AAER Wind Energy fka AAE

[SPARK]

AAER announces temporary measures
3/17/2010 9:24 AM - Canada NewsWire

MONTREAL, Mar 17, 2010 (Canada NewsWire via COMTEX News Network) --
AAER Inc. (TSX-V: AAE), Canada's only original equipment manufacturer of wind turbines of 1 megawatt ("MW") and more, today announced the temporary layoff of 28 employees, mainly in operational and administrative positions, in order to preserve cash. The Corporation continues to service existing customers while proceeding with planning for the manufacture and erection of new wind turbines currently under contract.

<< About AAER Inc. --------------- >>

AAER is a wind turbine manufacturer located in Bromont, Quebec that manufactures and maintains high capacity 1 Megawatt or more wind turbines principally for the North American market. Its strategy is to progressively build its product's components to provide a high level of reliability and competitive pricing to its customers. AAER uses a portfolio of proven European technologies to ensure the performance of its turbines in various wind conditions and terrains. Its stock is listed on the TSX Venture Exchange (TSX-V: AAE). Additional information is available on the Company's website at www.aaer.ca.