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Saturday, March 28, 2009

Energy Composites (Wisconsin Rapids) joins American Wind Energy Association

From a news release posted on Yahoo! Finance:

WISCONSIN RAPIDS, Wis.--(BUSINESS WIRE)--Energy Composites Corporation (OTCBB:ENCC - News) announced today that it has become a member of the American Wind Energy Association, the trade association that promotes wind power growth through advocacy, communication and education. In addition to the company’s membership, Sam Fairchild, ECC’s Chief Executive Officer, will take an active role in helping AWEA push its renewable energy agenda forward.

Fairchild praised AWEA’s tenacity and strength as an advocate of renewable energy solutions, noting that “AWEA is the national voice for the U.S. wind industry, with a strong record of success and an excellent portfolio of information and analytic resources available to its members. Membership in AWEA strengthens our launch platform for the Company’s wind energy strategy, including blade manufacturing and MRO services. Over the next several weeks we will share with investors each of the concrete steps we are taking to make that strategy a reality.”

Fairchild added that “ECC’s commitment to the wind market is very strong -- we see composites playing a larger and larger role in the successful transformation of wind power as the nation’s alternative energy solution. ECC’s advancements in design, materials, production techniques and product technologies will provide us with a significant competitive edge as we roll out our wind market penetration strategy. We are also focused on expanding our field services capability to become a major player in composites maintenance, repair and overhaul for the wind sector.”

Jamie Mancl, ECC’s founder and President, noted, “I am confident that we can bring as much value to AWEA as we expect membership in the organization will bring to us. We believe that greater use of advanced composites in the wind energy supply chain will drive substantially higher financial returns to wind farm developers and greater value to the nation as a whole.”

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