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Longwinded

03/02/11 1:05 PM

#4585 RE: wakl #4584

I thought Shutdown ends on April Fools Day.

And somebody said that the military's money would be freed up for their big order for some of the $100K? trailers around mid March.

I hope they are expecting other orders, and that Sales is not shut down!
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rab813

03/02/11 2:13 PM

#4588 RE: wakl #4584

I don't recall reading anything about a shutdown, where did you read that wakl?

ROCHESTER, N.Y., Dec. 15, 2010 /PRNewswire-FirstCall/ -- WindTamer Corporation ("WindTamer" or the "Company") (OTC Bulletin Board:WNDT.ob - News) announced today that it has undertaken temporary cost-reduction measures designed to reduce expenses during a period of approximately 6 to 12 weeks. WindTamer said it has been finalizing discussions involving several significant orders that are expected to close in the first quarter of 2011.

(Logo: http://photos.prnewswire.com/prnh/20101115/NY01642LOGO )

WindTamer has furloughed several production employees with the expectation that they will be recalled early in the first quarter of 2011. In addition, some production employees have elected to accept restricted WindTamer common stock in lieu of some or all of their cash compensation over the 12 weeks.

All of WindTamer's executive officers have also elected to receive restricted WindTamer common stock in lieu of some or all of their cash compensation over the next 12 weeks.

WindTamer Chief Executive Officer William A. Schmitz said that, "The executive officers of WindTamer have chosen to accept WindTamer common stock for some or all of their compensation for the next several weeks as a means of bridging a financing gap to several significant orders that we anticipate will be closed in the first quarter of 2011. Some of these orders involve large entities, including government agencies, where the negotiation and contracting process has taken longer than anticipated due in part to end-of-year factors. However, management's willingness to accept WindTamer shares for all or part of its compensation should be viewed as a signal of our confidence in the Company's outlook. Furthermore, I would like to stress that we stand by our recent projection of 2011 booked orders in the range of $15 to $25 million, in large part relating to our new 'Power on Demand' renewable energy storage and management system." WindTamer's first 'Power on Demand' system is scheduled to be installed by the end of December 2010.

Mr. Schmitz added that, "We are extremely appreciative of the understanding and cooperation of our furloughed production employees and we will make every effort to recall them at the earliest possible date that business conditions permit."