Welwind Announces Corporate Update


Vancouver, British Columbia, April 20, 2009 (GLOBE NEWSWIRE) -- Welwind Energy International Corp. (OTCBB:WWEIE) (the "Company") is pleased to provide this update with respect to its recent trip to New York City and other corporate information. From March 12 - 16, the Company met with various financing groups and investor relations firms in New York City.

In addition, the Company held a meet and greet with numerous members from the investment community in the Wall Street district. The Company has ongoing discussions regarding possible financing for its projects, and will provide additional information as it becomes available.

The Company also recently engaged a new independent registered public accounting firm. The Company is working diligently with its new auditor to complete its financial statements for the year ended December 31, 2008. Though the time to file has now passed, the Company anticipates filing its Form 10-K for the year ended December 31, 2008 within two weeks.

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.globenewswire.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.


            

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