WIND ENERGY CENTRAL

[Mr. Zen]

AWSL Rooftop Solar Division to Focus On Ontario, Seeking Property Management /Real Estate Developers

MIAMI, Aug. 26, 2009 (GLOBE NEWSWIRE) -- Atlantic Wind and Solar Inc. (Pink Sheets:AWSL) is pleased to announce the launch of its Rooftop Solar Division that will enable property management/owners/real estate developers to capture new long term revenue/profit streams by selling solar-produced electricity into the Ontario grid at the generous feed-in tariffs (FIT) introduced by the Ontario Government to encourage the use of Renewable Energy (RE.) Ontario's trend setting FIT, also known as "standard offer contract" represents a compelling incentive for all manner of commercial, industrial and institutional buildings to avail themselves of the new revenues and profits made available through Renewable Energy programs.

The Rooftop Opportunity

The Government of Ontario has scheduled the closing of coal-fired generating stations and is limiting the growth and/or refurbishment of nuclear generating facilities, favoring Renewable Energy to meet much of the Province's future electricity demand. Accordingly, the Ontario Power Authority has instituted the FIT Program which offers to buy (at the highest price) electricity generated by rooftop PV solar arrays through contracts running approximately 20 years. Studies confirm an abundance of solar energy available in Ontario -- superior, in fact, to Germany, a world-leading producer of solar energy as a portion of its total produced electricity. Tens of thousands of suitable rooftops are presently underutilized in Ontario, representing a huge target market for AWSL's advanced Micro Energy Park(tm) rooftop solar systems.

Distinct Advantages of AWSL's Micro Energy Park(tm) Rooftop Solar Systems

The Company's Rooftop Solar Division will apply superior technology to maximize power generation and profits under the new Ontario FIT incentives for expanding Renewable Energy use. It will use and exclusively benefit from the technological advancements, close strategic corporate relationships, and IP technology licenses offered and afforded by associate Hybridyne Group of Companies. With its high-efficiency inverter/converter technology and other leading edge technologies, Atlantic will build the most efficient Solar Photovoltaic (PV) electricity generation facilities designed for those rooftops.

The leading edge technology embedded in AWSL Micro Energy Park(tm) rooftop systems will provide enhanced electricity generation and commensurate higher profits. The resultant return on investment (ROI) is maximized, prompting ever-cost-conscious real estate owners and developers to investigate this exciting "new" long term revenue stream.

The Relevance of Ontario's Aggressive Promotion of Renewable Energy

"When the Ontario Government passed legislation of the Green Energy Act on May 15, 2009, with its advanced FIT program to promote Wind & Solar Energy, accolades were heard across the global Renewable Energy industry. This RE milestone is especially relevant to Atlantic Wind and Solar Inc.," said Atlantic Wind and Solar I.R Director, Mr. Brent O'Connor.

"Today's adoption of the Green Energy Act by the Ontario Legislature represents an historic paradigm-shifting legal milestone in the imperative transition to a renewable energy system in North America," said Dr. Hermann Scheer, General Chair of the World Council for Renewable Energy and Member of the National Parliament of Germany.

"Today's passing of the Ontario Green Energy Act represents an historic international milestone as the Act promises to be the most advanced piece of renewable energy legislation in North America," said Stefan Gsanger, Secretary General of the World Wind Energy Association.

About Atlantic Wind and Solar Inc:

Through focused management, strong R&D, state-of-the-art proprietary technology, exclusive licenses, and joint ventures, Atlantic Wind & Solar Inc. is poised for rapid growth at the forefront of the massive global shift towards environmentally friendly, economical renewable energy. The Company is positioned to achieve significant inroads into key sectors of the annual $200 billion renewable energy boom that is accelerating across North America and around the world.

Disclaimer:

Shareholders and investors are strongly cautioned against placing undue reliance on information set forth in these communications in making any investment decisions concerning our securities.

The matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks are detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission including the company's Annual Report, Quarterly Reports and other periodic filings. These forward-looking statements speak only as of the date hereof. The company disclaims any intent or obligation to update these forward-looking statements.

CONTACT: Geneva Bancorp.
Investor Relations:
Mr. Brent O'Connor
[phone]
[e-mail]



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