable sources and to achieve electricity self-sufficiency by 2016.
Investor Relations -- The Company further announces that it has retained the services of NetGain Financial for Investor Relations and Merger and Acquisition services. NetGain specializes in working with small-cap and mid-cap companies in a variety of industries. By leveraging many years of experience in the financial markets, NetGain assists clients in achieving broad market awareness through effective dissemination of their corporate information.
Chinese Website -- In conjunction with the hiring of NetGain, the company has officially launched a fully integrated Chinese website under the URL www.welwind.cn. The new website gives up to date information and allows Welwind to market the company to the Chinese communities globally.
ABOUT NETGAIN FINANCIAL
NetGain Financial is a marketing and communications company specializing in the financial and merchant banking sector. Experienced with publicly traded companies on the major stock exchanges, their highly accomplished team develops marketing strategies, including shareholder communications, in order to build and maintain a strong shareholder base.
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.