AWSL readies itself to say good bye to the Skull & Bones
Sky
========================== TORONTO -- (MARKET WIRE) -- 11/11/09 -- Atlantic Wind and Solar Inc. (AWSL:$3.1300,$0.0300,0.97%) is pleased to report that, in keeping with its clear focus on extraordinary opportunities in the dynamic Ontario Solar Power market, it has selected Toronto, Ontario as the location for its headquarters. Canada's largest city, Toronto is the epicenter of Ontario's Renewable Energy revolution. Located on Bay Street in the heart of Toronto's financial district, AWSL's new offices are being renovated for scheduled occupation in the first week of December 2009.
Our New Address Atlantic Wind and Solar Inc. (AWSL:$3.1300,$0.0300,0.97%) 350 Bay Street, Suite 1201 Toronto, Ontario Canada, M5H 2S6 Phone: 1 (800) 891-1657 Fax: +1 (888) 316-0424
Ontario Welcomes Renewable Energy Atlantic's move to Toronto was prompted by the Ontario Government's global pace-setting Green Energy Act and lucrative Feed-in-Tariff (The "FIT" program), which provided a strong boost for AWSL's rooftop solar initiative. The incentives contained in the Province's progressive Green Energy Act are unequalled in North America and have been hailed as world leading in terms of encouraging the development of Renewable Energy projects. AWSL's Toronto headquarters will also house the Company's wholly-owned Canadian subsidiary, Atlantic Solar Inc., formed to focus on rooftop and ground mounted solar projects throughout Ontario.
Focused Squarely On Ontario Solar Atlantic Wind and Solar (AWSL:$3.1300,$0.0300,0.97%) is now concentrating its marketing efforts on the exciting opportunities in the business of supplying, installing and, where appropriate, owning its leading edge Micro Energy Park rooftop and ground mounted solar PV systems in Ontario. This corporate focus emerged when the Government instituted its paradigm-changing Green Energy Act with its lucrative FIT program in September.
Recently, Atlantic Wind and Solar (AWSL:$3.1300,$0.0300,0.97%) received several Letters of Interest and/or Intent regarding deployment of its rooftop solar energy parks in Ontario as the interest in rooftop solar systems rapidly moved to a new level since September. Discussions are currently underway with various parties regarding additional AWSL Micro Energy Park rooftop solar projects.
Other News Atlantic will not be proceeding with a study for the Morton Salt Company of Chicago to assess the feasibility of producing electricity from hybrid renewable energy ("RE") at its major salt producing facility on the island of Grand Inagua in the Bahamas. Morton Head office has put this project on hold until further notice, and AWSL management will not be pursuing this remote project in light of its new focus on Solar Energy in Ontario. Until further notice, potential Wind Power and hybrid Renewable Energy projects conflict with the Company's primary focus on Solar opportunities in Ontario.
AWSL and SEC-approved auditors Sam Kan & Company continue to work together towards achieving a listing status upgrade whereby the Company can ultimately elevate its share listing to a larger, higher profile venue for its share trading.
Sales and Marketing Contacts To make Renewable Energy sales enquiries, please call +1 800 891 1657 ext. 230. Property owners and managers with unobstructed commercial rooftops of 30,000 s/f or bigger in the province of Ontario, Canada, and which they are interested in possibly leasing to AWSL, are invited to call Mr. Geoff Moffat, Cushman & Wakefield Ltd. at 416-359-2534.
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